Royal Mail

BBC News Bank of England voted 7-2 to hold interest ratesBBC NewsRoyal Mail shares have dropped quite a bit this morning, following the publication of its half year results, which warned of increased competition from rivals like Whistl (formerly TNT UK). Shares are currently trading down 5% at 444p. That's …

Telegraph.co.uk Royal Mail cuts parcels growth outlook as profit fallsReuters UKLONDON (Reuters) – Royal Mail halved the expected growth rate of its UK parcels market to 1-2 percent on Wednesday due to fierce competition which helped send first-half operating profit down 21 percent. The group, sold off by the government …

CompaniesRoyal Mail cautious on parcels pre-ChristmasFinancial TimesJust ahead of its busy Christmas season, the recently privatised Royal Mail has flagged challenges in its all-important parcels business, querying the popular perception that it was sold off too cheaply in its 2013 IPO. In half year results, the FTSE … More: continued …

Telegraph.co.uk Royal Mail cuts parcels growth outlook as profit fallsDaily MailLONDON, Nov 19 (Reuters) – Britain's Royal Mail halved the expected growth rate of its UK parcels market to 1-2 percent on Wednesday due to fierce competition which helped send first-half operating profit down 21 percent. The group, sold off …

Royal Mail has announced a 21% fall in half-year profits, admitting Amazon's own delivery network has eaten into its parcels growth. More: continued here

Royal Mail reports a fall in half-year profits, with the company feeling the impact of competition from new parcel delivery rivals. More: continued here

Telegraph.co.uk Royal Mail warns on threat from Amazon as profits fall by 21pcTelegraph.co.ukRoyal Mail is also awaiting a ruling from the postal sector regulator Ofcom in relation to a complaint from rival TNT. Moya Greene, chief executive, said they were “full prepared” for Christmas Royal Mail's busiest and most profitable …

Britain's Royal Mail halved the expected growth rate of its UK parcels market to 1-2 percent on Wednesday due to fierce competition which helped send first-half operating profit down 21 percent. The group, … More: continued here

The Royal Mail has halved the expected growth rate of its UK parcels market to 1-2% due to fierce competition which helped send first-half operating profit down 21%. More: continued here

Life in the private sector is proving tough as competition hits Royal Mail's performance More: continued here