Royal Mail

Ann McKechin: Royal Mail sell off by Tories shortchanged the British taxpayerScottish Daily RecordTHIS month, the Business, Innovation and Skills committee of which I am a member, issued a highly critical report that concluded that taxpayers lost out on £1.4bn in last year's sell off of Royal Mail because the …

By Neil Maidment LONDON (Reuters) – Britain's Royal Mail said 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. Parcel deliveries account for about half of Royal Mail's turnover and its growth …

Stolen rabbit found locked inside Royal Mail post boxTelegraph.co.ukA frightened rabbit was discovered locked inside a Royal Mail post box after it was stolen from a garden hutch. The scared pet was found sitting on top of a pile of letters inside the post box in Maltby, South Yorkshire. A …

The postal group's stock, which has been declining since hitting a peak of more than 600p in February, dropped by as much as 4 per cent to 445.1p in early trade More: continued here

Telegraph.co.uk Royal Mail shares drop below first day close of 455p after warning on parcel …Telegraph.co.ukMoya Greene, the chief executive of Royal Mail, said in an update that while the business delivered "low single digit revenue growth" in the three months to June 29 helped by good performance in letters, …

Evening Standard Royal Mail warns on lower parcel revenue as competition bitesEvening StandardIt has not been as low since Royal Mail was floated in October, when shares were sold at 330p but immediately surged to 450p at the start of trading – though the sharp rise was at the time …

Royal Mail parcel revenues come undoneThe Times (subscription)Royal Mail was under renewed pressure ahead of its annual meeting of shareholders today as the privatised postal carrier warned of lower than expected revenues at its struggling parcels business. In a trading update to the City covering the three … More: continued …

Postal delivery service warns parcels revenue for year likely to be lower than expected More: continued here

Updates from Royal Mail, Croda and QinetiQAol Money"Our parcels revenue," says Royal Mail, "will be dependent on our performance in the second half, which includes the Christmas trading period, and on no further weakening in our addressable UK parcels market." Royal Mail holds its first AGM since … More: continued here

Britain's Royal Mail Group said it would have to rely on cost control measures and letters sales to meet full-year expectations. More: continued here