More excitement (of a type) at Royal Mail
Where do I start with the recent headlines about shares in the Royal Mail (RMG)? We certainly could start with the observation late yesterday that “Postal strike looms as Royal Mail workers back walkouts in pay and jobs row”. Alternatively, we could look at this morning’s observation about first quarter trading of “revenue down 11.5% year on year…reflecting weakening retail trends, lower test kit volumes and a return to structural decline in letters”. And we could even talk about the observation - also out today - that “Royal Mail threatens split after name change to International Distributions Services”. Or we could just talk again about ANOTHER fall in Royal Mail’s share price!
- By Chris Bailey
- 2022-07-20 12:00:59