Where next for Royal Mail shares? Arguably, 2022’s share price collapse is a fair reflection of Royal Mail losing market share to nimbler competitors operating without the legal requirement for universal delivery, falling letter use, and reducing e-commerce parcel demand as the pandemic fades. But its biggest problem is far …
Read More »Pippa Middleton issues sweet nod to Royal Family with new baby name
Pippa Middleton has issued a sweet nod to the Royal Family with the name of her new baby. Pippa recently gave birth and the name has now been reported. According to the Daily Mail, Pippa and James have named the new arrival Rose. A source claimed: “Rose has been the …
Read More »Royal Mail Statutory Pension Scheme deficit increases; net expenditure continues to fall
The Royal Mail Statutory Pension Scheme (RMSPS) deficit increased to £50,876m as at 31 March 2022, up from £48,614 to in March 2021, according to the scheme’s latest Annual Report and Accounts. The RMSPS also recorded a net actuarial loss of £3.1bn over the past year, driven by the higher …
Read More »Royal Mail (LON:RMG) Receives Buy Rating from Citigroup
Citigroup reissued their buy rating on shares of Royal Mail (LON:RMG – Get Rating) in a report published on Thursday, Marketbeat reports. The firm currently has a GBX 410 ($4.90) target price on the stock. RMG has been the subject of a number of other reports. Barclays reissued an overweight …
Read More »Philips is running out of chances to reassure
Philips CEO Frans van Houten presents financial results in Amsterdam, Netherlands, January 29, 2019. REUTERS/Eva Plevier Register now for FREE unlimited access to Reuters.com Register LONDON, July 25 (Reuters Breakingviews) – Philips’ (PHG.AS) problems are mounting faster than Chief Executive Frans van Houten can treat them. Six months after seeing …
Read More »British travellers are more ‘laid back’ when it comes to packing and planning than American vacationers
Research of 2,000 holidaymakers from the UK and US found Americans are more forgetful – as 64 per cent have misplaced something critical. And many American vacationers claim they ‘wouldn’t dream’ of packing the night before – 63 per cent admit to doing exactly that, compared to 57 per cent …
Read More »Warning almost EVERY job sector could soon be on strike as UK faces ‘worst ever crisis’
Strike action could take place in almost every job sector in the coming months as the nation continues to be gripped by the cost of living crisis, a leading academic has warned. Mass walk-outs have already been staged by railway workers, bus drivers, postal workers and barristers in Greater Manchester …
Read More »What you need to know about the Liverpool Arriva bus strikes
More than 1,800 Arriva workers have walked out across Merseyside, Greater Manchester, Lancashire and Cheshire, bringing a halt to bus services across the North West. Here is all the latest information. Sign up to our LiverpoolWorld Today newsletter There have been a number of strikes over issues such as pay …
Read More »Postman sacked for taking 131 parcels home wins unfair dismissal claim
A Royal Mail postman who took more than 130 parcels home with him overnight has won an unfair dismissal case. Walacy Ramos was fired by the postal service after he took undelivered mail home without permission and kept the post in his living room. Mr Ramos explained that he was …
Read More »3 cheap income shares to buy right now
Image source: Getty Images. It’s easy to pick income shares right now. Just look at the biggest yields in the FTSE 100, pick three from different sectors, and buy Rio Tinto, Persimmon, and Imperial Brands. Job done. Well, that approach might be simple. But it’s not without risks, and it …
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