Royal Mail delivers jump in profits to £233m
Maiden half-year profits at the Royal Mail jump as Vince Cable and Michael Fallon face MPs over the company's valuation
More: continued here
Maiden half-year profits at the Royal Mail jump as Vince Cable and Michael Fallon face MPs over the company's valuation
More: continued here
[ad_1] The Royal Mail said it is “minded” to accept the latest takeover bid by Czech billionaire Daniel Kretinsky. The improved offer values the Royal Mail parent company International Distribution Services (IDS) at £3.5bn. IDS, which also owns GLS, a thriving parcels delivery service based in the Netherlands. “The Board is minded to recommend this…
By Neil Maidment LONDON (Reuters) – Britain said it expects to appoint lead bank advisers for a possible stock market listing of Royal Mail Group by the end of May, as it pushes on with plans to privatise the firm. In what would be one of the most significant privatisations of a British asset since…
[ad_1] Anthony, a Carshalton resident, told the Local Democracy Reporting Service he and his wife had to collect urgent post from the sorting office after not receiving mail for over a week. “They’re only dropping off parcels,” he said, quoting a Royal Mail driver who claimed staff were told “not to bother with letters right…
As a trusted adviser to a member of the United Arab Emirates royal family, Texas businessman Bassam Nabulsi says he safeguarded the sheik’s most important documents: financial records, investment documents, and videotapes showing the sheik torturing people with a cattle prod and a spiked plank. More: continued here
[ad_1] JPMorgan Chase & Co. reaffirmed their neutral rating on shares of Royal Mail (LON:RMG) in a research note published on Friday morning, Digital Look reports. Several other research firms have also recently issued reports on RMG. HSBC cut shares of Royal Mail to a hold rating and decreased their price objective for the stock…
[ad_1] The Communication Workers Union (CWU) has revealed the terms of its agreement with Royal Mail Group, which will now be put to a vote by members. Royal Mail and the union have been embroiled in a long-running dispute over pay, job security and terms and conditions, which resulted in 18 days of strike action…