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Tag Archives: Category:All

Royal Mail workers call off strike action

Planned strikes by staff at Royal Mail over the next two weeks have been abandoned following a challenge by the firm. The Communication Workers Union, which represents much of Royal Mail’s staff, said on Monday that it had chosen to withdraw industrial action notices over the next two weeks on …

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Berenberg lowers target price on Royal Mail

Analysts at Berenberg lowered their target price on postal service operator Royal Mail from 575.0p to 480.0p on Thursday but reiterated their ‘buy’ rating on the stock. Berenberg said weaker parcel numbers and poor employee relations had hampered cost reductions for Royal Mail, leading the company to reduce its group …

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