Modernisation programme delays postSouthend StandardA MODERNISATION programme being rolled out by Royal Mail has been blamed for residents in Thorpe Bay getting their post delivered in the evening. Elaine Bridge, chairman and chief executive of Royal Mail said that a number of new delivery practices …and more » More: continued here
Royal Mail Group has reported a big fall in profits, blaming constraints on its pricing. More: continued here
ROYAL Mail chief says post operator is fighting for survival More: continued here
Future Of The USPS? Royal Mail Prepares Massive Layoff Of 20000 Postal WorkersBusiness InsiderImage: AP Up to 20000 Royal Mail workers could lose their jobs after the organization posted an almost $200 million loss in delivery payments. This marks the worst year in almost a decade for the British postal service. According to the Telegraph,…
LONDON (SHARECAST) – Annual revenues and profits both fell at the Royal Mail Group , its annual report for 2010-11 revealed on Tuesday. More: continued here
BBC News UK postal service profits slump 78% before saleAFPLONDON — Britain's state-run postal service Royal Mail said on Tuesday that its annual profits have slumped more than 78 percent as the embattled company gears up for more job losses and privatisation. Royal Mail said operating profit slid to £39 …Royal Mail losses cast doubt…
The Royal Mail has signalled fresh job losses after reporting a £120 million loss in its letters and parcels business following a huge slump in the number of people sending post. More: continued here
Royal Mail Group announced on Tuesday that annual profits slumped more than 78 percent as the embattled company gears up for more job losses and privatisation. More: continued here
International Business Times Thousands of UK postal workers likely to lose jobsInternational Business TimesUp to 20000 postal workers in Britain are likely to lose their jobs after the Royal Mail posted a £120-million loss in its letters and parcels business largely as a result of more people abandoning the system in favor of internet communications….
LONDON (Reuters) – State-owned Royal Mail, part of which will be sold off, said annual profit slumped as the numbers of letters it handled slid further. The group made an operating profit after modernisation … More: continued here