Royal Mail

The Independent Amazon beating Royal Mail at its own game as profits tumbleThe IndependentThe rise of “click and collect”, where customers pick up parcels direct from shops, is also eating into its business. Royal Mail's UK parcel revenues fell 1 per cent to £1.5 billion in the last six months, …

Evening Standard Royal Mail: Give privatisation a chance and scrap the universal service …Evening StandardRoyal Mail management had long been calling for its relaxation and even the trade union wanted it redrawn: Dave Ward from the Communications Workers Union accused Cable of being “off the pace” on the reality of …

Irish Times Amazon delivers blow to Royal Mail growth prospectsIrish TimesOnline retail giant Amazon's own delivery service will more than halve the growth potential for Royal Mail's parcels business, the former state-owned British company said, sending its shares lower. Parcels make up half of Royal Mail's turnover and the … More: …

FTSE 100 down as Royal Mail fallsBBC News(Noon): Disappointing company news and worries over weak commodity prices combined to pull the market lower. Shares in Royal Mail dived nearly 8% after it warned that rivals were eating into its parcel delivery business. Underlying pre-tax profits … More: continued here

Royal Mail profits fall as postal service struggles with competitionCITY A.M.Royal Mail's delivery operations faced stiff competition in the first half of the financial year, resulting in a fall in profit for the 500-year-old postal service. For the six months to 28 September, pre-tax profit was £218m – a 6.4 …

Wall Street Journal Royal Mail Warns Competition From Amazon Will Hamper GrowthWall Street JournalLONDON—Shares in U.K.'s dominant postal company Royal Mail PLC fell more than 8% on Wednesday after it reported a fall in half-year profit and warned that continuing competition from online retailer Amazon.com Inc. will hamper growth. Revenue …

Business Insider Amazon Is Slaughtering Royal MailBusiness Insider28. They were £233 in the same six-month period last year. Even though UK parcel volumes grew by 2%, revenues in this department fell by 1%. Overall revenue grew by 2%. In a statement, Royal Mail accused Amazon's own delivery system of "a …

Reuters UK Royal Mail reversal puts Britain's FTSE under pressureReutersEDINBURGH, Nov 19 (Reuters) – Britain's main equity index snapped a four-day winning streak on Wednesday as heavyweight mining stocks were hit by a fall in iron ore prices and disappointing trading updates from Royal Mail and testing firm Intertek.Drop in …

Royal Mail is legally obliged to deliver post anywhere in the UK for the same price. It has seen its profits slump after Amazon shook up the parcels market by setting up its own delivery network. More: continued here

International Business Times UK Royal Mail Profits Plunge 21% as it Warns of Amazon OffensiveInternational Business Times UKRoyal Mail has reported a profits drop of 21% for the first half of the year ending in September amid loss of its share of the growing online parcel delivery market. Operating profit …