Credit Suisse upped Royal Mail to ‘neutral’ from ‘underperform’ on Friday, hiking the price target 261p from 94p as it said the UK outlook has been improved by pandemic-driven tailwinds. Following new analysis of short-term parcel trends and early indications of letter and parcel revenue baselines beyond the pandemic, the …
Read More »Donald Trump’s loss will bring compassionback to politics
Readers have their say on Donald Trump’s loss and Joe Biden’s win in the US election. I’m so glad to see the back of Donald Trump: the polarisation and divisiveness, the twisted stories, the 1960s salesmanship, the general sense of anxiety he’s left on the world. Wherever he goes I …
Read More »Artists reach out to wildlife with Upper Street mural
The mural ARTISTS have painted a mural of bees and butterflies at the new Islington Square complex in Upper Street. Artist Jo Hicks said: “Islington is a nostalgic place for me because I used to live on Canonbury Road, my godmother lives there. “I have had a lot of history …
Read More »Woman jumped in front of train after learning unborn baby could be disfigured, inquest hears
A heavily pregnant mother-of-two jumped in front of a high speed train after discovering her unborn baby girl could have a facial deformity, a coroner heard. Royal Mail worker Zdenka Yabani spiralled downhill after a scan of her unborn daughter revealed the news that her baby was ‘small’ and could …
Read More »Royal Mail profits forecast to drop £150million after pandemic hits the post
R oyal Mail is expected to show a major fall in its profits in the first six months of the financial year, as the company prepares for what promises to be its busiest Christmas on record. The company’s adjusted operating profit is expected to reach around £9 million, according to …
Read More »Weekly outlook: Vodafone and British Land among flurry of updates; UK and EU inflation
Monday 16 November -Vodafone H1 results AJ Bell investment director Russ Mould says Vodafone’s Q1 update “offered little solace” to investors with revenues diving 1.3% on a like-for-like basis compared with a year ago as sales in its core European market slumped. On top of this the telecoms company has €42bn …
Read More »Courier and Local Delivery Services Market Segments, Regional and Global Trends, Forecast and Key Players – Aramex, Blue Dart, China Post, Japan Post Group, Royal Mail
“Courier and Local Delivery Services Market Overview: Decisive Markets Insights publishes report on Courier and Local Delivery Services Market Trends and Analysis, 2020 – 2027. Analysts opine tremendous increase in the business, which is set to record an anticipated value of approximately USD xx billion during the forecast period 2020 …
Read More »Broker tips: Whitbread, Royal Mail, Grafton
Barclays upgraded Premier Inn owner Whitbread to ‘overweight’ from ‘equal-weight’ on Friday, lifting the price target to 3,350.0p from 2,500.0p, arguing that it’s one of the most attractive recovery plays in the sector following this week’s vaccine news. The bank said it now has a greater level of confidence that …
Read More »UK healthtech startups to watch
Healthtech remains a booming market that’s set to grow rapidly as the effects of an aging population and cuts to the NHS make technology a crucial source of savings and new methods of treatment. According to the Association of British HealthTech Industries, the UK healthtech sector is now the largest …
Read More »The week ahead: UK & US retail sales; Royal Mail, easyJet results
Watch our week ahead video preview, read our pick of the top stories to look out for this week (16-20 November), and view our key company earnings schedule. Michael looks back at the recent vaccine news and the effect on financial markets in general, and ahead to the latest retail …
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