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UK postal service profits slump 78% before sale – AFP

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 …

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City Link raids Royal Mail for top duo – Logistics Manager

Post and Parcel City Link raids Royal Mail for top duoLogistics ManagerRentokil Initial has chosen two Royal Mail executives to lead the recovery at its troubled parcels business, City Link. David Smith will join the business as managing director while Robert Peto becomes finance director. Rentokil Initial said they would …

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