Britain's main equity index snapped a four-day winning streak on Wednesday as heavyweight mining stocks were hit by a fall in iron ore prices and disappointing trading updates from Royal Mail and testing … More: continued here
Read More »Royal Mail cuts parcels growth outlook as profit falls – Yahoo News UK
Yahoo News UK Royal Mail cuts parcels growth outlook as profit fallsYahoo News UKLONDON (Reuters) – Royal Mail more than halved the expected growth rate of its UK parcels market on Wednesday for the next two years, due to fierce competition which helped send first-half operating profit down 21 percent. …
Read More »Royal Mail reveals drop in profits
Royal Mail posted a drop in half-year profits today after its parcels arm was squeezed by A mazon's drive to deliver more of its own business. More: continued here
Read More »Royal Mail beats targets for delivery in NP postcode – South Wales Argus
Royal Mail beats targets for delivery in NP postcodeSouth Wales ArgusFor first-class mail, Royal Mail delivered 93.3 per cent the next working day, against a target of 93 per cent, over the six months to 28 September. The second-class mail target was also exceeded, with 98.9 per cent of mail …
Read More »Royal Mail PLC Share Price Predictions: RMG Shows Us the Only Way is Up – The C Suite
The C Suite Royal Mail PLC Share Price Predictions: RMG Shows Us the Only Way is UpThe C SuiteOur technical snapshot attempts to decode the clues hidden in recent Royal Mail PLC (LON:RMG) share price moves in order to gauge potential future direction. The decline in the Royal Mail share …
Read More »Royal Mail warns Amazon delivery service will hit UK parcels business
Postal company cuts parcels growth forecast by more than half as it reports 21% fall in first-half profits for overall group Royal Mail has warned that growing competition from Amazon will hit its UK parcels business, as it reported a 21% fall in first-half profits for the postal group. The …
Read More »Royal Mail 1st Half Revenue Rises – Nasdaq
Royal Mail 1st Half Revenue RisesNasdaqRoyal Mail said revenue in its core U.K. operation was flat despite a reduction in the rate of growth of the addressable U.K. parcels market caused by the impact of Amazon's own-delivery network. "Our performance remains in line with our expectations … More: continued here
Read More »Bank of England split 7-2 over interest rates; Royal Mail shares dive 8 … – The Guardian
The Guardian Bank of England split 7-2 over interest rates; Royal Mail shares dive 8 …The GuardianBrenda Kelly of IG Index says that investors have noted Royal Mail's warning that Amazon's competitive delivery network means the parcels market will only grow half as fast as expected. We can expect more …
Read More »Is Royal Mail the cheapest way to send parcels?
Many of us will be posting packages in the coming weeks – here's how to keep the costs down More: continued here
Read More »Royal Mail shares fall sharply on concerns over competition – BBC News
BBC News Royal Mail shares fall sharply on concerns over competitionBBC NewsShares in Royal Mail have fallen by almost 8% after the company warned that rivals – including Amazon – were eating into its parcel delivery business. Royal Mail said the rise of delivery firm Whistl could wipe £200m off …
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