Reuters UK Royal Mail reversal puts FTSE under pressureReuters UKEDINBURGH (Reuters) – FTSE snapped a four-day winning streak on Wednesday as heavyweight mining stocks were hit by a fall in iron ore prices and disappointing trading updates from Royal Mail and testing firm Intertek. Royal Mail Group reversed slight …Royal Mail …
Read More »Royal Mail shares fall sharply
Royal Mail warns that rival firms are endangering its government-mandated Universal Service, which guarantees an affordable postal service nationwide. More: continued here
Read More »Royal Mail halves expected growth rate as profits fall 21% – ITV News
ITV News Royal Mail halves expected growth rate as profits fall 21%ITV NewsRoyal Mail halves expected growth rate as profits fall 21%. The Royal Mail has halved the expected growth rate of its UK parcels market to 1-2% due to fierce competition which helped send first-half operating profit down 21%. …
Read More »The Spectator at war: Stamp of disapproval – Spectator.co.uk (blog)
Spectator.co.uk (blog) The Spectator at war: Stamp of disapprovalSpectator.co.uk (blog)If nations obtain the Governments that they deserve, it may be hoped that they do not always deserve their postage-stamps. If that were so, we should be a less deserving nation than we were in the twenty or thirty years which …
Read More »Royal Mail: Give privatisation a chance — scrap the universal service – Chris … – Evening Standard
Royal Mail: Give privatisation a chance — scrap the universal service – Chris …Evening StandardRoyal Mail management had long been calling for its relaxation and even the trade union wanted it redrawn: Dave Ward from the Communications Workers Union accused Cable of being “off the pace” on the reality of …
Read More »Jose Canseco wants to sell his detached middle finger, gun on eBay – FOXSports.com
CBS Local Jose Canseco wants to sell his detached middle finger, gun on eBayFOXSports.comThe retired slugger apparently needs a few ways to make an extra buck, as he expressed desires Monday to auction off his severed finger on eBay. I will soon put the finger that fell off in the …
Read More »Royal Mail and miners weigh on FTSE 100 but Severn Trent bucks trend – The Guardian
The Guardian Royal Mail and miners weigh on FTSE 100 but Severn Trent bucks trendThe GuardianLeading shares have slipped lower after four days of rises, with mining shares and Royal Mail weighing on the index. But Severn Trent is bucking the trend, up 32p at £20.55 after HSBC moved its …
Read More »Royal Mail cuts parcels outlook as profit falls – RTE.ie
Royal Mail cuts parcels outlook as profit fallsRTE.ieBritain's Royal Mail more than halved the expected growth rate of its UK parcels market for the next two years, due to fierce competition which helped send first-half operating profit down 21%. Parcels make up half of Royal Mail's turnover and its … …
Read More »Updates from Royal Mail, Carillion and Utility Warehouse – AOL Money UK
AOL Money UK Updates from Royal Mail, Carillion and Utility WarehouseAOL Money UKWe start with Royal Mail and a 21% slump in profits – from £233m a year ago to £218m for the six months up to September. UK costs were flat on an underlying basis and Royal Mail says …
Read More »Royal Mail Profits Plunge 21% as it Warns of Amazon Offensive
Royal Mail has reported a profits drop of 21% for the first half of the year ending in September amid loss of its share of the growing online parcel delivery market. More: continued here
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