The postal service made £9.3bn in sales last year, and pre-tax profits rose 61 per cent to £324m. Ministers want to offload the group to the public markets before the middle of next year.
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New Broker Ratings For Royal Mail (ROYMF)FTSE News11/20/2014 – Royal Mail had its “buy” rating reiterated by analysts at Berenberg Bank. They now have a USD 675 price target on the stock. The share price of Royal Mail (ROYMF) was up +0.00% during the last trading session, with a day high of 0.00. More: continued…
shropshirestar.com Royal Mail privatisation warningLiverpool Daily PostPostal workers have pledged to step up opposition to Royal Mail privatisation, warning that the sell-off would be a "disaster" for the industry. The Communication Workers Union called on Labour to make it clear that the party will renationalise the …Postal workers' union vows to step up resistance to…
Tens of millions of letters are sitting undelivered after rolling strikes brought chaos to the postal system. Some 20,000 Royal Mail workers are on strike, paralysing parts of the network. More: continued here
[ad_1] Retailers face £360 million of Christmas 2020 clothing and footwear returns, according to new research from Retail Economics in partnership with Penningtons Manches Cooper reveals. This comes as apparel retailers have grappled £4.3 billion of returns across 2020 as a whole. Online weighs on returns With the proportion of online clothing and footwear sales…
Lloyds selloff must learn from the Royal Mail privatisation fisacoMoneyWeekThe fiasco of last year's giveaway privatisation of Royal Mail is the catalyst for both the delay and the hardball tactics towards the City. Royal Mail's shares rose 38% on the first day of trading (the average first-day gain for all UK IPOs since 2008 …Second…
Investment Markets Who should deliver the mail?Director of Finance online, UK –2 hours agoThe more successful the private providers become, the weaker Royal Mail will be. But this is not a classic model of splitting market share: these new rivals …companies desert Royal MailTimes OnlineViewpoint: Last chance to save post officesBelfast TelegraphMail firm sorry for closureBradford Telegraph…