Tag Archives: for

The 507-year-old Royal Mail, which was privatised in 2013, is in the middle of a crisis after losing millions of pounds due to staff strikes in a long-running row over pay and conditions. The company now expects an adjusted operating loss near the mid-point of its previous forecast range of …

Speaking to the BBC’s Sunday with Laura Kuenssberg show, Baldock confirmed a report by the Telegraph newspaper that his company would not use the post and parcel company as a temporary measure. Asked whether the report was true, Baldock said: “For now, yes. Obviously our first responsibility is to the …

Royal Mail is rolling out a new feature across the UK, offering photos taken by posties at the delivery address as confirmation of delivery for its customers using Royal Mail Tracked services*. The feature will give Royal Mail’s sending and receiving customers increased visibility of how and where mail is …

With just over six weeks to go until Christmas, Royal Mail is once again lending a helping hand to one of its most special customers, Father Christmas. For 58 years, Royal Mail has been helping to make Christmas wishes come true by sending children’s letters to the North Pole. Now …

The Hut Group had earlier predicted a 20% to 25% surge in its medium-term revenue before announcing last month that it would buy Dermstore, an online retailer owned by Target Corp, for $350 million to bolster the presence of its beauty brands in the U.S. market. The British retailer said …

Jordan Dufee Senior Analyst Strategy published on : 01/06/2021 | 02:49 long trade Live Entry price : 360.1GBXTarget : 472.6GBXStop-loss : 295GBX Potential : 31.24% The underlying tendency is to the upside for shares in Royal Mail plc and the timing is opportune to get back into the stock. A comeback of the upward dynamic can be anticipated.Investors …

Royal Mail and the Communication Workers Union (CWU) had been locked in a dispute over a 1.8 billion pound ($2.42 billion) restructuring plan, proposed by its former chief executive officer, Rico Back. The resistance led to Back resigning in May. “This agreement marks the end of our two year dispute …

The notice follows Royal Mail’s proposed 6% pay increase, part of a three-year deal with the CWU last week, in a bid to appease the union following threats of another strike ballot. However, hopes for a settlement faded when CWU said last week that it could call for a strike …