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Royal Mail leads FTSE 100 lower

The company, whose parcels operation accounts for over half of group sales, cut its forecast for the annual rate of growth in the UK parcels market from a medium term target of 4% to as little as 1% over the next two years.

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Palletways Livingston has appointed Royal Mail veteran Mark Moynes to the position of sales manager.

Moynes has more than 30 years of experience in logistics and transport, progressing from trainee …

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