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Financial Times |
Royal Mail fall exposes FTSE relegation vulnerability
Financial Times Royal Mail slipped into the FTSE 100 relegation zone on Friday amid fears that a hoped-for surge in parcel volumes cannot be delivered. UBS added Royal Mail to its “sell” list. A lack of automation and slow progress with restructuring makes Royal Mail … FTSE enjoys first week of gains since May, though oil weighs Easyjet and Centrica lead FTSE 100 higher Sterling drops against dollar amid 'quadruple-whammy' of bad news for UK economy |
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