City A.M. Royal Mail is held back by out-of-date red tapeCity A.M.Warnings aside, the contrast in Royal Mail's half-year figures was quite startling. UK letter volumes are in seemingly terminal decline and the growth in online-boosted parcel deliveries at home only just manages to offset falling revenues. Overseas …Royal Mail …
Read More »The Royal Mail just trolled Britain’s socialist leader. It was great – Washington Examiner
Washington Examiner The Royal Mail just trolled Britain's socialist leader. It was greatWashington ExaminerOn Thursday, Labour leader, Jeremy Corbyn, tweeted out a video lamenting the Royal Mail's latest shareholder payout. Corbyn complains that "hundreds of millions has been paid out into private hands" and claims that "This is the familiar …
Read More »Opening Quote: Royal Mail delays industrial unrest, GKN doesn’t – Financial Times
Interactive Investor Opening Quote: Royal Mail delays industrial unrest, GKN doesn'tFinancial TimesRoyal Mail's best result in the last half year has arguably been staving off industrial action ahead of the vital Christmas period. It seems the Communication Workers Union – which was disputing pension changes and pay – had not …
Read More »Royal Mail reports 2% revenue increase – Post and Parcel
Royal Mail reports 2% revenue increasePost and ParcelThere is a cloud over Royal Mail's immediate prospects as the postal operator has still not resolved its dispute with the Communication Works Union (CWU) – but the group management have said that reaching an agreement is a “priority”. Commenting on the … More: …
Read More »Royal Mail gets £91m tax credit from closing its pension scheme – Evening Standard
Evening Standard Royal Mail gets £91m tax credit from closing its pension schemeEvening StandardRoyal Mail risked infuriating postal workers further on Thursday when it revealed it had booked a £91 million tax credit following the closure of its generous pension scheme. But the postal company warned a strike over pensions …
Read More »Royal Mail reports slip in half-year profit, Europe helps revenue – Reuters UK
Reuters UK Royal Mail reports slip in half-year profit, Europe helps revenueReuters UK(Reuters) – Britain's Royal Mail (RMG.L) reported 250 million pounds in half-year adjusted profit before tax, down slightly, while revenue edged up 2 percent helped by its European parcels business. FILE PHOTO – A Royal Mail vehicle drives …
Read More »Royal Mail gets £106m profit boost from the taxman from decision to close its pension scheme – City A.M.
City A.M. Royal Mail gets £106m profit boost from the taxman from decision to close its pension schemeCity A.M.Royal Mail profits today received a £106m boost from the taxman as a result of the postal giant's controversial decision to close its mammoth pension scheme. Revenue for the first half of …
Read More »Royal Mail admits it’s having a ‘difficult time’ as profits slump 30pc – Telegraph.co.uk
Telegraph.co.uk Royal Mail admits it's having a 'difficult time' as profits slump 30pcTelegraph.co.ukRoyal Mail has admitted it is having a 'difficult time' as profits dipped 30pc amid a fierce dispute with workers over pensions. While the postal company's revenues climbed 5.4pc to £4.8bn in the 26 weeks to September 24, …
Read More »Violent Royal Mail ad banned due to ‘unjustifiable fear and distress … – Metro
Metro Violent Royal Mail ad banned due to 'unjustifiable fear and distress …MetroA Royal Mail advert about the dangers of identity theft has been banned in case it causes 'unjustifiable fear and distress' to viewers. The video ad sees a gang of …Royal Mail's Identity Theft Advert Banned For Being "Too …
Read More »Royal Mail warns union dispute could dent profits – Financial Times
Financial Times Royal Mail warns union dispute could dent profitsFinancial TimesRoyal Mail warned an ongoing industrial dispute could hit profits, as the UK postal operator delivered a drop in first-half profit after pension costs increased. Statutory pre-tax profit fell by 30 per cent to £77m in the six months to …
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