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, …
Read More »LTN residents’ postboxes boarded up as new traffic rules mean postmen cannot meet collection times
Postboxes in Oxfordshire were boarded up after congestion caused by road closures to create low traffic neighbourhoods (LTNs) meant postmen could no longer meet collection times. Royal Mail was forced to reduce services in Cowley and East Oxford after traffic was funnelled onto main roads making journey times markedly longer. …
Read More »Glasgow Post Office branches close for Jubilee Weekend as staff take strike action
Post Office workers around Scotland and the UK are taking strike action in a dispute over pay this Jubilee Weekend. Ten branches are set to be impacted in Scotland, with two of them being in Glasgow. Members of the Communication Workers Union (CWU) at Crown Post Offices, the larger branches …
Read More »Royal Mail plc (OTCMKTS:ROYMY) Receives Consensus Recommendation of “Hold” from Brokerages
Royal Mail plc (OTCMKTS:ROYMY – Get Rating) has earned a consensus rating of “Hold” from the nine analysts that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, one has assigned a hold rating and one has issued a buy rating …
Read More »Royal Mail plc (OTCMKTS:ROYMY) Given Average Rating of “Hold” by Brokerages
Shares of Royal Mail plc (OTCMKTS:ROYMY – Get Rating) have been assigned an average recommendation of “Hold” from the nine research firms that are currently covering the company, MarketBeat reports. Three analysts have rated the stock with a sell rating, one has given a hold rating and one has issued …
Read More »FTSE 100 Index Promotes Centrica, Unite in Latest Shuffle
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 …
Read More »Will Royal Mail deliver over the platinum jubilee? Post details for Thursday and Friday
The late May bank holiday weekend, often referred to as the spring bank holiday, has been moved to Thursday, June 2 and an additional one has been added on Friday, June 3. The reshuffle is for the Queen’s Platinum Jubilee and will see the UK get a four-day weekend. The …
Read More »Royal Mail’s (RMG) Overweight Rating Reaffirmed at Barclays
Royal Mail (LON:RMG – Get Rating)‘s stock had its “overweight” rating reaffirmed by analysts at Barclays in a research report issued to clients and investors on Monday, Marketbeat reports. They presently have a GBX 400 ($5.06) price target on the stock. Barclays‘s price objective points to a potential upside of …
Read More »UK: BT facing first national strike in 35 years as 40,000 telecoms workers ballot over pay
BT Group, the UK telecoms giant, is facing a national strike over pay by 40,000 frontline staff across BT and its subsidiaries, Openreach and EE. The Communication Workers Union (CWU) will begin balloting from June 15. BT announced its decision to impose a pay award for this year of between …
Read More »Royal Mail plc (LON:RMG) Given Consensus Recommendation of “Buy” by Analysts
Royal Mail plc (LON:RMG – Get Rating) has been given a consensus recommendation of “Buy” by the ten ratings firms that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, one has given a hold recommendation and seven have issued a buy …
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