Royal Mail (RMG)

 
 

Election countdown: what each political party manifesto might mean for investors

The UK is now a week away from voting in the general election. At the time of writing, the Conservative Party held the lead in the polls although the gap against Labour has narrowed. The current market rally, as represented by the domestically-focused FTSE 250 index, implies a Tory victory. There wouldn’t be any radical changes to how the country is run and Theresa May could concentrate on ...

Market report: Royal Mail ups dividend as letter volumes remain under pressure

Former state-owned postal service Royal Mail (RMG) reports a 6% fall in annual adjusted profit on Thursday. It also warns that continuing declines in letter volumes this year would be at the high end of a previous estimate if business uncertainty persists. But it does up its full year dividend payment 4% to 23p per share, soothing investor concerns. The shares rally 3.3% to 445p, heading the FTSE ...
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