The result for the year to March 31 is more than double the £152million in 2012 as the state-owned firm also benefited from offloading £37.5billion in pensions liabilities to the Government. More: continued here
Read More »Royal Mail worker stole £45000 from packages for designer shoes – stv.tv
Royal Mail worker stole £45000 from packages for designer shoesstv.tvA Royal Mail worker stole nearly £45,000 and used the money to buy pairs of designer shoes. Angela Doran took parcels from the sorting office in Glasgow's Springburn to fund her spending habits. The 39-year-old admitted to embezzling a total of …
Read More »Royal Mail Doubles Earnings as Web Retailing Boosts Parcels – Bloomberg
The Guardian Royal Mail Doubles Earnings as Web Retailing Boosts ParcelsBloombergRoyal Mail, one of Britain's biggest employers with about 150,000 staff, has sought to adapt its letter-focused network to more lucrative package delivery in the face of competition from TNT Express NV (TNTE) of the Netherlands and Deutsche Post AG …
Read More »Royal Mail Float Looms After £440m Profits
Royal Mail unveiled a big jump in profits to £440m as it took another step towards a possible stock market flotation later this year. More: continued here
Read More »Royal Mail reveals profits boost – but Vince Cable says 'no alternative' to privatisation
Business Secretary Vince Cable today insisted there is "no alternative" to controversial plans privatising the Royal Mail. More: continued here
Read More »Royal Mail profit soars before privatisation
LONDON (Reuters) – Royal Mail more than doubled annual profit on the back of an online shopping boom, providing a timely boost as it plans for a stock market listing this year. In a marked turnaround for … More: continued here
Read More »Royal Mail profits surge ahead of planned sell-off
Annual profits rise to £324m as the government prepares to sell the 497-year-old postal service Royal Mail has reported a 60% increase in pre-tax annual profits to £324m, as the government prepares to sell off the 497-year-old postal service in the most ambitious privatisation since British Gas in 1986. The …
Read More »Royal Mail Doubles Earnings as Web Retailing Boosts Parcels
Royal Mail Group Ltd., the state- owned postal service that the U.K. government is looking to sell, said full-year profit more than doubled as growth in web- based shopping spurred parcel deliveries. More: continued here
Read More »Royal Mail delivers profits fit for flotation
Royal Mail delivered a 61pc surge in pre-tax profits in a set of annual results that chief executive Moya Greene said "presents a cogent case to investors" for a stockmarket listing. More: continued here
Read More »AUDIO: Royal Mail is a 'declining business'
The Business Secretary Vince Cable says "the big competitive threat to the Royal Mail is email". More: continued here
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