Royal Mail

Bosses say first big round of job cuts since privatisation – mainly of backroom and central office managers – will save £50m More: continued here

Leicester Mercury Royal Mail's Campbell Street and Swan House delivery offices to close within …Leicester MercuryRoyal Mail has announced it will have completed the closure of two delivery offices by early next year. The Campbell Street office in Leicester and Swan House, in Meridian East industrial estate, will start to transfer work to the main…

Gloucestershire postbox honouring Victoria Cross recipient turned down by …Western Daily PressA proposal to honour one of Gloucestershire's war heroes has been turned down by the Royal Mail. Chairman of Bourton-on-the-Water Royal British Legion, John Cork, hoped to get the village post box painted in the colours of the Victoria Cross in honour …and more »…

Is Royal Mail PLC A Super Income Stock?The Motley Fool UKWhen Royal Mail (LSE: RMG) listed in October 2013, its merits as an income stock were clear. Not only did it offer a 6%+ yield, it also included the potential to increase dividends at a brisk pace. Since listing, shares are up nearly 75% —…

4ni.co.uk Royal Mail Lorry Smashes Into House4ni.co.ukRoyal Mail Lorry Smashes Into House. A 7.5 tonne Royal Mail Lorry has crashed into a house in Wheatsheaf Mews, off Brockhurst Road in Gosport. The incident happened just after 6am on Wednesday morning, when the lorry crashed in the home of a couple …and more » More: continued here

Broker spotlight – ITV, Royal Mail, Man Group, First Group, Alliance Pharma …Proactive Investors UKUBS, meanwhile, is retaining its 'sell' stance and has reduced its earnings per share estimates for Royal Mail (LON:RMG) over the next three years due to higher transformation and pension costs. The 1,600 job cuts announced yesterday are an integral …and…

Royal Mail Confirms Plans To Axe 1300 JobsEagle RadioA union has raised the threat of industrial action after Royal Mail confirmed it was consulting on plans to cut 1,300 jobs, mainly managerial staff. Unite, which represents 7,000 managers at the firm, described the proposals as "ruthless". Royal Mail…Is Royal Mail PLC A Super Income Stock?The…

Does Royal Mail PLC (LON: RMG) have the right credentials to be classed as a very attractive income play? More: continued here

Royal Mail still undervalued, says Miton's Godber | FE TrustnetFE TrustnetThe government floated 60 per cent of the Royal Mail group in October 2013 at 330p per share, valuing the business at £3.3bn, but several investment banks at the time made estimated valuations up to £1.5bn higher. Its share price has had a strong run…

BBC News BBC News – Royal Mail plans to cut 1,600 jobsBBC NewsRoyal Mail is planning to cut 1,600 roles, mostly head office managerial jobs, as part of a drive to cut costs. The postal delivery service says the net effect will be 1,300 job losses, as it plans to create 300 new or enhanced…