Business News Live: The Inflation of the United Kingdom will remain unchanged and Royal Mail to discard the publication of the Saturday of Second Class

Great change for Royal Mail, since they have been given green light to discard the deliveries of the Saturday of second class.

The reason given by the regulator is to guarantee the survival of the regular delivery service, with the number of letters sent in half in the last 14 years.

As of July 28, Royal Mail will deliver a second -class publication on alternative working days, but not Saturdays.

It should allow savings of up to £ 400 million so that Royal Mail reinvesting in other delivery services.

Natalie Black, director of the ofcom group for networks and communications, said:

“These changes are the best for consumers and companies, since the urgent reform of the postal service is necessary to give it the best survival opportunity.

“But changing the obligations of Royal Mail only will not guarantee a better service: the company now has to play its role and implement this effectively. We will make sure that Royal Mail is clear with its clients about what is happening and the benefits of these changes happen.”

The governor of the Bank of England, Andrew Bailey, said he disagrees with labor proposals to force pension funds to make higher investments in national assets.

“I don't support the principal, I don't think it's appropriate,” he said.

The pension reform of Mr. Bailey is needed.

Rachel Reeves is under a new pressure not to reduce the ISA cash limit after construction societies wrote an open letter to the chancellor, describing them as “a vital role in the economy in general.”

But the Association of Construction Societies (BSA) now begs you to leave the popular savings product intact.

The Nvidia chips manufacturer yesterday became the first company to overcome an assessment of $ 4 billion, with another recent increase in shares prices when seeing Apple and Microsoft to the milestone.

The shares increased more than 2 percent before Wednesday's negotiation before immersing themselves shortly after, as the profits occurred.

Matt Britzman, a senior capital analyst of Hargreaves Lansdown, described him as a “historical” moment and suggested that the shares could still increase more, given profits of profits and mastery of the market share.

Good morning and welcome back to another business news day about The Independent.

Soon we have news from the stock market, the latest on the tax debate of heritage, the economic data of the United Kingdom and more to come.