Royal Mail facing regulation probeWirral GlobeThe regulator said this left Royal Mail without any competition for direct delivery of letters – though competition remained strong in parcels and "access mail" where rivals collect and sort mail before handing over to Royal Mail to complete delivery. More: continued here
Read More »Britain to review Royal Mail regulation after rival exits market – Economic Times
Britain to review Royal Mail regulation after rival exits marketEconomic TimesLONDON: Britain said it would review the regulation of Royal Mail after the withdrawal of rival Whistl from the direct delivery letter market left the former state-owned provider with no national competition. Regulator Ofcom said the review would … More: …
Read More »FTSE 100 Ends Day Little Changed at March Low; Rio Tinto Falls – Bloomberg
Bloomberg FTSE 100 Ends Day Little Changed at March Low; Rio Tinto FallsBloombergU.K. stocks erased losses to close little changed as the FTSE 100 Index heads for a fourth straight weekly decline. Rio Tinto Group and Anglo American Plc retreated, as a gauge of European commodity shares posted the only …
Read More »FTSE recovers from five month low – expressandstar.com
expressandstar.com FTSE recovers from five month lowexpressandstar.comRoyal Mail recovered from early falls after communications watchdog Ofcom launched a "fundamental review" following the withdrawal of rival Whistl from the direct delivery letters market. Royal Mail shares dropped as much as 3% after Ofcom said it will …IAG and Royal Mail fall …
Read More »Royal Mail stake sale raises £750m for UK government – Financial Times
Financial Times Royal Mail stake sale raises £750m for UK governmentFinancial TimesShares in Royal Mail fell almost 4 per cent on Thursday after the UK government said it had raised £750m from the sale of half of its remaining 30 per cent stake in the company. Banks led by JPMorgan, …
Read More »Royal Mail Falls as Regulator Ofcom Launches Probe – TheStreet.com
Royal Mail Falls as Regulator Ofcom Launches ProbeTheStreet.comEuropean equities investors mark stocks lower on Tuesday as they continue to fret about a Greek debt default ahead of a crunch meeting on Thursday and as Federal Reserve policy makers prepare to start their two-day pow-wow. Reflecting Greek worries … More: continued here
Read More »Royal Mail staff treated after Colchester depot ‘chemical incident’ – BBC News
BBC News Royal Mail staff treated after Colchester depot 'chemical incident'BBC NewsTen Royal Mail staff members have been treated by paramedics after a "chemical incident" at an Essex depot. Emergency services were called to the site in Moorside, Colchester, at 03:30 BST following reports of a "strong smell of chemicals", …
Read More »IAG and Royal Mail fall as UK’s FTSE hits five-month low – Reuters UK
Bloomberg IAG and Royal Mail fall as UK's FTSE hits five-month lowReuters UKRoyal Mail hit by prospect of UK rules review. * APR Energy down nearly 30 pct after profit warning. By Sudip Kar-Gupta. LONDON, June 16 (Reuters) – Britain's main share index slid to a five-month low on Tuesday, …
Read More »Royal Mail Shares Face Near-Term Overhang But Longer-Term Outperformance – The C Suite
The C Suite Royal Mail Shares Face Near-Term Overhang But Longer-Term OutperformanceThe C SuiteResearchers at Berenberg Bank say there is however a near-term overhang that could see the stock struggle to gain momentum in the near-term, “the sale by the government of a second, and soon a third, tranche of …
Read More »First-class stamp prices could be controlled as Royal Mail faces more regulation – The Guardian
The Guardian First-class stamp prices could be controlled as Royal Mail faces more regulationThe GuardianOfcom gave Royal Mail greater commercial freedom in 2012, designed to support the universal postal service, after the watchdog took over postal regulation. But Royal Mail is now stronger financially and operates as a public company …
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