The Independent Royal Mail in trouble? Now, who would have guessed that, Vince?The IndependentWhich leaves us with another idea: simply give the Royal Mail a taxpayer subsidy to keep the service going. Sounds pretty reasonable, but would that be allowed under European rules? Doubtful. And besides, taxpayers would not be …
Read More »Royal Mail produces Sixfields Stadium stamp – Northampton Chronicle & Echo
Northampton Chronicle & Echo Royal Mail produces Sixfields Stadium stampNorthampton Chronicle & EchoTerry Mitchell, from Old, has been helping raise money for good causes for years by asking the Royal Mail to produce limited edition stamps for sale. But this Christmas the Royal Mail have agreed to produced an image …
Read More »Royal Mail delivers growth warning
Revenue at the UK business – UK Parcels, International & Letters (UKPIL) – was flat at £3.7 billion, but operating profit before transformation costs slumped by over a quarter to £219 million. Within that, the real problem is parcels where revenue fell 1% to £1.46 billion. And Amazon's (AMZN) own …
Read More »Royal Mail 6-day betrayal: Privatised postal giant may have to end daily … – Mirror.co.uk
Mirror.co.uk Royal Mail 6-day betrayal: Privatised postal giant may have to end daily …Mirror.co.ukThe postal giant, which has seen its profits slump by £74million, says allowing rivals to cherry pick lucrative business contracts could make its six-day-a-week service no longer viable. Royal Mail, unlike its competitors, must deliver to everyone …
Read More »Royal Mail’s universal delivery under threat as online shoppers turn to Amazon … – Daily Mail
Daily Mail Royal Mail's universal delivery under threat as online shoppers turn to Amazon …Daily MailBritain's 'universal postal service' is under threat because of the growing popularity of sending packages on Amazon, it has been revealed. Royal Mail, which is legally obliged to deliver post and packages anywhere in the …
Read More »Royal Mail drafts in the lobbyists for battle on universal deliveries – The Independent
The Independent Royal Mail drafts in the lobbyists for battle on universal deliveriesThe IndependentYesterday, in its half-year profits announcement, Royal Mail delivered a shock message to the City that, not only was Whistl having an impact, but that a beefed-up Amazon parcels business was hitting it too. The company's share …
Read More »Royal Mail Profits Fall 21% In Parcels Battle – Sky News
Royal Mail Profits Fall 21% In Parcels BattleSky NewsIts share price fell 8% during morning trading in the wake of the projection. Royal Mail also demanded "urgent" action to address the future of its universal service mandate, citing threats posed by rival firms. It said it was stiff competition that …
Read More »Royal Mail shares and profits fall sharply as it warns on threat from Amazon – Telegraph.co.uk
Telegraph.co.uk Royal Mail shares and profits fall sharply as it warns on threat from AmazonTelegraph.co.ukRoyal Mail said operating profits, before taking into account the costs of job losses and restructuring the business, dropped 21pc to £279m for the first half ended September 30, down from £353m at the same stage …
Read More »Royal Mail says Amazon delivery service will hit its UK parcels business – The Guardian
The Guardian Royal Mail says Amazon delivery service will hit its UK parcels businessThe GuardianRoyal Mail has warned that growing competition from Amazon will hit its UK parcels business, as it reported a 21% fall in first-half profits. The 500-year-old postal service, which was privatised last October, said operating profits …
Read More »Royal Mail shares a good long term investment – Telegraph.co.uk
Telegraph.co.uk Royal Mail shares a good long term investmentTelegraph.co.ukRoyal Mail is still a profitable company, and during the first six months of the year it made £279m in operating profit before all the costs related to job losses and technology improvements, down 21pc on £353m last year. But as the …
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