Royal Mail surged on Wednesday as JPMorgan Cazenove upgraded the stock to ‘overweight’ from ‘neutral’ and lifted the price target to 374.0p from 253.0p, saying it sees a potential strong improvement in trading over the next 18 months, due in part to an improved revenue outlook. “In our view, this …
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Trading has been volatile today in the wake of the US Presidential election, and the race to the White House is extremely tight. Europe Tensions surrounding the situation have faded, especially now that President Trump has been less aggressive in relation to how the postal voting situation could play out. …
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Prince William has made his first appearance since his secret Covid-19 battle was revealed as he delivered a speech at a Fire Fighters Charity award ceremony tonight. The Duke of Cambridge, 39, appeared relaxed in a pre-recorded video message shared at virtual Spirit of Fire Awards. The father-of-three spoke of …
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HealthCoronavirus A number of people in Yorkshire have reported opening the Government’s Test and Trace phone app to discover they are supposed to be self-isolating but never received a notification. Wednesday, 4th November 2020, 5:30 pm Updated Wednesday, 4th November 2020, 5:36 pm Many people have reported opening the app …
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London stocks finished higher with investors seemingly brushing off the as yet inconclusive US election results, although a ‘clean sweep’ of the White House and Congress by Democrats was now off the table. The FTSE 100 rose 1.67% to 5,883.26 and by the end of the session, cyclical areas of …
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European shares recovered from early morning drop to trade sharply higher, despite no clear outcome in the US presidential election as of yet and weak industry data across the euro zone suggesting a double dip recession. With the result of the White House vote still hanging in the balance and …
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Headquarters London | Equity partners 94Headcount 2,600 | Turnover £258 million DAC Beachcroft is in the business of saving Christmas. Without its lawyers, children might not have been able to send a letter to Santa at the North Pole last year, never mind receive presents in the post. In November …
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Brooke Road sorting office. Photograph: Google. Campaigners are pledging to fight the impending closure of a much-loved delivery office in Clapton, accusing Royal Mail executives of an “utter lack of care” in making the decision. Residents in E5 received confirmation this month that, starting on Monday 16 November, they would …
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Investors were given another shot of good news from Astrazeneca on the eve of its third-quarter figures. A definitive result from in-depth trials of its potential Covid-19 vaccine could be available by the end of this year, says the trial’s chief investigator Andrew Pollard. His comments come days after Britain’s …
Read More »Royal Mail shares hit their highest level in 18 months after analysts at JP Morgan said that this year’s profits would be handsomely above City predictions. For the 12 months to the end of March, the consensus in the Square Mile is that the privatised postal group will turn an …
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