Breaking Finance News Royal Mail PLC 6.3% Potential Decrease Indicated by Liberum CapitalDirectorsTalk InterviewsRoyal Mail PLC using EPIC/TICKER code LON:RMG has had its stock rating noted as 'Reiterates' with the recommendation being set at 'SELL' this morning by analysts at Liberum Capital. Royal Mail PLC are listed in the Industrials …
Read More »Strike threat after Royal Mail closes pension scheme – BBC News
BBC News Strike threat after Royal Mail closes pension schemeBBC NewsPostal unions are threatening to ballot for industrial action after Royal Mail said it would close its defined benefit pension scheme in 2018. The postal service said that the pension plan was currently in surplus, but it was not sustainable. …
Read More »FTSE 100 slides as bank shares lose ground – BBC News
BBC News FTSE 100 slides as bank shares lose groundBBC NewsRoyal Mail rose 0.6% after the postal service said it was closing its defined benefit pension scheme. The company said there was "no affordable solution" to retaining the scheme, as it would have to more than double its contributions to …
Read More »News & Tips: Royal Mail, Hays, Gattaca & more – Investors Chronicle
Investors Chronicle News & Tips: Royal Mail, Hays, Gattaca & moreInvestors ChronicleRoyal Mail Group (RMG) shares are trading 2 per cent higher this morning after the group decided members of its defined benefit pension scheme will lose their benefits from April 2018. Currently, the postal group contributes around £400m a …
Read More »Strike threat over Royal Mail plan to close pension scheme – Helensburgh Advertiser
Helensburgh Advertiser Strike threat over Royal Mail plan to close pension schemeHelensburgh AdvertiserThe Royal Mail is facing the threat of industrial action after announcing plans to close its defined benefit pension scheme next year. The Communication Workers Union said it had made clear that any attempt by the company to …
Read More »Royal Mail to close defined benefit pension scheme – Reuters
Royal Mail to close defined benefit pension schemeReutersLONDON, April 13 Britain's Royal Mail will close its defined benefit pension scheme at the end of March 2018 after a review found it would need to more than double annual contributions to over 1 billion pounds ($1.3 billion) to keep the plan …
Read More »Royal Mail opening up vehicle worksho – Post and Parcel
Royal Mail opening up vehicle workshoPost and ParcelRoyal Mail Fleet has one of the largest vehicle workshop networks in the UK, with more than 110 locations from Inverness to Redruth and more than 1,000 vehicle technicians. Paul Gatti, Royal Mail Fleet director, said: “We believe that the time is right …
Read More »Stunning photos show Chelmsford Royal Mail sorting office site which is back on the market – Essex Live
Essex Live Stunning photos show Chelmsford Royal Mail sorting office site which is back on the marketEssex LiveThese photos show off a prime plot of Chelmsford city centre land that's back on the market for redevelopment after it was abandoned nearly three years ago. The former Royal Mail sorting office, …
Read More »Royal Mail Say ‘no affordable solution’ for pension plan – DirectorsTalk Interviews
Royal Mail Say 'no affordable solution' for pension planDirectorsTalk InterviewsThe Plan is currently in surplus but Royal Mail expect the surplus will run out in 2018. The Company's annual pension contributions are currently around £400 million. If no changes are made, the contributions could more than double to over £1 …
Read More »FLASH: Royal Mail updates on 2018 pension review – Stock Market Wire
FLASH: Royal Mail updates on 2018 pension reviewStock Market WireFLASH: Royal Mail updates on 2018 pension review. 13 April 2017 | 07:09am. StockMarketWire.com – Story provided by StockMarketWire.com. LATEST STOCK MARKET NEWS AND OFFERS. Get the latest stock market and investment news, market wraps, …and more » More: continued here
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