Royal Mail Warns Of Lower Parcel RevenuesSky NewsRoyal Mail has warned of a hit to its full-year revenue expectations because of growing competition for parcel deliveries. In its first quarter results statement, the postal operator said that while total revenues had risen 2% – thanks to a 3% increase … …
Read More »Party over for Royal Mail as shares tumble – Yorkshire Post
Yorkshire Post Party over for Royal Mail as shares tumbleYorkshire PostIt has not been as low since Royal Mail was floated in October, when shares were sold at 330p but immediately surged to 450p at the start of trading, although the sharp rise was at the time dismissed as “froth …
Read More »Royal Mail cuts revenue forecast – BDlive
Royal Mail cuts revenue forecastBDliveLONDON — Britain's Royal Mail said on Tuesday yesterday growing competition had cut its revenue expectations from parcel deliveries, leaving it reliant on tight cost control and its traditional letters business to hit full-year profit forecasts … More: continued here
Read More »Royal Mail Averts Threat Of Whitehall Pay Row
Royal Mail (LSE: RMG.L – news) has averted the prospect of an embarrassing row with its biggest shareholder after a last-gasp decision by the Government to support its pay policies at this week's annual meeting. Sky News has learnt that Whitehall officials were in talks with the postal operator on …
Read More »Amazon blow hits Royal Mail parcels business – The Independent
Amazon blow hits Royal Mail parcels businessThe IndependentRoyal Mail said it was opening later on Saturdays and launching Sunday delivery services to try to turn around the trend in parcels. The chief executive Moya Greene, who was paid nearly £1.2m last year, added: “Given the increasing challenges we are … More: …
Read More »Rivals taking toll on Royal Mail – The Courier
Rivals taking toll on Royal MailThe CourierThe stock price has not fallen so low since Royal Mail was floated in October, when shares were sold at 330p but immediately surged to 450p as trading began. The jump prompted criticism of the sell-off, but was dismissed as “froth and speculation” by … …
Read More »A British Man Puzzles the Royal Mail Postal Service – Anglophenia
A British Man Puzzles the Royal Mail Postal ServiceAnglopheniaJames Addison, a graphic designer, was so impressed by the postman in his hometown of Buckinghamshire, England, based on the mail carrier's ability to deliver to ten homes in less than two minutes, that Addison took it upon himself to challenge the … …
Read More »Royal Mail parcel revenues hit as competition bites – Reuters UK
Reuters UK Royal Mail parcel revenues hit as competition bitesReuters UKParcel deliveries account for about half of Royal Mail's turnover and its growth in an industry buoyed by online shopping is a key investment focus for shareholders in light of declining letter volumes. But the group faces stiff competition in …
Read More »Comment: Royal Mail | Carbon targets – Scotsman (blog)
Scotsman (blog) Comment: Royal Mail | Carbon targetsScotsman (blog)It is only so long that Royal Mail will be able to stave off the threat via cost-cutting. Without some sort of regulatory changing of the UK postal goalposts, the business looks vulnerable. Possible hefty fines in France also look potentially damaging …
Read More »MORNING MEETING: Royal Mail share price will surprise critics – Express.co.uk
Express.co.uk MORNING MEETING: Royal Mail share price will surprise criticsExpress.co.ukRoyal Mail shares jumped from 330p to 459p on privatisation in October and hit 615p in January. That led to furious attacks on Business Secretary Vince Cable and his investment bank advisers for pricing the shares too cheaply and selling the …
Read More »