London’s FTSE 250 was lower by 0.38% at 20,733.26 in afternoon trade on Monday, with NewRiver leading the index downward. The real estate investment trust fell after it announced it had completed its acquisition of Sprucefield Retail Park in Lisburn, Northern Ireland, from Intu. Trainline dropped following the news that …
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Royal Mail staff voted overwhelmingly in favour of going on their first strike in a decade. Over 97% of votes by members of the Communication Workers Union backed a strike. The turnout was 76% (around 110,000 UK postal workers). The result was the largest yes vote for national industrial action …
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Royal Mail shares were under the cosh on Tuesday as JPMorgan Cazenove said there is “potential for material near-term volatility and uncertainty” in the eventual outcome of the company’s dispute with the Communications Workers Union (CWU). “Since RMG’s May 2019 FY results and strategy update we note a material and …
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Royal Mail said on Thursday that its first-quarter performance was in line with its expectations as it backed its outlook for 2019-20. In a brief statement ahead of its annual general meeting, the company said: “All other targets and ambitions as set out in our financial results for the full …
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