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 …
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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 …
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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 …
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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) …
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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 …
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PARCEL delivery chaos beckons, Unite has warned, after its members in Royal Mail voted to strike over more job cuts. The union slammed the privatised company on Wednesday evening, saying it was “awash with cash” while trying to axe 542 front-line managerial positions on top of the 420 jobs already lost. About 2,400 managers …
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The management of the Ghana Post has visited the Royal Mail at its Mount Pleasant Mail Centre, its largest sorting office in London, for knowledge sharing and a tour of its operations and sorting processes. The visit, facilitated by Grow, Unite and Build Africa (GUBA) Enterprise, led the Ghana Post …
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Image source: Getty Images Sometimes as an investor, I have a view that disagrees with the broader market. In that case, I always try and double-check my thinking, in case I’ve missed something obvious. With Royal Mail (LSE:RMG), I feel I need to do this. Royal Mail shares are down …
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Royal 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 Mail …
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A Labour MP has said that Royal Mail delivery offices across the country are deciding each day which streets will not receive letters. Barry Gardiner (MP for Brent North) told the House of Commons it was due to a “failure” in restructuring. Mr Gardiner told MPs: “Royal Mail delivery offices …
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