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Royal Mail profits to slump for years predicts UBS
10:00am, Tuesday, 27'th Sep 2022
Royal Mail has received a near 70% downgrade to its profits forecast from UBS, though the Swiss Bank suggests all the bad news might all now be priced in. UBS sees downside given the UK division's low
Royal Mail to abandon historic workers deal, as BT, railways and ports face more strikes too
09:46am, Thursday, 22'nd Sep 2022
Talks with unions have broken down for both Royal Mail PLC (LSE:RMG) and BT Group PLC (LSE:BT.A), triggering more expected strike action as the UK summer of strikes looks set to continue well into the
Royal Mail gets tighter regulatory reporting from Ofcom; faces more strike action
10:52am, Tuesday, 20'th Sep 2022
Royal Mail PLC (LSE:RMG) will now be required to submit to Ofcom annually a view of the financial sustainability of the universal postal service over a five-year period, the regulator has confirmed a
European delivery rivals slump after FedEx profit warning
03:23am, Friday, 16'th Sep 2022
Shares of European delivery firms skidded Friday morning after a profit warning from FedEx FDX, -0.07% . Royal Mail RMG, -11.52% shares skidded 10% in London, while DHL owner Deutsche Post DPW, -6.95%
Royal Mail to be impacted by further strikes this Thursday and Friday
11:03am, Wednesday, 07'th Sep 2022
Royal Mail PLC (LSE:RMG) will be impacted by further walkouts on Thursday and Friday, which its workers have declared the “biggest strike in the UK since 2009”. More than 115,000 members of the
UK government to probe plans by Royal Mail's largest shareholder to up its stake
05:07am, Friday, 26'th Aug 2022
Vesa Equity Investment, Royal Mail PLC (LSE:RMG)'s largest shareholder, is said to be looking to increase its stake in the postal service company, prompting a government investigation into the matter
Royal Mail could back out of trade union agreement
06:59am, Thursday, 25'th Aug 2022
Royal Mail PLC (LSE:RMG) is reportedly considering tearing up a long-standing deal with unions to protect jobs and working conditions. The agreement, called the “Agenda for Growth, Stability and L
Royal Mail workers plans new strikes over working conditions
03:39am, Thursday, 18'th Aug 2022
Royal Mail PLC (LSE:RMG) workers have voted for further strikes over a dispute with the company over working conditions, adding to industrial action over pay that is already planned in each of the
Royal Mail latest to be affected by UK summer of strikes
09:10am, Wednesday, 10'th Aug 2022
Royal Mail PLC (LSE:RMG) warned today it will make a hefty loss if a four-day walkout by 115,000 staff goes adead. The strike call is the latest in a growing list of companies and sectors that are
Royal Mail share price path of least resistance ahead of strikes
06:32am, Wednesday, 10'th Aug 2022
Royal Mail (LON: RMG) share price crashed to the lowest level since November 2020 as concerns about the company remained. The stock plummeted to 257p, which was about 57% below its all-time high of 61
Market Movers: Royal Mail falls on planned strike action
04:40am, Wednesday, 10'th Aug 2022
Shares in Royal Mail PLC (LSE:RMG) fell 1.80% to 261.60p in early trading after the mail delivery group warned the proposed strike action by members of the Communication Workers Union would send the g
Royal Mail faces four days of strikes as pay dispute escalates
02:34am, Wednesday, 10'th Aug 2022
Royal Mail is facing a four-day walkout by 115,000 staff after the CWU called for strike action after it members overwhelmingly voted in favour of industrial action in a pay dispute. Twenty-four-hour
Royal Mail: What's in a name?
07:17am, Wednesday, 20'th Jul 2022
Royal Mail PLC (LSE:RMG) plans to overhaul its business by changing the name of its listed entity and potentially splitting its more profitable logistics division from its postal service. The comp
Royal Mail mulls splitting company as tussle with unions drags on
04:10am, Wednesday, 20'th Jul 2022
Royal Mail PLC (LSE:RMG) said it may have to split the group as it revealed it is changing the iconic name of its holding company. The courier firm said “in the event that significant operational
Royal Mail posts 11.5% fall in UK business quarterly revenue
02:31am, Wednesday, 20'th Jul 2022
Post and parcel delivery firm Royal Mail on Wednesday said first-quarter revenue fell 11.5% in its UK business, hurt by a decline in its letters business and inflation-hit consumers cutting back on on
