Royal Mail targets online for parcels growthLogistics ManagerRoyal Mail is shifting its focus to capitalise on the growth of online retailing to compensate for the decline in the number of letters it handles. In its results for the year to 31st March, it highlighted plans to expand and automate its …
Read More »Royal Mail reveals profits of £440m paving way for £3bn stock market flotation … – Daily Mail
Daily Mail Royal Mail reveals profits of £440m paving way for £3bn stock market flotation …Daily MailRoyal Mail unveiled a big jump in profits to £440million today as it took another step towards privatisation and a £3billion stock market flotation later this year. The result for the year to March …
Read More »Royal Mail's investment banking bonanza
The Royal Mail flotation is gathering pace, with the tender process for an IPO syndicate currently underway. But even before the underwriters and bookrunners have been chosen, the postal firm and UK government have done their best to hire nearly every bulge-bracket name in the City. More: continued here
Read More »Royal Mail’s investment banking bonanza – Financial News
Royal Mail's investment banking bonanzaFinancial NewsThe Royal Mail flotation is gathering pace, with the tender process for an IPO syndicate currently underway. But even before the underwriters and bookrunners have been chosen, the postal firm and UK government have done their best to hire nearly every … More: continued here
Read More »Paul Doughty stole parcels from his Royal Mail lorry – Daily Mail
Daily Mail Paul Doughty stole parcels from his Royal Mail lorryDaily MailSimon Clarke, prosecuting, told Warrington Crown Court: 'A Royal Mail investigation found there had been a sustained campaign of theft of special delivery bulk mail often used for sending reasonably high value items including currency and jewellery.and more » More: …
Read More »Royal Mail profits slap UK gov’t in face – Press TV
Press TV Royal Mail profits slap UK gov't in facePress TVBritain's Royal Mail has posted a massive £403 million profit amid claims by the government that it should be privatized to survive. The government is pushing with closures and privatizations plans at the 497-year-old service, earmarking 76 of its … …
Read More »Royal Mail workers balloted on privatisation plans – The Guardian
The Guardian Royal Mail workers balloted on privatisation plansThe GuardianRoyal Mail said it was "disappointed" that the union was going ahead with the ballot. "We are committed to seeking an agreement with the CWU on the way forward in Royal Mail that equips the business for the future and is …
Read More »Royal mail privatisation – taxpayer, prepare to be ripped off (again)! – Left Foot Forward
Royal mail privatisation – taxpayer, prepare to be ripped off (again)!Left Foot ForwardInstead we are told that the one and only way Royal Mail can survive is for it to be sold off. What's more, ministers threaten that if anyone takes serious steps to oppose a public sale, then the …
Read More »Comment: Royal Mail sales battle | M&S puzzle – Scotsman
Scotsman Comment: Royal Mail sales battle | M&S puzzleScotsmanBoth the UK government and Royal Mail management have accepted that, in the modern era, faced with electronic means of communication and European competition rulings, the status quo is no longer tenable. Royal Mail requires access to external capital … More: continued …
Read More »Royal Mail profit soars after stamp rise – Express.co.uk
Royal Mail profit soars after stamp riseExpress.co.ukWith costs rising, there is a real danger letters could become a thing of the past.” Royal Mail chief executive Moya Greene said: “Our strategy is delivering.” Experts said the strong performance will encourage the Government to privatise Royal Mail… More: continued here
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