Questor share tip: Royal Mail a long term hold
The national postal service maintains income attraction for the long term investor, says Questor.
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The national postal service maintains income attraction for the long term investor, says Questor.
More: continued here
Royal Mail to close its final pension fundPeninsula On-line, Qatar –7 minutes agoLONDON • Britain's Royal Mail said yesterday that it would close its final salary pension scheme to new members from the end of this month. … More: continued here
24dash Countryside Properties appoints new chairmanRegen.netHe is a non-executive director of milk producer Dairy Crest and has previously chaired Royal Mail, utilities firm AWG and oil and gas company Venture …Countryside Properties appoints new Executive Chairman24dashall 3 news articles » More: continued here
[ad_1] PayPoint is to slash retailer commissions on parcel services, blaming InPost’s acquisition of Yodel earlier this year. As first reported by Convenience Store, letters sent to major chains this week announced commissions for most Yodel parcels will drop by more than a quarter from 35p to 25p, while store-to-store parcels commission will be set…
Private equity group CVC Capital Partners is drawing up plans to buy a stake in Royal Mail More: continued here
[ad_1] The Post Office has confirmed plans to shut down 115 branches, a move that could potentially lead to the loss of 1,000 jobs. The branches under threat may be transferred to retail partners or postmasters, or they could face closure. Have your say! How will the planned Post Office closures affect you? Comment below…
[ad_1] Royal Mail PLC (LSE:RMG) shares have been downgraded by UBS as the deteriorating UK economy is expected to hit parcel volumes and less is expected of management’s cost-cutting plans. Having previously expected UK parcel volumes to be flat, the bank’s analysts now predict they will fall 5%. This is based on an analysis of…