Tag Archives: Royal Mail

Royal Mail plc (OTCMKTS:ROYMY – Get Rating) reached a new 52-week low during mid-day trading on Thursday after Barclays lowered their price target on the stock from GBX 400 to GBX 320. The company traded as low as $6.44 and last traded at $6.72, with a volume of 1316 shares …

R oyal Mail delivery offices across the country are deciding each day which streets do not receive letters after a “failure” in restructuring, MPs have heard. Concerns highlighted by Labour MP Barry Gardiner (Brent North) are to be raised with Business Secretary Kwasi Kwarteng. Mr Gardiner told the Commons: “Royal …

Royal Mail plc (LON:RMG – Get Rating) hit a new 52-week low during mid-day trading on Thursday after Barclays lowered their price target on the stock from GBX 400 to GBX 320. Barclays currently has an overweight rating on the stock. Royal Mail traded as low as GBX 257.70 ($3.16) …

Royal Mail customers are facing a summer of disruption after managers voted to walk out over threats to jobs, pay and working conditions. Staff say they are furious over plans to remove 542 frontline delivery managers, alongside a redeployment programme to bring in worsening terms and conditions. Workers’ union Unite …

PARCEL delivery chaos beckons, Unite has warned, after its members in Royal Mail voted to strike over more job cuts.  The union slammed the privatised company on Wednesday evening, saying it was “awash with cash” while trying to axe 542 front-line managerial positions on top of the 420 jobs already lost. About 2,400 managers …

A Labour MP has said that Royal Mail delivery offices across the country are deciding each day which streets will not receive letters. Barry Gardiner (MP for Brent North) told the House of Commons it was due to a “failure” in restructuring. Mr Gardiner told MPs: “Royal Mail delivery offices …

Royal Mail managers have vowed to take strike action in a dispute over jobs. Members of Unite have backed walkouts by 86% and by 89% in Northern Ireland. The strikes come as Unite say Royal Mail plan to cut 542 frontline delivery managers’ jobs alongside a redeployment programme to bring …

A Royal Mail postman has shared a “number eight” mistake that could stop households receiving mail. Ben Davis revealed all in a viral TikTok video seen 350k times. In the clip, he said: “As a postman, the worst thing I ever see is when number eight have nailed on their …

Royal Mail staff have voted overwhelming to strike at 1,000 delivery offices over plans to sack and redeploy delivery managers. Managers at the postal service decided to back walkouts by 86% in Great Britain and 89% in Northern Ireland which will affect 2,400 staff.  Its union Unite blamed ‘boardroom greed’ at …

It has been announced Royal Mail managers have voted to strike in a dispute over jobs. Members of Unite backed walkouts by 86% and by 89% in Northern Ireland. The union said Royal Mail plans to cut 542 frontline delivery managers’ jobs alongside a redeployment programme to bring in worsening …