Royal Mail (RMG)

 
 

Pensions breakthrough keeps Royal Mail’s longest share price rally in two years running

Achieving a pensions breakthrough has helped Royal Mail (RMG) continue its positive momentum with its strongest and longest rally in two years. Investors are relieved that Royal Mail’s pension and pay troubles are over for now, effectively averting industrial action as the shares accelerated 9% to 511.8p. WHAT HAS ROYAL MAIL AGREED TO? The parcels delivery service says its defined ...

Market report: Record Primark sales keep AB Foods growing, Costa sales slow, GKN fights back

Record sales at discount fashion chain Primark will bolster a firm full year of profits at patent Associated British Foods (ABF). The FTSE 100 company, controlled by the Weston family, maintains its full year earnings guidance in a trading update issued on Thursday. The update shows quarterly revenue growth across all of its businesses apart from sugar. Sales at Primark rose 7% in the three ...

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 ...
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