BBC News Royal Mail profits rise as parcels business growsBBC NewsRoyal Mail has reported a big rise in half-year operating profits, helped by growth at its parcels delivery business as more people shop online. Operating profits for the six months to 23 September rose to £144m, up from £12m a …
Read More »An avalanche of junk mail: Nearly half daily postbag is now direct marketing … – Daily Mail
An avalanche of junk mail: Nearly half daily postbag is now direct marketing …Daily MailAnd Royal Mail admitted the volume of unwanted letters will only grow in its drive to make bigger profits. The revelation means up to 27million of the 54million items of daily post are junk mail. The …
Read More »Royal Mail deliver the goods with profit leap – CITY A.M.
Royal Mail deliver the goods with profit leapCITY A.M.ROYAL Mail yesterday fuelled government hopes of delivering the firm into private sector hands next year after posting a jump in profits on the back of the boom in online shopping. The group, which is 100 per cent owned by the taxpayer, …
Read More »A £4bn sell-off waiting to be delivered – The Independent
The Independent A £4bn sell-off waiting to be deliveredThe IndependentIt's been lost in the post for a while, but Royal Mail's£4bn privatisation project finally looks like an imminent delivery. Yesterday the group dispatched first-class half-year results to the Government's doorstep: hitting Britons with stamp price …Royal Mail lifted by parcels …
Read More »Royal Mail closer to sell-off after delivering profits leap – Evening Standard
Evening Standard Royal Mail closer to sell-off after delivering profits leapEvening StandardBut potential investors may be wary that Royal Mail's“people” costs — hiring and firing — rose slightly to £2.5 billion in the six months. Chief executive Moya Greene, whose £1.1 million pay packet last year made her one of …
Read More »Direct mail accounts for nearly half of all UK letters – The Guardian
The Guardian Direct mail accounts for nearly half of all UK lettersThe GuardianMoya Greene, Royal Mail's chief executive, defended the prevalence of direct mail on the nation's welcome mats. Asked if she hoped the volume of magazine subscription offers and book club overtures would increase, she said: "I hope so, …
Read More »Royal Mail profits pave way for privatisation – Telegraph.co.uk
Telegraph.co.uk Royal Mail profits pave way for privatisationTelegraph.co.uk… external capital is a key part of the transformation process as we become a more parcels-focused business and make the investment in technology to do so." Royal Mail chief executive Moya Greene said all of the group's main businesses were profitable. More: …
Read More »Parcels boost Royal Mail profits – bdaily
Parcels boost Royal Mail profitsbdailyGrowth in parcel deliveries has helped Royal Mail deliver significant profit growth, ready for flotation. The company said operating profits after transformation costs had risen to 144 million from 12 million a year ago. The profits were fuelled by … More: continued here
Read More »ALEX BRUMMER: Moya Greene revving up at Royal Mail – This is Money
This is Money ALEX BRUMMER: Moya Greene revving up at Royal MailThis is MoneyThe burden of the Royal Mail's multi-billion-pound pensions deficit has been transferred from the postal service to Her Majesty's Government. This has suited both parties. It has freed the Mail from having to make good the deficit …
Read More »Royal Mail: A £4bn sell-off waiting to be delivered
It's been lost in the post for a while, but Royal Mail's £4bn privatisation project finally looks like an imminent delivery. Yesterday the group dispatched first-class half-year results to the Government's doorstep: hitting Britons with stamp price hikes of up to 40 per cent helped Royal Mail to post a …
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