Royal Mail to hold 19 days of strike action
28th Sep 2022 09:07
(Sharecast News) - Employees at Royal Mail will hold 19 days of strike action over both pay and terms and conditions during the peak build-up to Christmas time.
Read moreRoyal Mail looking to take union talks to arbitration
22nd Sep 2022 10:27
(Sharecast News) - Royal Mail said on Thursday that it wants to take talks with the Communication Workers Union to arbitration, having failed to make any progress over pay rises after five months, and that it will "review" agreements aimed at protecting jobs and conditions that were signed nine years ago when the company was privatised.
Read moreFedEx withdraws guidance, takes Royal Mail down with it
16th Sep 2022 09:46
(Sharecast News) - Royal Mail shares were hammered by the negative read-across in markets from US peer FedEx's decision to withdraw its full-year guidance after Thursday's close.
Read moreRoyal Mail denies takeover talks with private equity firm
8th Sep 2022 12:21
(Sharecast News) - Royal Mail said on Thursday that it is not in talks with a private equity investment group about a possible takeover.
Read moreRoyal Mail to stage fresh 48-hour strike on Thursday
7th Sep 2022 14:55
(Sharecast News) - Royal Mail workers will go on strike for 48 hours from Thursday in a dispute over pay.
Read moreUK govt will probe Kretinsky plan to lift Royal Mail stake
25th Aug 2022 14:30
(Sharecast News) - The UK government reviewing whether a plan by Czech billionaire Daniel Kretinsky to lift his stake in Royal Mail beyond 25% would be in the national interest, the parcel and letter carrier said on Thursday.
Read moreSunday newspaper round-up: Sky-high electricity prices, Royal Mail, Olaf Scholz
21st Aug 2022 16:40
(Sharecast News) - The Chancellor is examining the options that it has at its disposal for bailing out businesses that might otherwise go bust next winter due to sky-high electricity prices. Government sources said Nadhim Zahawi believed that repurposing Covid schemes to help businesses should be among those options. Other options on the table include grants for small and medium-sized enterprises, as well as VAT and business rates holidays. Another source however said supports for SME's would be dependant on the next Prime Minister's appetite for increased borrowing. - The Sunday Times
Read moreRoyal Mail workers to stage four days of strikes
10th Aug 2022 07:25
(Sharecast News) - Around 115,000 Royal Mail workers are set to strike on four days in August and September in a dispute over pay, the Communication Workers Union (CWU) said.
Read moreBerenberg lowers target price on Royal Mail
21st Jul 2022 11:15
(Sharecast News) - Analysts at Berenberg lowered their target price on postal service operator Royal Mail from 575.0p to 480.0p on Thursday but reiterated their 'buy' rating on the stock.
Read moreRoyal Mail Q1 revenues slump 11.5%
20th Jul 2022 07:06
(Sharecast News) - Postal service Royal Mail said on Wednesday that revenues had sunk 11.5% year-on-year during the first quarter of its trading year, reflecting weakening retail trends, lower test kit volumes, and a return to a structural decline in letters.
Read moreRoyal Mail managers announce strike dates
5th Jul 2022 07:55
(Sharecast News) - Royal Mail managers are to start industrial action later this month in a row over jobs and pay, it was confirmed on Tuesday.
Read moreWorkers at Royal Mail begin vote on strike action
28th Jun 2022 11:28
(Sharecast News) - Workers at Royal Mail have begun voting on possible industrial action in an increasingly fractious row over pay.
Read moreRoyal Mail shares fall as postal workers ballot for strike action over pay
22nd Jun 2022 14:21
(Sharecast News) - Shares in UK letter and parcel carrier Royal Mail fell more than 5% on Wednesday after the union representing staff said they would ballot for industrial action over pay.
Read moreOfcom launches investigation into Royal Mail over failure to meet delivery targets
31st May 2022 13:05
(Sharecast News) - Communications watchdog Ofcom has launched an investigation into postal service and courier company Royal Mail's failure to meet its delivery targets over the last twelve months.
Read moreSunday newspaper round-up: Ted Baker, Shanghai, Just Eat Takeaway
29th May 2022 18:07
(Sharecast News) - Ted Baker's suitor from the other side of the Pond could step away from its bid for the fashion group. Authentic Brands had been negotiating an acquisition for £1.50 a share. Jut last week Ted Baker had said it was in talks with a 'preferred counter-party'. But now the US group is said to be studying deals elsewhere and the talks will in any case likely take several weeks. Other UK deals were a possibility although the US market remained its main focus. - Financial Mail on Sunday
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