Tag Archives: Royal Mail

Royal Mail delivery offices across the country are deciding each day which streets do not receive letters after restructuring. The revelations were heard by MPS in Parliament this week following concerns in service and redundancies. Labour MP Barry Gardiner (Brent North) told the Commons: “Royal Mail delivery offices around the …

A former postmaster says he is preparing to sue the Post Office for ‘hundreds and thousands of pounds’ for the damage caused during the Horizon scandal. A total of 736 postmasters and postmistresses were wrongly prosecuted by the Post Office between 2000 and 2014 over allegations of fraud and theft. …

Royal Mail plc (OTCMKTS:ROYMY – Get Rating)’s share price 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. The company traded as low as $6.44 and last traded at $6.72, with a volume of …

BT workers have voted overwhelmingly in favour of strikes in a dispute over pay – joining a growing army of employees taking industrial action in the coming months in what has been dubbed the “summer of discontent”. General secretary Dave Ward said BT was facing the first national strike since …

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

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 …