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 …
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Royal Mail has today become the latest major company to pull forward its net zero emissions target date, pledging to reach the goal by 2040, a full 10 years earlier than its previous target. The new target date provides the centrepiece of a wide-ranging update to the company’s environmental strategy, …
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By Joe Hoppe ITV PLC and Royal Mail PLC are set to drop out of the FTSE 100 index in the quarterly reshuffle and Centrica PLC, which owns British Gas, and Unite Group PLC, the student accommodation provider, are set to be promoted from the midcap FTSE 250 to London’s …
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By Joe Hoppe Royal Mail PLC is scheduled to report results for fiscal 2022 on Thursday. Here’s what you need to know: REVENUE FORECAST: The U.K. postal company is expected to report revenue for the year ended March 27 of around 12.83 billion pounds ($16.03 billion) according to a consensus …
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By Anthony O. Goriainoff Go-Ahead Group PLC said Wednesday that Sarah Mussenden has been appointed chief financial officer effective May 9, and that interim CFO Gordon Boyd will remain in the role until the end of March. The U.K. public-transport operator said Ms. Mussenden has extensive experience across a number …
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Britain’s aviation minister has heard how East Midlands Airport is forecasting another record-breaking year for air cargo thanks to online shopping and the current challenges of moving goods by sea. Robert Courts MP visited the Castle Donington cargo operation at the busiest time of year in the run-up to Christmas. …
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A successful trial of new routing software has enabled Royal Mail to use fewer vans to make parcel deliveries in Manchester, delivering significant reductions in emissions, congestion, and air pollution. The postal service today announced the results of a partnership with auto giant Ford to trial the motor company’s Mode:Link …
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By Kyle Morris A U.K. regulator said Thursday that it is proposing new protections for people sending and receiving parcels. The Office of Communications plans to improve how delivery firms handle complaints, introduce new rules to ensure the fair treatment of disabled people and introduce regulatory certainty to allow Royal …
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Plans for a second runway at East Midlands Airport have not been not ruled out, even though there is more than enough existing capacity. Politicians have been updated on the latest situation at the Castle Donington airport, on the Leicestershire/Derbyshire border – including plans for a freeport and further growth …
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The U.K.’s postal delivery service was outshining the FTSE 100 index on Thursday, after Royal Mail reported better-than-expected results, with home builders also rising, though energy companies were tugging at the downside as oil prices fell. The FTSE 100 index UKX, -0.48% dipped 0.2% to 7,629, losing around 1% for …
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