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Royal Mail

Broker tips: Royal Mail, Berkeley Group, Plus 500

Royal Mail was under pressure on Wednesday as Liberum reiterated its ‘sell’ rating on the stock and slashed the price target to 120p from 175p, arguing that the company’s strategy is undeliverable. The broker said the fact that management openly questioned the achievability of its 2024 targets just nine months …

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Goldman-backed Neyber lines up administrators

Thursday 20th February 2020 12:15 GMT Sky News has learnt that Neyber, which enables employees of blue-chip companies like Royal Mail and TalkTalk to borrow money against their salaries, is in discussions with BDO, the accountancy firm, about a range of strategic options. Sources said on Thursday that one possible …

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