Royal Mail went under offer to sell the slice of its former depot in Nine Elms – known as Plot A – last July, when Quadrant secured the deal ahead of rival bids from the likes of MiddleCap, among other investors. The transaction is Royal Mail’s latest sale on the …
Read More »Royal Mail rallies after JPMorgan upgrade
Royal Mail shares rallied on Friday after JPMorgan Cazenove upgraded its rating to ‘neutral’ from ‘underweight’. It said that while the UK turnaround is far from certain, stronger short-run trading has at least bought some time, and should prevent a build-up of net debt. “The CWU negotiations appear to be …
Read More »Broker tips: Rolls-Royce, Travis Perkins, Avast, Royal Mail
Analysts at Berenberg slashed their target price on aerospace and defence manufacturer Rolls-Royce from 890.0p to 270.0p on Friday but upped their rating on the firm from ‘hold’ to ‘buy’, stating nothing was priced in for a turnaround. Berenberg said the market appears to have given up on Rolls-Royce, with …
Read More »FTSE 250 movers: FirstGroup gives back some gains; Royal Mail rises
FirstGroup was in the red, having surged on Monday following a Sunday Telegraph report that its US operations have attracted interest from several major private equity firms. Housebuilder Vistry was weaker after it posted an 86% slump in first-half adjusted pre-tax profit as it was “significantly” by the Covid-19 lockdown …
Read More »Royal Mail lifts revenue target, sees loss on growing costs
The logo of Royal Mail is seen outside the Mount Pleasant Sorting Office as a delivery vehicle arrives, in London, Britain, June 25, 2020. REUTERS/John Sibley/Files (Reuters) – Royal Mail on Tuesday raised its revenue target for the current year, driven by a jump in online shopping parcel volumes, but …
Read More »Royal Mail : appointed by Moonpig to deliver majority of gifts and cards
Royal Mail has been appointed by Moonpig, the UK’s leading online card, gifting and flowers retailer, to deliver the majority of their gifts across the UK* via Royal Mail Tracked services**. Royal Mail has been delivering cards for Moonpig since the company’s foundation in 2000, but the new, expanded contract …
Read More »A double-handed violin bow? Philatelists spot an epic blunder on new Royal Mail…
24 August 2020, 12:54 | Updated: 24 August 2020, 13:12 Sherlock violin stamp. Picture: Royal Mail Newly-issued Royal Mail stamp features a rather uniquely constructed violin bow. Elementary my dear Watson… Stamp artwork and printing is subjected to incredibly high standards of design and scrutiny. However, a virtuosic blunder seems …
Read More »Jerome Christenson: Neither snow nor rain nor heat nor gloom of night…
In a dicey world, the post office is something we've come to trust. … Ben Franklin was put in charge of the Royal Mail in 1753, when the postal service … Source link
Read More »Cuts to postal service are not new to Canadians
The post office in Grenville, Québec. Photo: James Morgan Aug 16, 2020 — The United States Postal Service has been getting a lot of attention the past week, ever since Postmaster General Louis DeJoy embarked on a plan to slash the scope of operations and supposedly suppress the expedient circulation …
Read More »‘British Karen’ wields pipe during altercation with neighbor
A British woman armed with a metal pipe tried to open the door of a Royal Mail van when a man approached her and demanded she back off, video shows. The 48-second clip, posted Wednesday on Reddit, shows a woman dubbed “British Karen” casually strolling around a Royal Mail van …
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