Royal Mail’s 6000th EV hits the road

Royal Mail’s 6,000th electric vehicle (EV) has hit the streets, maintaining the company’s position as one of the largest electric delivery fleets in the UK. The 6,000th zero-emission version of the company’s famous red vans has been deployed at Manchester Mail Centre, adding to 15 others already at the site used for …

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Inflation data boosts housebuilders and banks, Currys brings back dividends, new twist for Loungers’ bid, strong Christmas for pubs and Royal Mail’s owner and Frontier Developments rebounds

“A surprise pullback in the rate of inflation has given joy to investors,” says Russ Mould, Investment Director at AJ Bell. “It strengthens the argument for the Bank of England to continue cutting interest rates and that’s fired up shares in housebuilders in the hope that mortgage rates will go …

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Royal Mail parcel deliveries Christmas « Euro Weekly News

Royal Mail’s owner International Distribution Services (IDS) said on it was on track to return to profit, thanks to Christmas parcel deliveries. Tracked parcels sent over the holiday season increased 19 per cent to 188 million while revenue rose by 2.4 per cent during the last quarter. In contrast, the …

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Tracked deliveries and parcels boost Royal Mail performance

The takeover bid for Royal Mail’s parent group has cleared two more regulatory hurdles, and trading at the business continues to improve. EP UK Bidco’s £3.6bn offer for International Distribution Services (IDS) has now gained merger control clearance from the European Commission and from the USA Committee on Foreign Investment. …

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