Credit Suisse downgraded Royal Mail on Thursday to ‘underperform’ from ‘neutral’ and cut the price target to 345p from 558.11p, citing 10% potential downside. The bank pointed to downside risk to consensus parcel volume expectations of +3% in 2022-23 as it believes only a partial normalisation of online shopping habits …
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Here’s a useful tip. Go to the Royal Mail websiteand you can ask your postman to collect letters or parcels from your home at acost of 60p per item. You pay for postage online, print a label and book acollection for the following day. Granted, it’s an extravagant way to …
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Clive Greenwood who runs the Ribble Valley Music Festival with his wife Barbara thought the letter was a prank, but it turned out to be truly a Royal Mail. It expressed the interest The Queen has in the fund-raising Ribble Valley Music Festival. Clive said: “The letter and card came …
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Some of the included are a 1940’s Television Licensing detector van, an old Royal Mail van in 1908, the original Citizens Advice van and a beautifully shaped W. Pink van, they were a well known Portsmouth grocery firm. An ambulance driver gets directions in a requisitioned laundry van at Cosham …
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By David Hartwig Royal Mail, the post office of Great Britain, is commemorating the 150th anniversary of the Football Association (FA) Challenge Cup with a March 8 issue of 10 stamps. Six of the stamps celebrate themes that make this soccer cup such a prestigious competition. The other four stamps, …
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Headwinds including disappointing package delivery growth and impending labour costs add to Liberum’s downgrade yesterday Royal Mail PLC (LSE:RMG) has received its second sell note in two days, as Credit Suisse downgraded the postage company to Underperform and downgraded its price target by more than a third. The broker’s analyst …
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A drug dealer was caught after Royal Mail employees smelt a parcel at their depot and informed police. The package was addressed to Daniel Lloyd Taylor, 25, and passed through a sorting office on its way to his home. However, when postal workers raised the alarm, officers raided his house …
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Royal Mail apologised for losing the delivery. Miss Dawe said she had sent the parcel from a Birmingham post office in January. Source link
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Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news 1. Nine FTSE companies a safe bet in war times However, the analysts cautioned that given the invasion had no visible end in sight and with the multiple potential risks, …
Read More »The latest batch of corporate results may have disappointed investors yesterday, but a few shone through amid the gloom — not least Coats Group, which shot to the top of the mid-cap index thanks to a robust set of annual results. The maker of industrial threads unveiled a 75 per …
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