ROYAL Mail has been dealt a fresh blow after regulator Ofcom said it would not impose new conditions on the firm’s direct-delivery competitors. More: continued here
Read More »Royal Mail share price drops as Ofcom says the postal service “isn’t under threat” – CITY A.M.
CITY A.M. Royal Mail share price drops as Ofcom says the postal service "isn't under threat"CITY A.M.The UK's postal service is not under threat, Ofcom has said, delivering a blow for Royal Mail, whose boss Moya Green told MPs it faced competitors which made a universal service “unfinanceable and uneconomic”. …
Read More »Universal postal service not under threat, regulator tells Royal Mail – This is Money
This is Money Universal postal service not under threat, regulator tells Royal MailThis is MoneyThe universal postal service is not under threat from competition despite Royal Mail's warning that 'cherry picking' by rivals was a threat to the single-priced service, the regulator said today. Royal Mail last week complained that …
Read More »FTSE edges lower as Royal Mail renews fall – Reuters UK
MarketWatch FTSE edges lower as Royal Mail renews fallReuters UKLONDON, Dec 3 (Reuters) – Britain's top share index edged lower from a one-week high on Wednesday, hit by renewed weakness in Royal Mail and oil majors even after UK economic data and some company earnings beat expectations. The blue-chip FTSE …FTSE …
Read More »Ed Richards delivers blow to Royal Mail as Ofcom rejects competition claims … – CITY A.M.
CITY A.M. Ed Richards delivers blow to Royal Mail as Ofcom rejects competition claims …CITY A.M.The postal service is finding it tough grappling with rivals while having to provide the universal service. Oliver Gordon reports. ROYAL Mail was hit by a double-whammy of bad news yesterday after Ofcom rejected its …
Read More »BUZZ-Royal Mail: postal regulator decision still rattling shares
** Royal Mail shares heading towards lowest levels since listing a year ago amid ongoing disappointment over Ofcom ruling ** Easily most actively traded stock on FTSE 100 with more than normal avg volume … More: continued here
Read More »FTSE edges lower as Royal Mail renews fall
Britain's top share index edged lower from a one-week high on Wednesday, hit by renewed weakness in Royal Mail and oil majors even after UK economic data and some company earnings beat expectations. The … More: continued here
Read More »Royal Mail receives stock market hammering after competition complaints … – This is Money
This is Money Royal Mail receives stock market hammering after competition complaints …This is MoneyRoyal Mail received a stock market hammering after its competition complaints were rejected by the regulator. More than £120m was wiped from the company's value after Ofcom said that the Universal Service – which requires Royal …
Read More »New blow for Royal Mail as Ofcom rejects competition threats – Express.co.uk
Express.co.uk New blow for Royal Mail as Ofcom rejects competition threatsExpress.co.ukHowever, it said it will initiate a broader review of factors affecting Royal Mail's ability to deliver the universal service and will consider the company's efficiency and its parcel delivery performance. The regulator believes that competition from … More: continued …
Read More »Royal Mail shares take a hit after regulator rejects claims universal service … – The Independent
The Independent Royal Mail shares take a hit after regulator rejects claims universal service …The IndependentWhistl has claimed Royal Mail's problems, which included a 21 per cent drop in profit to £279 million in last month's interim results, were because “it lags behind its most modernised EU peers in terms …
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