Priority investors made at least £98m selling Royal Mail shares in its first …Bureau of Investigative JournalismRoyal Mail's priority investors made at least £98m from share sales in the first six days of trading. (Image: Shutterstock.com). Last October the government, advised by Lazard & Co, allocated 22% of new shares in Royal Mail to 16…
By Neil Maidment LONDON (Reuters) – Newly privatised Royal Mail posted a 12 percent rise in full-year profit on Thursday and said it was taking steps to address increasing competition in both parcels and letters. The UK postal firm, which had long posted financial losses until two years ago, said operating profit before "transformation" costs…
Royal Mail share price: Company to trial Sunday parcel delivery serviceiNVEZZiNVEZ.com, Wednesday, May 21: Royal Mail (LON:RMG) is to trial a Sunday delivery service for parcels, as it looks to address growing demand driven by consumers ordering goods online. The recently-privatised postal services group said today that it … More: continued here
Royal Mail to deliver parcels on Sundays: Sorting offices will also open to …Daily MailIt is also a sign of the increasing importance of parcels to Royal Mail– it handles more than one billion of them every year – which will today reveal its first annual financial results since it was privatised last October. As…
Royal Mail has reported an operating profit of £430m in its first full-year results since privatisation. The figure for the 12 months to March, after transformation costs, is up from £403m in the previous … More: continued here
Business Live: Royal Mail reports first results since part privatisationBBC NewsThe main European markets all woke up on the right side of bed this morning, with the FTSE 100, Dax and Cac 40 all marginally up. SABMiller is driving the London index, up more than 3.5% after reporting a rise in profits. Shares in Royal…
File photo dated 17/12/13 of Royal Mail staff sorting Christmas parcels at Nottingham Mail Centre in Beeston. Photo: Rui Vieira/PA Wire Royal Mail is legally bound to deliver letters six days a week to every address in Britain for the same price.The universal service was enshrined in an act of parliament in 2011 but seven…
The Guardian Royal Mail annual profits rise amid fierce competition from rivalsThe GuardianRoyal Mail's annual profit rose more than 6% but the privatised postal service faces increased competition in its parcels business and a regulatory threat to its letters operation. Operating profit after one-off costs rose to £430m from £403m a year …Royal Mail Launches…
Royal Mail launches Sunday deliveriesHerald ScotlandRoyal Mail said the moves were being planned under the Agenda for Growth agreement with the Communication Workers Union (CWU). Chief executive Moya Greene said: "Through these new Sunday services we are exploring ways to improve our flexibility … More: continued here
What You Need to Know Before Royal Mail PLC's ResultsThe Motley Fool UKRoyal Mail (LSE: RMG) is expected to reveal a jump in operating profit of up to 12% to £670m when it announces its annual results tomorrow. Letter volumes are continuing to fall and, for the first time in Royal Mail's history, revenue from…