Open this photo in gallery: A Royal Mail worker loads vans at a delivery office in Tonbridge, Britain, on May 29.Chris J Ratcliffe/Reuters It was established by King Henry VIII to send messages to members of the royal court, and now, for the first time in its 508-year history, Britain’s …
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It is thirteen years since pensions-fund expert John Ralfe described Royal Mail as a hedge fund that delivers letters. That was before privatisation and was Ralfe’s warning about Royal Mail’s secret decision to invest £5.13 billion of workers’ pension funds into the futures market—a high-stakes gamble that risked financial ruin for …
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Photo by Oli Scarff/Getty Images Getty Images International Distributions Services — or the stock formerly known as Royal Mail — slashed its earnings forecasts for the year on Friday. This sent shares in the business tumbling 12% to 184.2p. During the six months to September the company made an adjusted …
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When will Royal Mail release FY2022 earnings? Royal Mail is scheduled to publish full year results covering the 12 months to the end of March on the morning of Thursday May 19. Royal Mail FY earnings preview Royal Mail shares have lost around one-third in value since the start …
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British postal workers to hold strike ballot to defend jobs and conditions By Steve James 20 September 2019 Some 110,000 British postal workers at Royal Mail are balloting between September 24 and October 15 on industrial action in defence of jobs and working conditions. The vote, official notice of …
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