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Tag Archives: Shares

Royal Mail leads FTSE 100 rebound as it cuts 700 jobs

Good morning. There’s no shortage of news for Unilever at the moment. After its disastrous £50bn move on GSK’s consumer arm – which was firmly rebuffed by the pharmaceutical giant and lambasted by shareholders – it’s now planning to slash thousands of jobs. The cuts are said to target numerous …

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Royal Mail plc – Transaction in Own Shares

Royal Mail plc – Transaction in Own Shares. The Company announces that on 13 December 2021 it had purchased a total 183,506 of its ordinary shares of GBP0.01 each (the ‘ordinary shares’) on the London Stock Exchange, Cboe BXE and Cboe CXE, through the Company’s broker, Merrill Lynch International, as …

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UK shares slide as inflation, Omicron risks grow

The benchmark FTSE 100 index declined 0.5% in morning trade, diverging from its Asian peers, while the domestically focussed mid-cap index fell 0.7%. Bank of England (BoE) Governor Andrew Bailey said on Wednesday that the economic impact from COVID-19 still remains strong, while noting the inflationary pressure from supply chain …

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UBS downgrades Royal Mail to ‘sell’, shares tumble

Royal Mail shares tumbled on Wednesday as UBS downgraded them to ‘sell’ from ‘buy’ and cut the price target to 440p from 590p. The bank said risks to opex were increasing, with potential pricing pressure in UK Parcel. UBS cut its FY22/23 EBIT estimates by 8%/15%, mainly driven by higher …

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three ways to build your starter portfolio

Season three of Fantasy Fund Manager has kicked off and it’s time to pick your winning mix of British stocks. While many will favour “gut feeling” approaches, there are several time-old strategies favoured by professionals.  The Telegraph’s share tipping game launched today and everyone starts with £100,000 to invest in between five …

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