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Long-suffering Royal Mail (RMG) investors were dealt another blow after a trading update knocked the shares down nearly 10% to a record low, continuing a bad run for the UK’s postal operator.
International Distribution Services plc (formerly Royal Mail Limited, Royal Mail plc and International Distributions Services plc) is a British company providing postal and courier services. The UK government initially retained a 30% stake in the company, [ 4 ] but sold its remaining shares in 2015. [ 5 ]
Income investors could be disappointed in 2020 if they are hoping for another record year of dividend payouts. The latest quarterly dividend monitor from Link warns that headline payouts are ...
Post Office Limited, formerly Post Office Counters Limited and commonly known as the Post Office, is a state-owned retail post office company in the United Kingdom that provides a wide range of postal and non-postal related products including postage stamps, banking, insurance, bureau de change and identity verification services to the public through its nationwide network of around 11,500 ...
2009 Royal Mail industrial disputes; 2018 Canada Post strikes; 2019 Finnish postal strike; ... This page was last edited on 30 March 2016, at 22:33 (UTC).
Authorities confirmed Monday that the 3.6 billion-pound ($4.6 billion) takeover of Royal Mail's owner, International Distribution Services, by billionaire Daniel Kretinsky's EP Group, can go ahead.
As of 2019, Royal Mail employed around 162,000 permanent postal workers, of which 143,000 were UK based roles, and 90,000 were postmen and women. [89] An additional 18,000 casual workers were employed during November and December to assist with the additional Christmas post. [90]
However, there are no such limits on first-class stamps, and in October Royal Mail pushed the price for first-class mail up by 30p to £1.65, citing "very real and urgent" financial challenges for ...