Financial Times |
Royal Mail falls to post-IPO low on fears over labour costs
Financial Times Fears about trading and labour costs pushed Royal Mail to its lowest level since its privatisation. “Unsustainable earnings” mean Royal Mail“represents a value trap”, Credit Suisse told clients. Investors are too optimistic, both about pay inflation … Market report: Royal Mail shares slip as Credit Suisse raises letter revenue concerns Royal Mail share price has dropped five per cent: Here's why | City … Credit Suisse slashes Royal Mail PLC's price target with letters in … |
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