[ad_1] MARKET REPORT: New blow to Royal Mail as postal workers prepare for another wave of strikes sending shares crashing 3.9% By John Abiona For The Daily Mail Published: 16:57 EST, 12 December 2022 | Updated: 16:57 EST, 12 December 2022 Shares in the owner of Royal Mail fell again as postal workers prepare to…
[ad_1] Moonpig shares plunge after greeting cards group slashes revenue guidance as Royal Mail strikes hamper deliveries Moonpig now expects to post around £320m in revenue this financial year Further strikes by Royal Mail employees are expected on six days in December Hargreaves Lansdown analyst: ‘Ultimately, the market is nervous about Moonpig’ By Harry Wise…
[ad_1] Royal Mail facing Xmas axe by firms: Retailers rush to ensure key festive sales period not scuppered by strike action By Daily Mail City & Finance Reporter Published: 16:50 EST, 4 December 2022 | Updated: 17:06 EST, 4 December 2022 Royal Mail could see multiple firms stop using its parcel delivery service in the…
[ad_1] Royal Mail hints it is to hive off its profit-making international arm after strikes take their toll By John-Paul Ford Rojas For The Daily Mail Published: 17:21 EST, 17 November 2022 | Updated: 17:21 EST, 17 November 2022 Royal Mail has given its clearest indication that it could split from its profit-making international arm…
[ad_1] International Distributions Services swung to a first-half operating loss of £57million as strike disruption, rising costs and lower delivery volumes took their toll. At the same point a year ago Royal Mail’s parent company posted an operating profit of £404million. The former British postal monopoly, which recently changed the name of its holding company…
[ad_1] Special delivery: Daniel Kretinsky can raise his stake in Royal Mail above 25 per cent At the sporting events where they are spotted together, Daniel Kretinsky and Anna Kellnerova could easily blend into the crowd. But the bespectacled 47-yearold lawyer and his much younger showjumper girlfriend are one of the world’s richest couples, basking…
[ad_1] The Czech Sphinx with an eye for energy and football: Billionaire Daniel Kretinsky cleared to swoop on Royal Mail as national security probe is called off Kretinsky controls 22% of Royal Mail parent company IDS ‘No further action’ would be taken against him should he increase his stake By Calum Muirhead For The Daily…
[ad_1] Government clears Czech billionaire’s plan to increase his 22% stake in Royal Mail after national security probe Daniel Kretinsky looks set to be allowed to up his stake in Royal Mail In August, the Government said it would launch a national security probe Today, International Distributions Services – the new name for Royal Mail…
[ad_1] Profit warnings soar to highest level since the financial crisis: A total of 86 statements downgrading profit forecasts were issued over third quarter By Daily Mail City & Finance Reporter Published: 16:50 EDT, 23 October 2022 | Updated: 16:50 EDT, 23 October 2022 Profit warnings from UK companies have hit their highest level since…
[ad_1] Top firms embroiled in pension bailout storm: BP, Rolls-Royce and Royal Mail using funding strategy blamed for meltdown in bond market Schemes have LDIs designed to protect against interest rate/inflation spikes Widespread use sparked recent sell-off in Government bonds, known as gilts Full extent of reliance on LDIs by schemes only now beginning to…