U.K. stocks fell Wednesday, as the FTSE 100 Index UKX, -0.08% closed at 7,593.00. Of the FTSE 100 constituents, air freight company Royal Mail PLC RMG, -5.17% saw the largest decrease Wednesday, as shares shed 5.17% Shares of investment advisors firms Schroders PLC SDR, -3.23% abrdn PLC ABDN, -2.48% dropped …
Read More »Royal Mail shares slump on lowered mail volume guidance
Shares of Royal Mail RMG, -8.34% dropped 8.4% as the company lowered its outlook for letter volumes in the next fiscal year by 1 percentage point to … Source link
Read More »Government-Backed Review Proposes Overhaul of U.K. Audit Sector
A review commissioned by the U.K. government is proposing far-reaching changes to the country’s audit sector amid concerns about conflicts of interest, the quality of audits and the structure of the industry. The 135-page report by Donald Brydon —the former chairman of various British companies including London Stock Exchange Group …
Read More »U.K. Court of Appeal upholds injunction against Royal Mail strike ballot
Royal Mail PLC said Thursday that the Communication Workers Union’s request to the U.K. Court of Appeal to overturn an interim injunction was unsuccessful. Earlier this month, the High Court ruled a postal ballot of Royal Mail …
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