Royal Mail

Royal Mail said today that its one-price-goes-anywhere universal postal service is in the red and under threat. The company also warned slumping stockmarkets have sent its pension deficit soaring while the future of the Post Office network hinges on winning the tender for the Post Office Card Account, used by …

Royal Mail deficit soars by £1bn over past six monthsProfessional Pensions, UK –2 hours agoROYAL MAIL has seen its pension scheme deficit increase by more than £1bn over the past six months. The company’s half year report showed its closed defined …Royal Mail posts £4bn pensions deficitFinancial Newsall 3 news articles More: …

Royal Mail profits doublePublic Servant Online, UK –3 minutes agoRoyal Mail has announced six-month operating profits of £177 million – more than double the year before. Royal Mail said its profits increased from £86 … More: continued here

Royal Mail may not deliver to every homeMirror.co.uk, UK –5 hours agoRoyal Mail's vow to deliver to every home in Britain is under threat – despite the firm more than doubling its profits to £177million in the six months to …Axe falls on two village post officesQueensferry Toodayall 4 news articles More: …

York MP Hugh Bayley sends stinging letter to Royal Mail bosses …The Press, York, UK –4 hours agoBy Mike Laycock » ROYAL Mail has been blasted by York MP Hugh Bayley over its decision to stop sorting second class post in the city. … More: continued here

Hell Mail Hell Mail From Royal MailHell Mail, UK –1 hour agoImagine our surprise then, when we received a letter from Royal Mail echoing the sentiment – well not quite…. We're hardly strangers to Royal Mail's press … More: continued here

Newspaper round-upReuters UK, UK –2 minutes agoMail volumes for Royal Mail declined by four percent over the last six months, with the amount of letters posted daily falling to around 79 million items … More: continued here

Royal Mail sinks further into the redFinancial News, UK –3 minutes agoThe Royal Mail pension scheme has fallen £1.1bn (€1.3bn) further into deficit since the end of March, bringing the total to over £4bn, despite a general … More: continued here

Royal Mail posts £4bn pensions deficitFinancial News, UK –2 minutes agoThe Royal Mail pension scheme is now over £4bn (€5bn) in deficit after the fund lost a further £1.1bn since the end of March, despite a general rise in … More: continued here

This is Money Slimmed-down Royal Mail posts £177m profitThis is Money, UK –2 minutes agoProfits at the Royal Mail have more than doubled amid deep cuts in services and 2500 post office closures. The company made £177m in operating profits for … More: continued here