Royal Mail

Labour Party leader Sir Keir Starmer on Monday said he’s “pragmatic” about renationalising transport and utilities after his shadow chancellor said the 2019 manifesto pledge had been “scrapped.” It comes as Great Manchester’s Labour Mayor Andy Burnham hailed the rejection of a legal challenge to his decision to bring bus …

She said the Jeremy Corbyn era pledge to bring rail, water, energy and Royal Mail back into public ownership was now unaffordable. Ms Reeves has vowed to fund all day-to-day spending with tax revenues and to bring down Britain’s growing debt mountain. “To be spending billions of pounds on nationalising …

News Soaring inflation is seeing pay battles, but other issues are also sparking resistance Downloading PDF. Please wait… Monday 25 July 2022 Issue Whitby Royal Mail workers make their views clear (Picture: CWU on Twitter) Second ballot in post after massive backing for strikes  Workers in Royal Mail have begun …

Senior councillors are being asked to approve a series of related land deals this week that could bring scores of new homes to two key sites in Brighton and Hove. The Royal Mail offices in North Road in Brighton The homes would be built on the Royal Mail offices in …

It is thought that neither the Royal Family nor its lawyers have seen the book. The bombshell book is thought to be “on track” to be out by the end of the year. It has been reported the book was ghostwritten by American author JR Moehringer. And now The Sun …

More than a hundred people have objected to the Royal Mail’s plans to move its Brighton and Hove sorting offices to a single site in Patcham. The Royal Mail has submitted a planning application to build a new delivery office at Patcham Court Farm, in Vale Avenue, Brighton. The plans …

Where next for Royal Mail shares? Arguably, 2022’s share price collapse is a fair reflection of Royal Mail losing market share to nimbler competitors operating without the legal requirement for universal delivery, falling letter use, and reducing e-commerce parcel demand as the pandemic fades. But its biggest problem is far …

Pippa Middleton has issued a sweet nod to the Royal Family with the name of her new baby. Pippa recently gave birth and the name has now been reported. According to the Daily Mail, Pippa and James have named the new arrival Rose. A source claimed: “Rose has been the …

The Royal Mail Statutory Pension Scheme (RMSPS) deficit increased to £50,876m as at 31 March 2022, up from £48,614 to in March 2021, according to the scheme’s latest Annual Report and Accounts. The RMSPS also recorded a net actuarial loss of £3.1bn over the past year, driven by the higher …

Citigroup reissued their buy rating on shares of Royal Mail (LON:RMG – Get Rating) in a report published on Thursday, Marketbeat reports. The firm currently has a GBX 410 ($4.90) target price on the stock. RMG has been the subject of a number of other reports. Barclays reissued an overweight …