Royal Mail says its losing one million pounds a day

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Berenberg lowers target price on Royal Mail

Analysts at Berenberg lowered their target price on postal service operator Royal Mail from 575.0p to 480.0p on Thursday but reiterated their ‘buy’ rating on the stock. Berenberg said weaker parcel numbers and poor employee relations had hampered cost reductions for Royal Mail, leading the company to reduce its group …

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Royal Mail calls for tracking to be included in USO

21 July 2022 Transport / Logistics Services Royal Mail has asked regulator Ofcom to reconsider its decision not to allow it to track packages under the Universal Service Obligation (USO). Ofcom had ruled that it could not allow tracking of parcels under USO as it would hurt competition. At the same …

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