R oyal Mail is set to deliver a bonus to posties and other shareholders after half-year results today included a £200 million special dividend. Other beneficiaries will include multibillionaire Daniel Kretinsky, known as the Czech Sphinx, who has built a 15% stake in the company. Royal Mail’s latest figures show …
Read More »Boost for shareholders as parcels help Royal Mail to £311m profit | Royal Mail
Royal Mail is handing £400m to shareholders after its parcel delivery business benefited from the greater shift to online spending during the pandemic. The accelerated trend to more parcels, which Royal Mail said was a permanent shift, helped it to a £311m pre-tax profit in the six months to 26 …
Read More »Does Royal Mail deliver on Saturday and Sunday?
WE all rely on Royal Mail to keep the nation connected. But do posties deliver our letters and parcels at the weekend? 1 Royal Mail is trialling a seven-day-a-week serviceCredit: PA Does Royal Mail deliver on a Saturday? Royal Mail does make deliveries on Saturdays – but it depends on …
Read More »‘We’ll be fine’: Royal Mail boss reassures customers over Christmas deliveries
The boss of Royal Mail has reassured customers that the ongoing HGV driver crisis and supply chain issues will not impact deliveries for Christmas. Simon Thompson told the PA news agency: “If you have a look at posting dates for Christmas this year, we haven’t changed them. So it’s our …
Read More »Special dividend delivers for Royal Mail share price
The Royal Mail share price has struggled since its Q1 update back in July saw group revenue rise by 12.5% compared to last year, and by 20.5% compared to 2019. While on the face of it these numbers were solid, the parcels division saw a 13% slowdown in volumes as …
Read More »Royal Mail to return £400m to shareholders after pandemic boom
Thursday 18 November 2021 7:43 am Royal Mail have said it would return £400m to shareholders after the postal company forecast higher annual earnings in its UK business following a strong first half. The company, one of the world’s oldest postal firms, reported a surge in group adjusted operating profit …
Read More »European markets digest latest euro zone, UK inflation data
LONDON — European stocks are expected to open around the flatline on Thursday amid market concerns around the region’s inflation outlook. The U.K.’s FTSE index is seen opening 6 points lower at 7,281, Germany’s DAX 2 points lower at 16,248, France’s CAC 40 down 3 points at 7,155 and Italy’s FTSE …
Read More »EMEA Morning Briefing: Inflation, Growth Nerves to Hold Back Shares
MARKET WRAPS Watch For: Eurozone New Passenger Car Registrations; OECD Quarterly National Accounts; speech by Christine Lagarde; updates from ThyssenKrupp, Banco Bilbao Vizcaya, TotalEnergies, Enel, Zurich Insurance, National Grid, Investec, Halma, Royal Mail, Pershing Square, Fuller Smith & Turner, Micro Focus, SSAB, National Grid, CNH Industrial Opening Call: Continued worries …
Read More »Chard School pupil makes it to finals of Royal Mail stamp competition
A PUPIL from Chard School has made it to the finals of the Heroes Stamp Design Competition. The competition, organised by Royal Mail, is to honour the key workers during the coronavirus pandemic. Royal Mail will produce eight stamps to honour the heroes, with the designs created by school children. …
Read More »Moorland Post Office in Kirkby closes after decades of service
A ‘well-loved’ Post Office has closed for the final time after decades in the community. Moorland Stores and Post Office, in School Road, Kirkby, officially closed at the weekend; however, the shop remains open as usual. The post office has been run by Elaine Varley for 20 years and has …
Read More »