The future of 65 subpostmasters is at risk following uncertainty around the renewal of leases signed between Royal Mail and property investors Telereal Trillium. In 2007, Royal Mail sold 285 of its sites to Trillium, then called Land Securities Trillium, in a transaction reported to be worth £110m. The portfolio …
Read More »Royal Mail grows London fleet by 87 e-delivery vans
The British postal service Royal Mail is introducing 87 new electric delivery vans into London. The new vehicles are a mixture of the Mercedes-Benz eVito and Peugeot Partner Electric models, 30 of which are already in operation. The rest of the new e-transporters are to follow in the next two …
Read More »Royal Mail (LON:RMG) Given Underweight Rating at JPMorgan Chase & Co.
JPMorgan Chase & Co. reiterated their underweight rating on shares of Royal Mail (LON:RMG) in a research note published on Monday, January 20th, Digital Look reports. A number of other equities analysts have also recently weighed in on the stock. Societe Generale reduced their price objective on shares of Royal …
Read More »Royal Mail adds 87 electric vehicles to London fleet
Royal Mail is adding 87 electric vehicles and new charging infrastructure to one of its largest London distribution hubs. The additions to the fleet include Mercedes-Benz eVito and Peugeot Partner vans, which have load capacities ranging from 3.7 to 6.3 cubic metres. The vehicles will operate from Royal Mail’s distribution …
Read More »Don’t let the bosses stop postal workers’ walkouts
Workers during the previous national ballot – the CWU union is hoping to dodge another legal challenge (Pic: CWUnews/Twitter) Workers at several Royal Mail workplaces are set to start ballots for local strikes after bosses pushed ahead with major attacks on jobs and working conditions. CWU union members in at least …
Read More »Reckitt Benckiser Group, Royal Mail, Surface Transforms
Shares of Reckitt Benckiser Group with EPIC code: LON:RB has climbed 1.29% or 79.25 points during the course of today’s session so far. Market buyers seem confident while the stock has been in play. Range high for the period has seen 6261 dipping to 6143. The number of shares traded …
Read More »Arlo & Jacob’s new London flagship is its 4th new store in 18 months
// Arlo & Jacob opens its newest showroom at Islington Square, North London // The showroom is touted as the furniture retailer’s London flagship // It’s also Arlo & Jacob’s 2nd London store, and the 4th new store it has opened in 18 months Arlo & Jacob has opened the …
Read More »Will the UK’s climate assembly actually make any difference?
David Attenborough speaking at the UK’s first citizen’s climate assembly in Birmingham on January 25 Fabio De Paola/PA Wire/PA Images Over the weekend, 110 randomly-selected people travelled to a secret location in Birmingham to listen and learn. They were given a simple remit: to deliberate how the UK should deal …
Read More »Q1 revenue growth amid senior appointments at Greencore
Convenience foods giant Greencore Group has reported first quarter revenue growth and made a pair of senior appointments. Greencore has 21 production units in 16 manufacturing sites in the UK, operating two ingredient trading businesses in Ireland. The group employs 11,500 people. Group revenue for the 13 weeks to 27 …
Read More »Business confidence high for SMEs in 2020 and beyond
Business confidence is high as seven in ten UK SME online retailers are confident that their sales will increase in 2020, according to a study commissioned by Royal Mail and they’re also positive in the outlook for the next five years. With the UK now sitting out meetings with the …
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