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Tag Archives: royal

FTSE 250 movers: Royal Mail tumbles, Direct Line climbs

London’s FTSE 250 was down by 0.83% at 20,304.86 in afternoon trade on Thursday, with Royal Mail dragging the index lower. Shares in the mail carrier tanked after the company said its transformation programme was behind schedule, cut its interim dividend and warned of a “challenging” outlook for the letters …

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Royal Mail Goes To Court To Block Pre-Christmas Strike

Royal Mail on Friday made a High Court bid to block a postal strike by workers due next month ahead of Christmas and around the time of Britain’s general election. Members of the Communication Workers Union recently voted to strike amid a dispute with management over pay and other employment …

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Royal Mail Union approves strike action

Royal Mail staff voted overwhelmingly in favour of going on their first strike in a decade. Over 97% of votes by members of the Communication Workers Union backed a strike. The turnout was 76% (around 110,000 UK postal workers). The result was the largest yes vote for national industrial action …

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FTSE 250 movers: PureTech drops, Royal Mail rises

London’s FTSE 250 was down 0.07% at 19,193.47 in afternoon trade on Thursday, with PureTech Health leading the index lower. John Laing was also under the cosh as it posted a slump in half-year pre-tax profit and reported £66m of writedowns on renewable energy assets in Australia due to industry …

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FTSE 250 movers: Royal Mail dips, pubs fizz higher

London’s FTSE 250 was down 0.14% at 19,071.83 in afternoon trade on Tuesday, with Royal Mail leading the index lower. Shares in the postal service outfit were under the cosh as analysts at JPMorgan Cazenove said there is “potential for material near-term volatility and uncertainty” in the eventual outcome of …

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