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[ad_1] London’s FTSE 250 was up 0.3% at 21,576.49 in afternoon trade on Thursday. Insurer Beazley was the standout gainer after it posted a better-than-expected surge in full-year pre-tax profit as three of its six divisions achieved double-digit growth. In the year to the end of December, pre-tax profit surged 250% to $267.7m, as the…
[ad_1] Shares of Royal Mail RMG, -8.34% dropped 8.4% as the company lowered its outlook for letter volumes in the next fiscal year by 1 percentage point to … [ad_2] Source link
[ad_1] LONDON (Reuters) – Royal Mail (RMG.L) warned on Thursday of a “challenging” year ahead, with labour tensions and sliding letter volumes … [ad_2] Source link
[ad_1] Good news from Royal Mail this morning, at least for ecommerce merchants. Whilst the CWU have said they are preparing another ballot for strike action, having been blocked from the last strikes in the run up to Christmas in the High Court, Royal Mail have declared they are fed up with waiting for the…
[ad_1] In mid-morning trading the FTSE 100 is up ten points, while Royal Mail shares slump following a miserable trading update. Bullish momentum continues to carry equities higher this morning, although strength has begun to wane as investors prepare for tomorrow’s non-farm payroll report. US markets are back at record highs, while the Dax seems…
[ad_1] The folk at Royal Mail must wince whenever Rico Back makes a delivery. There’s only ever bad news in the chief executive’s postbag. The latest warning is that a three-year turnaround plan is in danger of being blown off course. What’s more, the UK arm of the business is expected to plunge into the red…
[ad_1] Shares in 500-year-old Royal Mail fell as much as 9.7% in morning trade. IC TIP UPDATES: Emerging markets-focused asset manager Ashmore (ASHM) has raised its interim dividend from 4.55p to 4.8p per share, the first hike in distributions since 2014. Judging by the group’s 42 per cent year-on-year rise in pre-tax profit to £132m, that…
[ad_1] Royal Mail has seen shares plunge to record lows after warning its UK arm could be loss-making next year and it may miss turnaround targets amid the threat of strike action. Shares in the group tumbled as much as 11% at one stage after cautioning over a “challenging” year ahead as it remains locked…
[ad_1] One of the packages contained a stash of cannabis which was then seized by Cambridgeshire police. The force announced the capture on social media, adding: “Anyone expecting to receive some of the green stuff in the post may be disappointed!” A police spokeswoman added that officers are currently investigating. A parcel containing cannabis was…