Ocado Shares Rise Following £200m Settlement with Autostore

Online supermarket Ocado saw a surge in its share price on the FTSE 100 index, as the City remained positive about its future prospects. Investment bank Jefferies raised its target price on Ocado stock from 550p to 750p, citing the company’s £200m settlement with Norwegian robotics firm Autostore. The settlement …

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GCR Live: Competition Litigation 2023

Liam Colley will join a panel of competition attorneys and economists to discuss the BT and Royal Mail trucks judgment at this London conference. Mr Colley will participate in a panel titled, ‘Economic expert evidence – pleasing no one? Lessons from BT & Royal Mail Trucks Judgment’ at this annual …

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Royal Mail’s owner finally given a stamp of approval

After a torrid 12 months for International Distributions Services marred by a bitter industrial dispute and ballooning losses, analysts at one of the City’s top stockbrokers believe investors should start buying shares in the owner of Royal Mail. Shares in the FTSE 250 group, which also owns GLS, the overseas …

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ArrowXL inks strategic partnership deal with Scurri

  Two-person delivery specialist ArrowXL and delivery management platform Scurri have forged a strategic partnership which will allow retailers on the Scurri platform to deliver bulky and larger size online orders across the country. ArrowXL makes over two million deliveries on average each year, providing delivery coverage to 98% of …

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Royal Mail workers speak in run-up to next Postal Workers Rank-and-File Committee meeting: “It is good to see opposition to this sellout.”

In the run-up to the next Postal Workers Rank-and-File Committee (PWRFC) meeting this Sunday, workers at Royal Mail have continued to make their opposition felt to the betrayal inflicted by the Communication Workers Union (CWU) against their year-long struggle. They recounted how the Business Recovery, Transformation and Growth (BRTG) Agreement …

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