Competition blow for Royal Mail
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.
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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
[ad_1] Image copyright PA Media The number of firms planning 20 or more redundancies by June rose more than fivefold compared to June last year, figures obtained by the BBC show. Data shared in response to a Freedom of Information request shows 1,778 firms notified the government of plans to cut more than 139,000 jobs…
The Government faces anger from Labour MPs and union leaders after it was revealed a Bill to sell off part of the Royal Mail is to be introduced into Parliament on Thursday. More: continued here
Simply Wall St Does Royal Mail plc's (LSE:RMG) share price already account for its high growth?Simply Wall StLooking at Royal Mail plc (LSE:RMG)'s fundamentals some investors are wondering if its last closing price of £4.204 represents a good value for money for this high growth stock. When investors want to determine if the value is…
Controversial UK Government plans for part-privatisation of Royal Mail are “in pieces” after a Commons Committee said the government has not made the case for the move, and criticised the worrying lack of transparency over Lord Mandelson’s proposals. More: continued here
Fortune Royal Mail (LON:RMG) Price Target Raised to GBX 330The Ledger GazetteRoyal Mail logo Royal Mail (LON:RMG) had its price target lifted by investment analysts at Jefferies Group from GBX 320 ($4.29) to GBX 330 ($4.42) in a research report issued to clients and investors on Friday, November 17th, Marketbeat.com reports …Only 4 Days Left…
European Commission approval of Royal Mail aid welcomedThe IndependentThe Government today welcomed European Commission approval of a state aid package for Royal Mail which cuts the company's pensions bills and bolsters restructuring costs with a debt reduction of more than one billion pounds. More: continued here