Royal Mail plc (OTCMKTS:ROYMY – Get Rating) reached a new 52-week low on Thursday after Barclays lowered their price target on the stock from GBX 400 to GBX 320. The stock traded as low as $6.44 and last traded at $6.72, with a volume of 1316 shares. The stock had …
Read More »
Post Office staff are set to strike in July in a dispute over pay with more than 100 branches across the UK affected. Members of the Communication Workers Union (CWU) who work at 114 Crown Post Offices, which are run directly by the Post Office, will walk out on 11 …
Read More »
PLANNING chiefs have approved proposals to upgrade part of a Southampton building with links to the man regarded as America’s first stand-up comedian. The city council has supported an application relating to the Grade II-listed Royal Mail House, a former hotel opposite what used to be Southampton Terminus station. David Hurlock, …
Read More »
Management of Ghana Post has visited the Royal Mail at its Mount Pleasant Mail Centre (“Mount Pleasant”), its largest sorting office in London, for knowledge sharing and a tour of its operations and sorting processes. The visit, which was facilitated by Grow, Unite and Build Africa (GUBA) Enterprise, led the …
Read More »
Managers at Royal Mail managers have voted “overwhelmingly” to strike in a dispute over job cuts and a redeployment programme. Following a number of significant recent strikes, including the three-day national rail strikes, and the barrister strike, as well as UK doctors threatening strike action if they do not receive …
Read More »
Royal Mail plc (OTCMKTS:ROYMY – Get Rating) reached a new 52-week low during mid-day trading on Thursday after Barclays lowered their price target on the stock from GBX 400 to GBX 320. The company traded as low as $6.44 and last traded at $6.72, with a volume of 1316 shares …
Read More »
The union said Royal Mail plans to cut 542 frontline delivery managers’ jobs alongside a redeployment programme to bring in worsening terms and conditions. The dispute involves around 2,400 managers across more than 1,000 delivery offices. Sign up to our daily newsletter Unite general secretary Sharon Graham Unite said it …
Read More »
R oyal Mail delivery offices across the country are deciding each day which streets do not receive letters after a “failure” in restructuring, MPs have heard. Concerns highlighted by Labour MP Barry Gardiner (Brent North) are to be raised with Business Secretary Kwasi Kwarteng. Mr Gardiner told the Commons: “Royal …
Read More »
Royal Mail plc (LON:RMG – Get Rating) hit a new 52-week low during mid-day trading on Thursday after Barclays lowered their price target on the stock from GBX 400 to GBX 320. Barclays currently has an overweight rating on the stock. Royal Mail traded as low as GBX 257.70 ($3.16) …
Read More »
Royal Mail customers are facing a summer of disruption after managers voted to walk out over threats to jobs, pay and working conditions. Staff say they are furious over plans to remove 542 frontline delivery managers, alongside a redeployment programme to bring in worsening terms and conditions. Workers’ union Unite …
Read More »