CITY A.M. Royal Mail chairman: Bike deliveries are now thing of the pastCITY A.M.Shares in Royal Mail have suffered after the company warned on parcel revenues in an interim management statement earlier this week. Competition in the key market has heated up. At the AGM, Greene cited Amazon's switch towards …
Read More »City delivery firm to step up Royal Mail fight – Coventry Observer
City delivery firm to step up Royal Mail fightCoventry ObserverThe city centre-based company, established in 2007, is extending its service from businesses to allowing members of the public to send letters to addresses in the city at a cheaper rate than Royal Mail. In a scheme launching in the city …
Read More »Union gives green light to Royal Mail’s Sunday delivery pilot – Post and Parcel
Union gives green light to Royal Mail's Sunday delivery pilotPost and ParcelThe union, which represents more than 115,000 Royal Mail workers, initially backed the idea in principle as a way to fight back in the highly-competitive parcels market. But, it said various issues regarding resourcing and pay had to be …
Read More »Royal Mail Averts Threat Of Whitehall Pay Row – Sky News
BBC News Royal Mail Averts Threat Of Whitehall Pay RowSky NewsRoyal Mail has averted the prospect of an embarrassing row with its biggest shareholder after a last-gasp decision by the Government to support its pay policies at this week's annual meeting. Sky News has learnt that Whitehall officials were in …
Read More »Key vote over Royal Mail pay – CITY A.M.
Key vote over Royal Mail payCITY A.M.ROYAL Mail will face its shareholders today, in what is widely expected to be a showdown over pay and bonuses of the company's top executives. The government, a 30 per cent shareholder, is understood to be voting in favour of a remuneration package … More: …
Read More »Parcel woes hit shares in Royal Mail before AGM – CITY A.M.
CITY A.M. Parcel woes hit shares in Royal Mail before AGMCITY A.M.Royal Mail saw a one per cent decline in parcel revenues in the first three months of the financial year to 29 June, and it expected full-year parcel revenues to be lower than anticipated, hitting its share price as …
Read More »Royal Mail shares drop back to their first day closing level as update reveals … – This is Money
Royal Mail shares drop back to their first day closing level as update reveals …This is MoneyStripping out the impact of the May European elections when Royal Mail received a boost from customers posting their votes, revenues were up 3 per cent, while volumes were down 3 per cent. This …
Read More »Royal Mail warns on lower parcel revenue – CNBC.com
Royal Mail warns on lower parcel revenueCNBC.comBritain's Royal Mail Group said it would have to rely on cost control measures and letters sales to meet full-year expectations after rising competition meant parcels revenue would be lower than anticipated. The postal operator, sold off to much … More: continued here
Read More »Royal Mail PLC Dips On Warning Of Lower-Than-Expected Parcels Revenue – Motley Fool UK
Royal Mail PLC Dips On Warning Of Lower-Than-Expected Parcels RevenueMotley Fool UKRoyal Mail (LSE: RMG) is currently down just over 1%, following release of an interim management statement for the three months to 29 June 2014, in which the company has warned that revenue from its parcels business is likely …
Read More »Royal Mail frets over Amazon threat to parcels business – The Independent
The Independent Royal Mail frets over Amazon threat to parcels businessThe IndependentRoyal Mail placed its parcels division at the centre of its growth plans in its £3 billion flotation, claiming it was “well-positioned to benefit further from predicted levels of growth in the overall UK parcel market” and telling would-be …
Read More »