Royal Mail

The cost of posting a letter or sending a parcel could rise as Royal Mail warns they may have to take action to combat soaring inflation. As a result, they may need to cut costs and increase prices, which could mean paying more for your first class stamps. Royal Mail …

Royal Mail has cautioned over possible further price hikes and revealed plans to ramp up cost cutting as it looks to tackle soaring inflation pressures. The group said it was facing “significant headwinds” from higher wage demands, surging energy and fuel costs. It said it will need to go further …

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The price of stamps is set to rise again, as the Royal Mail have warned ahead of another hike in the cost of living crisis which is plaguing Britain. There are plans in place to ramp up cost-cutting as a result of huge inflation, with the UK’s rate currently standing …

Over the past couple of years, the UK’s Royal Mail service has been exploring the potential of drones to service remote corners of the nation, and is now pressing ahead with its plans for automated aerial delivery. The postal service company has outlined a vision to establish 50 drone delivery …

Royal Mail plc announced that The Board is proposing a final dividend of 13.3 pence per share. Combined with the interim dividend of 6.7 pence per share paid in January 2022, this gives an ordinary dividend for Fiscal Year 2021-22 of 20 pence per share, and is in line with …

Royal Mail has warned the prices of letters, parcels and stamps are likely to rise again due to soaring inflation, wages, energy and fuel pressures. The group said it was facing “significant headwinds” and revealed plans to ramp up cost cutting. It is the latest UK company to admit it …

Royal Mail has said it will need to raise its prices and cut costs due to rising inflation and weak economic growth. In its full-year results for the 52-week period ended March 2022, the postal operator achieved revenue of £12.71bn, up 0.6% on the £12.64bn it achieved a year …

Royal Mail has admitted it is at a ‘crossroads’ and needs to urgently transform its operations if it is to survive and thrive in post-pandemic Britain. Parcel demand and profits have fallen at the group over the past year and boss Simon Thompson’s proclamation that ‘we have no time to …

We earn a commission for products purchased through some links in this article. Royal Mail has issued a warning over postal prices as it suggests that another major price hike could be likely amid rising costs.  More people than ever are searching for how to save money …