The Royal Mail has warned that an increase in competition could jeopardise the future of the postal system. More: continued here
Read More »Is Royal Mail underpriced or overpriced? – Greenock Telegraph
Investors Chronicle Is Royal Mail underpriced or overpriced?Greenock TelegraphView from the dealing floor at IG. Find out more about financial spread betting at IG. The recently privatised Royal Mail has reported a half-yearly pre-tax profit of £233 million, up from £94 million in the same period last year. Contributing to …
Read More »Royal Mail: Goldman Sachs Faces ‘Further Questions’ from Parliament on … – IBTimes.co.uk
Royal Mail: Goldman Sachs Faces 'Further Questions' from Parliament on …IBTimes.co.ukGoldman Sachs faces the prospect of further scrutiny by parliament over its advice to the UK government on the flotation of the Royal Mail as the chairman of the influential Business Select Committee declares that there are "further questions to …
Read More »Royal Mail shares: Goldman Sachs sets price target of 610p
Row over privatisation may escalate over 12-month target after bank had advised government to float business at just 330p Goldman Sachs has risked a further escalation of the Royal Mail privatisation row by putting a price target on the shares of 610p despite telling the government that the business should …
Read More »Royal Mail sell-off: Goldman Sachs admits share price will ALMOST DOUBLE … – Mirror.co.uk
IBTimes.co.uk Royal Mail sell-off: Goldman Sachs admits share price will ALMOST DOUBLE …Mirror.co.ukThe taxpayer could have lost £1.7billion after a bank that told the Government to sell Royal Mail on the cheap nearly doubled the postal firm's price tag. Mega-wealthy Wall Street giant Goldman Sachs advised the Government to flog …
Read More »Royal Mail profits leap as Cable faces questions – The Week UK
Royal Mail profits leap as Cable faces questionsThe Week UKOnline shoppers have driven Royal Mail profits up to £233m for the six months to the end of September, up from £94m for the same period last year. That figure excludes a one-off windfall resulting from pension reform, which led to …
Read More »Royal Mail: what do its results mean for shareholders? – Telegraph.co.uk
Royal Mail: what do its results mean for shareholders?Telegraph.co.ukNext, he pointed to the performance of the parcels business, which is expected to drive Royal Mail's future success because of the rise of online shopping. "This is the exciting bit of the company," he said, "Sales rose by 9pc over the …
Read More »Royal Mail's shares to hit £6 next year
Critics say it is now clear the price was far too low and that the taxpayer has lost out on millions as a result. More: continued here
Read More »Christmas delivery dates: how to mail your cards and gifts post haste – The Guardian
The Guardian Christmas delivery dates: how to mail your cards and gifts post hasteThe GuardianYou can calculate the cost of sending larger items, based on their size and weight, at the Royal Mail's online Price Finder service. Prices to send parcels in the UK start from £2.60 second class, due …
Read More »Royal Mail misses first-class targets in parts of Black Country – expressandstar.com
Royal Mail misses first-class targets in parts of Black Countryexpressandstar.comThe news followed a warning last week by the industry regulator Ofcom that Royal Mail could be fined after missing its targets for the year to March. Ofcom said it will consider opening a formal investigation which could result in enforcement …
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