Tag Archives: ftse 250

It’s FTSE reshuffle time again, and a handful of well-known companies are due to be promoted and demoted. British Gas owner Centrica (CNA) and student property firm Unite (UTG) are set to enter the FTSE 100, while broadcaster ITV (ITV) and Royal Mail (RMG) are set to be pushed down …

I’m struggling to see how postal service provider Royal Mail (LSE: RMG) can deliver for shareholders in the foreseeable future.  As my Foolish colleague Alan Oscroft reported a few days ago, CEO Rico Back’s plan for transforming the business is progressing slower than expected. In the meantime, letter volumes continue …