Royal Mail failed to deliver nearly 380000 first-class letters on time EVERY …Mirror.co.ukRoyal Mail risks being fined after failing to deliver nearly 380,000 first-class letters on time every day last year, figures have revealed. The postal giant has a target of getting 93% of first-class items to their destination by …
Read More »Some Royal Mail investors certainly received a first-class service – The Guardian
The Guardian Some Royal Mail investors certainly received a first-class serviceThe GuardianHow Royal Mail shares boomed after flotation has been well covered, but as well as probing on whether the company was sold on the cheap, the committee may also want to ask their guests why a secret group of …
Read More »Hedge funds press Royal Mail for more savings as profits rise – Telegraph.co.uk
Telegraph.co.uk Hedge funds press Royal Mail for more savings as profits riseTelegraph.co.ukAmerican activist investors in Royal Mail believe that cost savings could be “far more aggressive” at the newly privatised delivery company, raising the prospect that the business could come under pressure from shareholders. Brokers said that US hedge …Royal …
Read More »Royal Mail faces strike action as half-year profits rise
Royal Mail is expected to report a modest 5.6 per cent rise in half-year profits on Wednesday, but the figures could be overcast by the threat of industrial action. More: continued here
Read More »Watchdog sends out a warning after Royal Mail fails to deliver – The Independent
The Independent Watchdog sends out a warning after Royal Mail fails to deliverThe IndependentOfcom said it would “continue to monitor Royal Mail's performance closely [and], should it miss the targets in future, Ofcom will consider opening a formal investigation which could result in enforcement action, including the possibility of fines”. …
Read More »Royal Mail faces fine after missing postal targets – The Independent
Royal Mail faces fine after missing postal targetsThe IndependentIn its first report on the 500-year-old postal operator since its £3.3bn privatisation, Ofcom said Royal Mail had missed its target for next-day delivery of first-class mail in almost all of the UK's postcode areas, not just in more densely populated … …
Read More »Royal Mail is facing fines after failing to deliver first class letters on … – Telegraph.co.uk
Royal Mail is facing fines after failing to deliver first class letters on …Telegraph.co.ukHowever, Royal Mail achieved this level in only 62% of the required postcode areas in the year to March 2013, meaning almost four in ten postcodes, a total of 45, missed their target delivery. Ofcom said Royal …
Read More »Ofcom warn Royal Mail over missing key performance targets – Manchester Evening News
Manchester Evening News Ofcom warn Royal Mail over missing key performance targetsManchester Evening NewsRoyal Mail was also required to meet a target of 91.5% of next-day delivery for first class post in almost all of the UK's geographic postcode areas to provide a good level of service across the UK, …
Read More »Royal Mail results expected to show slump in parcel arm following privatisation – This is Money
Royal Mail results expected to show slump in parcel arm following privatisationThis is MoneyRoyal Mail could report slowing growth in its flagship parcels division when it issues its first set of financial results since privatisation. Analysts have said the postal service, which has seen its shares soar by 70pc since …
Read More »Royal Mail to suffer slump in parcel arm following privatisation – This is Money
Royal Mail to suffer slump in parcel arm following privatisationThis is MoneyRoyal Mail could report slowing growth in its flagship parcels division when it issues its first set of financial results since privatisation. Analysts have said the postal service, which has seen its shares soar by 70pc since listing last …
Read More »