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CWU Says Merseyside Industrial Action Due To Start On Saturday Halted
RWC Asset Management Discloses 5.01% Stake In Royal Mail
Royal Mail Announces Appeal Of CAT Judgment
Royal Mail plc provides postal services. The Company's segments include UK Parcels, International & Letters (UKPIL), General Logistics Systems (GLS) and Other. UKPIL operates in the United Kingdom collecting and delivering parcels and letters through approximately two main networks, the Royal Mail Core Network and Parcelforce Worldwide. UKPIL provides letter and parcel services to and from countries around the world under reciprocal arrangements with other overseas postal administrations. It is also responsible for the design and production of the United Kingdom's stamps and philatelic products. Parcelforce Worldwide is an express parcels business. The Company operates across a network of approximately 50 depots throughout the United Kingdom. GLS operates in continental Europe and the Republic of Ireland and has a ground-based deferred parcel delivery network in Europe. GLS provides parcel and express services, as well as logistics solutions.
100 Victoria Embankment
Non-Executive Independent Chairman of the Board
Group Chief Executive Officer, Executive Director
Chief Financial Officer, Chief Operating Officer, Executive Director
GLS Chief Executive Officer
Sally Anne Ashford
Chief Human Resource Officer
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Britain's Royal Mail <RMG.L> on Thursday confirmed that its biggest union lost an appeal to overturn a High Court injunction to stop a strike ahead of a general election and the holiday season next month.
Britain's Royal Mail on Thursday confirmed that its biggest union lost an appeal to overturn a High Court injunction to stop a strike ahead of a general election and holiday season next month.
* Shares fall as much as 17.6% (Adds CEO comments, analyst comment, detail on outlook, background)
London's FTSE 100 fell further on Thursday as a standoff between U.S. and China over Hong Kong put off hopes of an imminent trade deal, while mid-cap Royal Mail slumped 12% after saying it was behind schedule on its turnaround plan.
Royal Mail, one of the world's oldest postal services, on Thursday posted an operating profit in the first half compared with a loss last year, benefiting from higher parcel volumes as its turnaround plan progresses.
* Could disrupt election votes, Christmas deliveries (Adds Royal Mail comment, shares, background)
The world's first printed Christmas card has gone on show at the Charles Dickens Museum in London, just over a month before the Royal Mail deadline for posting Christmas cards in Britain.
Royal Mail's Communications Workers Union (CWU) on Wednesday lodged an appeal with Britain's High Court after the postal service company won an injunction to stop a strike ahead of a general election and holiday season next month. (Reporting by Yadarisa Shabong in Bengaluru...
* Royal Mail to deliver plans without compulsory redundancy (Adds comments from Royal Mail, details)
Britain's Royal Mail has won a high court injunction seeking to block potential strikes by the Communication Workers Union (CWU), the union said https://twitter.com/cwunews/status/1194626357713502214 on Wednesday.
* Delivery of domestic parcels, letters could be hurt (Adds analyst comment, parcel volumes)
Royal Mail Plc said on Friday that it would apply for an interim order from the High Court to block a potential strike by its biggest union, the Communication Workers Union, saying it believed the strike ballot had been unlawful.
* Royal Mail faces threat of renationalisation (Adds Royal Mail comment)
Royal Mail said the Communications Workers Union (CWU) had rejected its offer aimed at avoiding strike action for the rest of the year, a move that could affect mail deliveries ahead of a general election in December.
UK's Royal Mail Plc <RMG.L> has written to the Communications Workers Union (CWU) saying it will enter into talks "without preconditions" if the union agrees to remove the threat of strike action over the Christmas, the company said on Tuesday.
UK's Royal Mail Plc has written to the Communications Workers Union (CWU) saying it will enter into talks "without preconditions" if the union agrees to remove the threat of strike action over the Christmas, the company said https://www.royalmailgroup.com/en/press-centre...
Communications Workers Union (CWU) on Tuesday said over 97% of its members in Britain's Royal Mail who voted were in favor of going on strike.
A British employers' group criticized on Monday what it said would be the "beyond eye-watering" cost of the opposition Labour Party's plans to return utilities, train companies and the Royal Mail to public ownership.
Royal Mail Plc said on Thursday its performance in the first quarter was in line with its expectations and re-affirmed its annual forecast in a short statement ahead of its annual general meeting.
** Britain's former postal monopoly Royal Mail Plc down 3.1% at 197.1p after HSBC downgrades stock to 'hold' from 'buy' and cuts PT to 216p
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.