Britain's Royal Mail to cut more costs after profit
London South East (registration) (blog) Royal Mail shares fell by 2.6 percent to 486.1 pence at 0812 GMT after it posted a 5 percent fall in first-half profit and said it aims to cut annual costs by 600 million pounds per year to March 2018, up from a 500 million target. The group is cutting … |
More: continued here