Royal Mail profits rocket in time for stock market flotationThis is SomersetRoyal Mail is to unveil a big jump in annual profits this week as it paves the way for a £3 billion stock market flotation later this year. The state-owned business should report a surplus of between £300 million …
Read More »‘No alternative’ to privatising Royal Mail, says Vince Cable – The Independent
The Independent 'No alternative' to privatising Royal Mail, says Vince CableThe IndependentHis comments came as Royal Mail announced a big jump in profits to £440 million for the year to 31 March, compared with £152 million a year earlier, helped by parcels growth of the face of a continuing decline …
Read More »Sub-postmasters seek delay to Royal Mail sell-off – Financial Times
Sub-postmasters seek delay to Royal Mail sell-offFinancial TimesGeorge Thomson, general secretary of the National Federation of SubPostmasters, told its annual conference in Torquay on Monday there were serious concerns over the network's future and that more work was needed to protect it before Royal Mail was … More: continued here
Read More »Sharp jump in Royal Mail profits
Royal Mail's annual profits more than double, helped by strong growth in parcel deliveries as more people shop online. More: continued here
Read More »AUDIO: Royal Mail is 'a declining business'
The Business Secretary Vince Cable says "the big competitive threat to the Royal Mail is email". More: continued here
Read More »Royal Mail delivers 61pc rise in profits
Royal Mail has reported a 61pc surge in annual pre-tax profits to £324m in a full year results that will boost the company ahead of its planned £3bn flotation. More: continued here
Read More »Royal Mail delivers 165pc jump in operating profits
Royal Mail has reported a 165pc surge in underlying operating profits to £403m from £152m last year in a full year results that will boost the company ahead of its planned £3bn flotation. More: continued here
Read More »Royal Mail posts £440m profits
Royal Mail unveiled a big jump in profits to £440 million as it took another step towards a possible stock market flotation later this year. More: continued here
Read More »Royal Mail profits soar as parcels deliver – The Times (subscription)
The Times (subscription) Royal Mail profits soar as parcels deliverThe Times (subscription)Royal Mail has put itself on course for privatisation within the year — probably by stockmarket flotation — after delivering a 165 per cent surge in profits last year. On a comparable level, Royal Mail today reported that operating …
Read More »Royal Mail sees profits almost double before privatisation
LONDON (Reuters) – Royal Mail said annual profit had more than doubled on the back of an online shopping boom, providing a timely boost ahead of a stock market listing expected later this year. … More: continued here
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