(Reuters) – Credit Suisse downgraded Royal Mail on Thursday as it sees risks to parcel volume growth and margins due to easing of movement restrictions, a sharp decline in COVID-19 cases and rising labour costs as the centuries-old postal company struggles with inflation. Credit Suisse analyst Hannah Burrows cut Royal …
Read More »Credit Suisse puts UK’s Royal Mail back to lowest rating on risks to volume growth
The logo of Royal Mail is seen outside the Mount Pleasant Sorting Office as a delivery vehicle arrives, in London, Britain, June 25, 2020. REUTERS/John Sibley Register now for FREE unlimited access to Reuters.com Register March 3 (Reuters) – Credit Suisse downgraded Royal Mail (RMG.L) on Thursday as it sees …
Read More »Special postboxes celebrating authors will mark World Book Day
Royal Mail is unveiling special postboxes celebrating authors and illustrators to mark World Book Day on Thursday. The postboxes feature lines from books by authors including Greg James and Chris Smith, Nadiya Hussain, Dara McAnulty and Martin Waddell, with artwork from the likes of Harry Potter cover illustrator Jonny Duddle. …
Read More »World Book Day: Royal Mail unveil special postboxes and new post stamps
Royal Mail has unveiled special postboxes that can be seen across the UK to mark World Book Day. The postboxes feature lines from books by authors including Greg James and Chris Smith, Nadiya Hussain, Dara McAnulty and Martin Waddell, with artwork from the likes of Harry Potter cover illustrator Jonny …
Read More »Royal Mail PLC downgraded to ‘sell’ on pay worries
Royal Mail PLC (LSE:RMG) has been downgraded to a ‘sell’ by broker Liberum, which sees trouble ahead in the next round of pay talks with the Communications Union (CWU). Liberum notes that the CWU, which speaks for the majority of Royal Mail’s staff, has submitted a pay claim that the …
Read More »Mon Bank residents in Newport campaign to save postman Rob
RESIDENTS of Newport’s Mon Bank estate have launched a campaign to stop their beloved postman from being reassigned to another area. More than 200 people there have signed a petition calling on Royal Mail to rethink their plans to put postie Rob Whitehead on another round. Royal Mail told the …
Read More »FTSE 100 Live 02 March: Oil price at 8-year high above $110 despite International Energy Agency release of supplies
1646239970 FTSE closes higher as stocks whipsaw Volatility continues is stock markets: the FTSE 100 had closed a chunky 1.5% higher at 7439 but is still just back where it was on Tuesday morning and share prices swing wildly. Polymetal International is a prime example. The Russian gold miner has …
Read More »Special postboxes celebrating authors will mark World Book Day
Royal Mail is unveiling special postboxes celebrating authors and illustrators to mark World Book Day on Thursday. he postboxes feature lines from books by authors including Greg James and Chris Smith, Nadiya Hussain, Dara McAnulty and Martin Waddell, with artwork from the likes of Harry Potter cover illustrator Jonny Duddle. …
Read More »CWU union delivers bad news for bosses at Royal Mail | Business
Analysts at Liberum posted a “sell” note into Royal Mail’s letterbox yesterday sending the delivery group towards the bottom end of the index of top-tier stocks. As they downgraded Royal Mail from their previous “hold” and revised their price target for the shares down to 355p, Liberum warned of a …
Read More »Royal Mail Fuel Surcharge hike
Royal Mail have announced that from Monday the 14th of March they will be increasing the fuel surcharge from 4.0% to 6.0% for all their UK domestic contract services. There is no change to the fuel surcharge for Royal Mail International services. Royal Mail Fuel Surcharges are applicable to the …
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