Royal Mail is set to deliver a bonus to posties and other shareholders after half-year results today included a £200 million special dividend.
Other beneficiaries will include multibillionaire Daniel Kretinsky, known as the Czech Sphinx, who has built a 15% stake in the company. Royal Mail's latest figures show sales up 7% to £6 billion and pre-tax profits of £315 million as it benefits from the online shopping boom.
Alongside another busy day for results, investors will be keeping a close eye on the oil market after Brent crude dipped below $80 a barrel on reports that major oil consuming nations are planning to release their strategic reserves in an effort to curb price pressures.
