Company in the news: Royal Mail Group

Shares in Royal Mail (LSE: RMG) were a steal at their flotation price of 330p. It was just a shame that private investors could only get their hands on a £750 allocation at that price. The shares have been comfortably over 600p since then, but have now fallen back below 450p as the company has run into a few problems.

On Tuesday this week Royal Mail said that its letters business was doing a bit better than it had previously expected. Unfortunately, its parcels business – where there is supposed to be lots of potential profits growth – has not done as well [...]

Want to read this article now?

MoneyWeek magazine

Latest issue:

Magazine cover
Cheaper oil

Who benefits?

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues

Vote in the MoneyWeek Readers' Choice Awards

Vote for your favourite financial services companies in the inaugural MoneyWeek Awards, and you could win a year's subscription to MoneyWeek magazine. Find out more and vote here.


Which investment platform?

When it comes to buying shares and funds, there are several investment platforms and brokers to choose from. They all offer various fee structures to suit individual investing habits.
Find out which one is best for you.