A man shelters under an umbrella as he walks past the London Stock Exchange in London, Britain, August 24, 2015. REUTERS/Suzanne Plunkett Register now for FREE unlimited access to Reuters.com Register Unilever, Royal Mail to cut jobs Pub operator Marston’s gains despite lower sales FTSE 100 up 1.0%, FTSE 250 …
Read More »Here’s why I think the Royal Mail share price is 70% undervalued
The Royal Mail (LSE: RMG) share price has been a standout performer over the past couple of years. From a low of 124p printed at the beginning of April 2020, the stock pushed to a high of 600p at the beginning of June 2021, a return of 380%. Unfortunately, over …
Read More »Coronavirus: Latest Global Developments | The ASEAN Post
Here are the latest developments in the coronavirus crisis: Police Probe Partygate British Prime Minister Boris Johnson vows to cooperate with police on any formal probe into coronavirus lockdown-breaking parties at Downing Street, which has deepened the threat to his position. IMF Slashes Growth Estimate The Omicron variant of COVID-19 …
Read More »Latest Covid-19 developments from around the globe
PARIS: Here are the latest developments in the coronavirus crisis: – Police probe Partygate – British Prime Minister Boris Johnson vows to cooperate with police on any formal probe into coronavirus lockdown-breaking parties at Downing Street, further intensifying pressure on his position. – IMF slashes growth estimate – The Omicron …
Read More »Big pension changes coming in August – and it could mean ‘higher payouts’ for workers
An entirely new sort of retirement pot is launching this year, the ‘collective defined contribution’ scheme, which is already being trialled by the Royal Mail with 140,000 staff Video Loading Video Unavailable The video will auto-play soon8Cancel Play now Universal Credit, pension and other payment rates from April 2022 A …
Read More »Is Netflix taking matters into their own hands too?
Netflix has followed Spotify and is now also taking steps to get Prince Harry and Meghan Markle to produce some shows in 2022 – 16 months after they signed a reputed £120million deal to make TV. The streaming giant, whose stock tumbled more than 20 per cent on Friday after warning subscriber …
Read More »Royal Mail – parcel volumes and profits fall in Q3
26 January 2022 Transport / Logistics Services Royal Mail has announced its third quarter financial results. Parcel volumes and profits fell in the quarter, though still meeting management’s expectations even with the high street opening up through the pandemic. The postal operator handled 439 million parcels in the quarter, a decrease …
Read More »Royal Mail in further job cuts to deliver ‘transformation and modernisation’
Royal Mail is looking to cut 700 management jobs following a tough Christmas in which deliveries were disrupted by high levels of sickness absences caused by the spread of the Omicron variant of Covid. The company said the job cuts across its existing ranks of 8,000 managers will save the …
Read More »Royal Mail to sack 700 despite service issues and Covid staff sickness
Royal Mail staff are regarded as among the heroes of the pandemic but some of their jobs are still at risk. The privatised business said today it will axe around 700 management jobs as part of cost-cutting plans. The move will save around £40 million a year, the company claims, …
Read More »Royal Mail warns of more post delays in Havant due to ‘Covid related self-isolation’ and ‘resourcing’
Havant sorting office is one of the most affected areas in the country by these problems. Sign up to our daily newsletter The i newsletter cut through the noise Havant residents had also been experiencing similar delays last year. Picture: Rui Vieira/PA Wire. Read More Read More Tiny Royal Navy …
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