Moonpig grapples with the fallout from this Tory winter of discontent. There will be many more like it

Britain’s current industrial strife will have a negative impact on the economy, yet Rishi Sunak and co seem determined to put appeasing their backbenchers above the national interest, argues James Moore

Red-carded: Royal Mail strikes have hit Moonpig’s business (PA)

Why buy a card if you can’t bank on it getting to the recipient?

This is the problem (beyond its control) facing Moonpig, the online greeting card and gift company, which has just slashed its full-year revenue forecast from £350m to £320m.

The group repeatedly used the word “resilient” in its half-year results, which is usually code for “it’s really, really tough out there”. And it is. First-half profits took a tumble while uncertainty clouds the company’s future prospects.