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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

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Royal Mail Warns Of Lower Parcel Revenues – Sky News

Royal Mail Warns Of Lower Parcel RevenuesSky NewsRoyal Mail has warned of a hit to its full-year revenue expectations because of growing competition for parcel deliveries. In its first quarter results statement, the postal operator said that while total revenues had risen 2% – thanks to a 3% increase … …

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Royal Mail cuts revenue forecast – BDlive

Royal Mail cuts revenue forecastBDliveLONDON — Britain's Royal Mail said on Tuesday yesterday growing competition had cut its revenue expectations from parcel deliveries, leaving it reliant on tight cost control and its traditional letters business to hit full-year profit forecasts … More: continued here

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Royal Mail Averts Threat Of Whitehall Pay Row

Royal Mail (LSE: RMG.L – news) 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 talks with the postal operator on …

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Rivals taking toll on Royal Mail – The Courier

Rivals taking toll on Royal MailThe CourierThe stock price has not fallen so low since Royal Mail was floated in October, when shares were sold at 330p but immediately surged to 450p as trading began. The jump prompted criticism of the sell-off, but was dismissed as “froth and speculation” by … …

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