The Government is to begin sounding out City investors about their appetite to buy shares in Royal Mail ahead of a potential flotation of the postal service.I have learned that ministers and the Shareholder …
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Labour Steps Up Pressure On Royal Mail FeesYahoo Finance UK"Despite launching an inquiry into the failings of the Royal Mail fire sale, and seeking to shift blame for their mistakes onto advisers, ministers have still not confirmed whether or not the banks advising the sale will be receiving discretionary fees … More: continued here
[ad_1] At the time of writing, the Royal Mail (LSE: RMG) share price is currently dealing at a price-to-book (P/B) ratio of just 0.5. A P/B ratio of less than one means the company is worth less than the current total value of its shareholder equity, or assets minus liabilities. As such, it looks as if…
By Mike Pentelow Workers have voted to strike against the closure of the Royal Mail delivery and distribution office in Rathbone Place, which they fear would worsen local deliveries and hit jobs. More: continued here
[ad_1] Royal Mail (LON:RMG) had its price objective reduced by investment analysts at Goldman Sachs Group from GBX 320 ($4.21) to GBX 280 ($3.68) in a research note issued on Friday, ThisIsMoney.Co.Uk reports. The firm presently has a “buy” rating on the stock. Goldman Sachs Group’s price objective points to a potential upside of 54.82%…
How Royal Mail bosses have failed to deliver …Belfast TelegraphAnd, yes, Royal Mail may very well be struggling under pension commitments amounting to billions, but what the hell … The Royal Mail made £321m last year. … More: continued here
Birmingham Mail Urgent warning over 'fake' Royal Mail' missed delivery cardsBirmingham MailThe cards which lack the Royal Mail logo look almost identical to the 'something for you' slips that are posted through homes when a delivery can't be made. To organise a redelivery the cards urge recipients to call a 0208 number, which is not…