Is Royal Mail the cheapest way to send parcels?
Many of us will be posting packages in the coming weeks – here's how to keep the costs down More: continued here
Many of us will be posting packages in the coming weeks – here's how to keep the costs down More: continued here
BBC News Royal Mail shares fall sharply on concerns over competitionBBC NewsShares in Royal Mail have fallen by almost 8% after the company warned that rivals – including Amazon – were eating into its parcel delivery business. Royal Mail said the rise of delivery firm Whistl could wipe £200m off sales. It also said competition…
Royal Mail said Amazon's plans would slash the rate of growth in the UK parcels market from 4-5 per cent to 1-2 per cent a year for around two years. More: continued here
Citywire.co.uk Royal Mail warns of Amazon threat as profit tumbles 21%Citywire.co.ukRoyal Mail saw operating profit before transformation costs tumble 21% year-on-year, as it warned of competition from Amazon in the UK parcels market. Revenues stood at £4.5 billion at the end of September, up 2% in comparison to the corresponding … More: continued here
BBC News Bank of England voted 7-2 to hold interest ratesBBC NewsRoyal Mail shares have dropped quite a bit this morning, following the publication of its half year results, which warned of increased competition from rivals like Whistl (formerly TNT UK). Shares are currently trading down 5% at 444p. That's still …and more » More: continued…
Telegraph.co.uk Royal Mail cuts parcels growth outlook as profit fallsReuters UKLONDON (Reuters) – Royal Mail halved the expected growth rate of its UK parcels market to 1-2 percent on Wednesday due to fierce competition which helped send first-half operating profit down 21 percent. The group, sold off by the government in October …Parcel delivery stabilises at…
CompaniesRoyal Mail cautious on parcels pre-ChristmasFinancial TimesJust ahead of its busy Christmas season, the recently privatised Royal Mail has flagged challenges in its all-important parcels business, querying the popular perception that it was sold off too cheaply in its 2013 IPO. In half year results, the FTSE … More: continued here
Telegraph.co.uk Royal Mail cuts parcels growth outlook as profit fallsDaily MailLONDON, Nov 19 (Reuters) – Britain's Royal Mail halved the expected growth rate of its UK parcels market to 1-2 percent on Wednesday due to fierce competition which helped send first-half operating profit down 21 percent. The group, sold off by the …Parcel delivery stabilises at…
Royal Mail has announced a 21% fall in half-year profits, admitting Amazon's own delivery network has eaten into its parcels growth. More: continued here
Royal Mail reports a fall in half-year profits, with the company feeling the impact of competition from new parcel delivery rivals. More: continued here