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City of London

Royal Mail Mulls Split as Pandemic Buzz Fades: The London Rush

A Royal Mail trolley on a street in London, UK. — A Royal Mail trolley on a street in London, UK.
Photographer: Hollie Adams/Bloomberg

By

Charles Capel and

Leonard Kehnscherper

July 20, 2022, 6:44 AM UTC

Here’s the key business news from London-listed companies this morning.

Inflation: UK inflation hit yet another new 40-year high in June, intensifying the cost of living crisis and piling pressure on the Bank of England to deliver an aggressive interest-rate increase next month.