The Guardian Royal Mail share price falls as Amazon parcel rethink hurts revenueThe GuardianIn a trading update that comes two days ahead of Royal Mail's shareholder meeting, the first since the 500-year old postal service was privatised last year, chief executive Moya Greene said the business is facing intensifying competition, with parcels …Royal Mail parcel…
Royal Mail PLC (LON:RMG) hopes overall performance for full year will remain in line with guidance. More: continued here
Royal Mail shares tumbled in early London trading on 22 July after it said increasing competition in the UK parcels market means it may not hit its full-year financial targets. In an interim statement, Royal Mail said its group revenues were up 2% but that its UK parcels revenues had dipped by 1%. The communications…
Royal Mail shares have fallen to their lowest level since their controversial privatisation last autumn after the group warned that aggressive competition meant parcels revenue for the full year would be lower than expected. The stock, which has been steadily declining since a peak of more than £6 in February, dropped by as much as…
Royal Mail shares have fallen to their lowest level since their controversial privatisation last autumn after the group warned that aggressive competition meant parcels revenue for the full year would be lower than expected. More: continued here
CITY A.M. Royal Mail share price falls on parcel revenue warningCITY A.M.Greene acknowledges that Royal Mail faces "increasing challenges" in this key market, signalling that "parcels revenue for the year is likely to be lower" than Royal Mail had expected. The company hopes to offset that downturn with initiatives launched … More: continued here
Ann McKechin: Royal Mail sell off by Tories shortchanged the British taxpayerScottish Daily RecordTHIS month, the Business, Innovation and Skills committee of which I am a member, issued a highly critical report that concluded that taxpayers lost out on £1.4bn in last year's sell off of Royal Mail because the UK Tory led Government was…
Mirror.co.uk Liverpool fan writes hilarious eBay description to sell his 'best mate' – his …Scottish Daily RecordAn eBay seller has gone to hilarious lengths to try and shift his Citroen C3. Auction site user 'dmills162' is flogging the 2003 vehicle online and has written a funny description to help the sale, the Liverpool Echo reports….
By Neil Maidment LONDON (Reuters) – Britain's Royal Mail said growing competition had cut its revenue expectations from parcel deliveries, leaving it reliant on tight cost control and its traditional letters business to hit full-year profit forecasts. Parcel deliveries account for about half of Royal Mail's turnover and its growth in an industry buoyed by…
Stolen rabbit found locked inside Royal Mail post boxTelegraph.co.ukA frightened rabbit was discovered locked inside a Royal Mail post box after it was stolen from a garden hutch. The scared pet was found sitting on top of a pile of letters inside the post box in Maltby, South Yorkshire. A stunned postman made the ……