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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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Broker tips: Greene King, Royal Mail

Analysts at Canaccord Genuity raised their target price on British landlord Greene King on Tuesday, but lowered their recommendation for the firm’s shares from ‘buy’ to ‘hold’ following the previous session’s accepted offer from CK Noble. Shares of Greene King surged on Monday after the pub group agreed to be …

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13 parcel postboxes unveiled in NR postcode area

16 August 2019, 07:17 | Updated: 16 August 2019, 07:23 Royal Mail has unveiled 13 parcel postboxes in the Norwich postcode area. They’ll allow parcels to be posted in the same way letters are. It’s the first major change of use for the postbox since it was introduced 160 years …

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Royal Mail Q1 in line, backs FY guidance

Royal Mail said on Thursday that its first-quarter performance was in line with its expectations as it backed its outlook for 2019-20. In a brief statement ahead of its annual general meeting, the company said: “All other targets and ambitions as set out in our financial results for the full …

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