FTSE 100 weekly: Royal Mail and AstraZeneca among losersProactive Investors UKRoyal Mail has already complained to Ofcom that rival TNT Post's start-up door-to-door delivery service is cherry-picking the most profitable areas and will affect its universal service obligation. Its charter means it has to deliver anywhere across … More: continued …
Read More »Royal Mail boosts profits after squeezing more money from parcel deliveries – This is Money
Royal Mail boosts profits after squeezing more money from parcel deliveriesThis is MoneyRoyal Mail notched up a 7 per cent rise in earnings in its first set of annual results since the Government's controversial float of the postal service. Its £430million profit haul – after 'transformation costs' like IT investment …
Read More »Royal Mail warns of service threat – expressandstar.com
Royal Mail warns of service threatexpressandstar.comOfcom is investigating a complaint from TNT over Royal Mail's decision to change conditions and increase the prices it charges to deliver post collected and pre-sorted by its competitors. Ms Greene called for "timely regulatory action" to prevent the … More: continued here
Read More »Parcels boost Royal Mail profits – Glasgow Evening Times
Parcels boost Royal Mail profitsGlasgow Evening TimesAs the Universal Service provider, Royal Mail is required to provide access to competitors such as TNT for final mile deliveries. Ofcom is investigating a complaint from TNT over Royal Mail's decision to change conditions and increase the prices it … More: continued here
Read More »Royal Mail warns against rivals – Herald Scotland
Royal Mail warns against rivalsHerald ScotlandTHE Royal Mail has warned that its six days-a-week universal postal service is under threat because competition from rivals means they can "cherry pick" easy-to-serve urban areas. THE Royal Mail has warned that its six days-a-week universal postal … More: continued here
Read More »Royal Mail warns of service threat – BreakingNews.ie
Royal Mail warns of service threatBreakingNews.ieOfcom is investigating a complaint from TNT over Royal Mail's decision to change conditions and increase the prices it charges to deliver post collected and pre-sorted by its competitors. Ms Greene called for “timely regulatory action” to prevent the … More: continued here
Read More »Royal Mail’s profits are up on the year ending March 30th, thanks to an … – Belfast Telegraph
Royal Mail's profits are up on the year ending March 30th, thanks to an …Belfast TelegraphVideo: Royal Mail profits up on parcel deliveries. 0 Comments. Email; Print; Font Size. Royal Mail's profits are up on the year ending March 30th, thanks to an increase in parcel deliveries. 0 Comments. Email; …
Read More »UPDATE 2-UK’s Royal Mail rattles investors with warning of rising competition – Reuters
UPDATE 2-UK's Royal Mail rattles investors with warning of rising competitionReutersLONDON, May 22 (Reuters) – Newly privatised Royal Mail pointed to tougher times ahead on Thursday as it said competition in parcels was intensifying and warned the emergence of a rival British mail delivery service threatened its growth prospects. More: …
Read More »Quick Takeaways From Royal Mail PLC’s 2014 Results – The Motley Fool UK
Quick Takeaways From Royal Mail PLC's 2014 ResultsThe Motley Fool UKRoyal Mail Group's (LSE: RMG) first set of annual results broadly met with forecasts — with one nasty surprise. Operating profit increased by 12% to £671m as parcel delivery revenues rose 7%. Royal Mail's parcel business overtook its letter service …
Read More »Concern for future of Royal Mail deliveries to rural areas – Stornoway Gazette
Concern for future of Royal Mail deliveries to rural areasStornoway GazetteThe SNP MP for the Western Isles said: “The SNP repeatedly warned that privatisation of the Royal Mail would inevitably lead to pressure on the USO – warnings which were dismissed by the UK Government, which pressed ahead with the …
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