Home / Royal Mail / Royal Mail’s red letter day is still a long way off – Telegraph.co.uk

Royal Mail’s red letter day is still a long way off – Telegraph.co.uk


Telegraph.co.uk

Royal Mail's red letter day is still a long way off
Telegraph.co.uk
For the first time in three years, Royal Mail is throwing off cash – a £309m inflow versus last time's £52m deficit. An 8pc price rise, a tighter grip on working capital and cost cuts (including 5000 more jobs) have reversed the cash burn.

More: continued here

About admin

Check Also

Inside King Constantine’s close relationship with the British Royal Family – two years after his death

King Constantine of Greece shared multiple links with British royals and the two families formed a …

Leave a Reply

Your email address will not be published. Required fields are marked *