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 …
Read More »One in two letters delivered by Royal Mail is 'junk' mail
One in two letters delivered by Royal Mail is now junk mail, as the postal service's chief executive warned households to expect more marketing letters as the group seeks higher revenues from businesses. More: continued here
Read More »Anger as Royal Mail profits soar – shropshirestar.com
Anger as Royal Mail profits soarshropshirestar.comRoyal Mail chief executive Moya Greene said the timing of the privatisation was a matter for the Government, but she believed the organisation could not generate the investment it needed by itself. The group said in its interim report that preparations … More: continued here
Read More »Parcels help Royal Mail profit soar – ic CheshireOnline
Parcels help Royal Mail profit soaric CheshireOnlineRoyal Mail has reported a huge increase in half-yearly profits as growth in parcel deliveries made up for a continued fall in the number of letters being sent. Group operating profits in the six months to September were £144 million, compared with £12 … …
Read More »Royal Mail profit jump makes case for privatisation – Post and Parcel
Royal Mail profit jump makes case for privatisationPost and ParcelAlong with improved profitability, this year's first half saw the UK government taking Royal Mail's legacy pension responsibilities off its hands, while Ofcom's deregulation of Royal Mail's pricing also makes the company more attractive to investors in … More: continued here
Read More »Parcels help Royal Mail deliver increase in half-year profits
Operating profits in the six months to September were £144m, sparking fresh controversy over privatisation plans More: continued here
Read More »