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 »Royal Mail delivery office closes due to COVID-19
Martha4Chippenham RT @BBCWiltshire: The Royal Mail delivery office in Swindon which closed for deep cleaning after two workers tested positive for Covid-19 h… 3 hours ago lynne RT @WorldCarDriver: Royal Mail delivery office is forced to close in Swindon after Covid outbreak https://t.co/NCZMqMN2YR 3 hours ago Chloe Scott Royal Mail delivery office is forced to …
Read More »Liberum reiterates ‘sell’ rating on Royal Mail
Analysts at Liberum slightly raised their target price on ‘sell’ rated postal service Royal Mail Group on Monday, stating that risks to its UK operations outweighed resilience in its European arm, General Logistics Systems (GLS). Liberum said the outlook for Royal Mail’s UK parcels, international and letters (UKPIL) unit was …
Read More »Royal Mail fined £1.5m for missing delivery target
Royal Mail has been fined £1.5m by its regulator for missing delivery targets for first-class post and £100,000 because it overcharged for second-class stamps. The letters and parcels company is required to deliver at least 93% of first-class post across the UK within one working day of collection but in …
Read More »FTSE 250 movers: Royal Mail slumps; Crest Nicholson lifted by upgrade
London’s FTSE 250 was down 0.3% at 17,098.38 in afternoon trade on Thursday. Royal Mail shares slid after the company said it will cut 2,000 manager jobs as it desperately tried to save £130m in costs amid the coronavirus crisis and reported a 25% plunge in full year profits. It …
Read More »London midday: Stocks pare losses; Royal Mail slides after job cuts announcement
London stocks had pared losses by midday on Thursday but remained just a touch lower amid growing concerns about a rise in new coronavirus infections in the US. The FTSE 100 was down 0.1% at 6,117.61. Joshua Mahony, senior market analyst at IG, said: “Early losses in Europe have been …
Read More »Royal Mail says pandemic spurs need for change
(Reuters) – Royal Mail (RMG.L) Executive Chairman Keith Williams said on Thursday the COVID-19 pandemic has accelerated the need for a change at its UK business by three to four years as customers demand more parcels and fewer letters. In a brief interview with Reuters following the company’s financial results, …
Read More »Royal Mail postmen should not be sacked if caught urinating in public, a tribunal has ruled
Royal Mail postmen should not be sacked if they’re caught urinating throughout rounds, a tribunal has ruled, after one employee was dismissed for relieving himself in a lay-by. Roo Rawal was fired for gross misconduct in 2017 after he was filmed allegedly urinating in a “very busy street” close to his …
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