A woman wearing a face mask leaves a Sainsbury’s supermarket, amid the coronavirus disease (COVID-19) outbreak, in London, Britain January 12, 2021. LONDON (Reuters Breakingviews) – Daniel Kretinsky seems to be hoping that supermarkets’ pandemic boost will endure. The Czech billionaire has raised his stake in UK grocer J Sainsbury …
Read More »Royal Mail lifts profit forecast as advertising, business mail recovers
FILE PHOTO: A traditional Royal Mail red post box is seen near autumn foliage in London, Britain, October 21, 2020. REUTERS/Toby Melville (Reuters) – Britain’s Royal Mail raised its annual profit forecast on Wednesday, citing stronger-than-expected advertising, business and stamped mail volumes this year. The postal firm last month forecast …
Read More »Royal Mail says union votes in favour of pay, operational changes
Feb 3 (Reuters) – Britain’s Royal Mail said on Wednesday 91.5% of the eligible members of its largest union had voted in favour of a framework agreement over pay and operational changes. The company said in December it had reached a deal with the Communication Workers Union over the changes, …
Read More »Britain’s Royal Mail to name Simon Thompson as next CEO: Sky News
FILE PHOTO: The logo of Royal Mail is seen outside the Mount Pleasant Sorting Office as a delivery vehicle arrives, in London, Britain, June 25, 2020. REUTERS/John Sibley (Reuters) – Royal Mail Plc will name board member Simon Thompson as its next chief executive in the coming days, Sky News …
Read More »UK Stocks-Factors to watch on Dec 22
ROYAL MAIL: Royal Mail has halted deliveries to several countries as a result of their port closures and travel tie cuts with Britain following a new … Source link
Read More »UK Stocks-Factors to watch on Dec 21
ROYAL MAIL: Royal Mail Plc said on Friday it has reached an in-principle agreement with its largest labour union, the Communication Workers Union … Source link
Read More »Holiday retail workers seek “temporary lifeline” in warehouse jobs, if they can find one
(Reuters) – This time of year, hundreds of thousands of seasonal retail workers across North America and Europe would usually be wrapping gifts, stirring hot chocolates, tidying Christmas displays or assisting the flurry of last-minute shoppers. FILE PHOTO: A worker gathers items for delivery from the warehouse floor at Amazon’s …
Read More »UPDATE 2-Royal Mail raises revenue estimate as online shopping surges
* Royal Mail raises annual revenue estimate * Shares up 7% at near two-year high * H1 above initial expectations in many areas (Adds background on restructuring, labour dispute, shares) Nov 19 (Reuters) – Royal Mail raised its full-year revenue outlook on Thursday, as it benefited from a surge in …
Read More »UPDATE 1-UK Stocks-Factors to watch on Nov 19
ROYAL MAIL: Royal Mail reported a slump in first-half pre-tax profit as losses in its traditional letters business and coronavirus-related costs ate into a … Source link
Read More »PRESS DIGEST-British Business – Oct. 26
Oct 26 (Reuters) – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times – UK special forces troopers stormed an oil tanker off the Isle of Wight on Sunday night and …
Read More »