Royal Mail

The main index shed 0.7pc as financial stocks and oil firms dropped amid a fresh row between the two countries after US legislation. The mid-cap FTSE 250 slid 0.8pc, as Royal Mail’s plunge more than offset a 6pc rise in Direct Line. London’s FTSE 100 fell further on Thursday as …

‘Can a royal be fired?’ an American friend asked me yesterday morning as the Prince Andrew scandal roared across the pond. ‘Not really,’ I replied. It turns out I was wrong: they can. Last night, Andrew was sensationally dismissed from public life by his own mother, the Queen. It marked …

British Labour leader Jeremy Corbyn unveiled the party’s most leftwing election manifesto in a generation on Thursday including a pledge to increase taxes by £82.9billion (€97bn) a year with the vast majority falling on big business and the wealthy. The party’s manifesto, unveiled at an event in Birmingham, promises a …

Image copyright AFP Image caption Shadow chancellor John McDonnell wants to reward workers better Labour’s manifesto is one of the most radical proposed overhauls of the way companies are owned and run in decades. Plans to nationalise the big six energy firms, the national energy grid, the rail and water …

The Labour Party has launched its 2019 election manifesto, with the slogan It’s Time For Real Change. It sets out the polices the party aims to introduce should it win the election. The full document runs to 105 pages. But what are the promises that will grab the public’s attention, …

Thursday, November 21, 2019 7:38 a.m. CST By David Milliken and William Schomberg LONDON (Reuters) – Britain ran a much bigger budget deficit last month than expected, showing how public borrowing is already on the rise even before politicians implement any of the costly spending pledges they have made in …

London’s FTSE 250 was down by 0.83% at 20,304.86 in afternoon trade on Thursday, with Royal Mail dragging the index lower. Shares in the mail carrier tanked after the company said its transformation programme was behind schedule, cut its interim dividend and warned of a “challenging” outlook for the letters …

Reuters A Royal Mail postal worker stands in the yard of a sorting office in Altrincham, Britain. European stocks dropped on Thursday on concern the U.S. and China won’t imminently strike a trade deal. The Stoxx Europe 600 …

The Royal Mail (LSE: RMG) share price slumped by as much as 17% in morning trading as threats of industrial action are expected to impact the company’s outlook. The six months to 29 September brought in a pre-tax profit of £173m (though that includes an operating profit of only £61m), …

Click here to read this morning’s Market Outlook from The Trader. IC TIP UPDATES:  A trading update from Knights Group Holdings (KGH) indicates the first half of the year will be in line with market expectations, with double digit organic revenue growth and the benefit of prior year acquisitions. Characterised as …