The Royal Mail has doubled its profits to £321m despite a huge fall in the number of letters being posted, the firm announced today. More: continued here
Read More »Royal Mail in privatisation row as profits hit £321m (Times Online)
Unions seized on bumper profits at Royal Mail to argue that a doubling of profit, despite a continued fall in the number of letters being posted, should render controversial government plans to part privatise the company obsolete. More: continued here
Read More »Royal Mail profits double to £321m (Daily Mail: World News)
Royal Mail profits double to £321m More: continued here
Read More »Royal Mail To Introduce Zonal Access Prices In 2010 – Hell Mail
Royal Mail To Introduce Zonal Access Prices In 2010Hell Mail, UKRoyal Mail is to introduce zone-based access pricing from April 2010. The move follows an application to Postcomm in November 2008 which has been accepted, albeit held back to allow access customers to prepare for the price changes. … More: continued …
Read More »Royal Mail profit doubles – Reuters
Daily Mail Royal Mail profit doublesReutersLONDON (Reuters) – Royal Mail posted a doubling of full-year operating profit with each of its four units contributing for the first time in two decades, and said its pension fund deficit had also doubled. Royal Mail, which runs mail, parcel delivery …Royal Mail doubled …
Read More »If Livingston grasps his opportunity, BT can emerge revitalised – Telegraph.co.uk
If Livingston grasps his opportunity, BT can emerge revitalisedTelegraph.co.uk, United KingdomThis is what has held back the Royal Mail, bt's former state-owned stablemate, for years. The dead hand of state ownership has left the Royal Mail wheezing on the barest supply of financial oxygen. Despite this, management has forced modernisation on …
Read More »Black Hole Deepens At Royal Mail Pensions (Sky News via Yahoo! UK & Ireland Finance)
The Royal Mail has doubled its profits to £321m – but its pension black hole has deepened to a huge £6.8bn. More: continued here
Read More »Royal Mail doubles annual profit (ShareCast via Yahoo! UK & Ireland Finance)
Profit doubled at Royal Mail last year despite a drop in mail volumes as all four of its businesses reported a full-year profit for the first time in two decades. More: continued here
Read More »Royal Mail pension deficit widens – Reuters
Daily Mail Royal Mail pension deficit widensReutersLONDON (Reuters) – Royal Mail posted a doubling of full-year operating profit with each of its four units contributing for the first time in two decades, and said its pension fund deficit had also doubled. Royal Mail , which runs mail, parcel delivery …Royal …
Read More »Royal Mail doubles profits – Financial Times
Royal Mail doubles profitsFinancial Times, UKBy Jean Eaglesham, Chief Political Correspondent Gordon Brown came under increased pressure on Thursday to abandon contentious plans to part-privatise Royal Mail, after the postal operator announced a near-doubling in its annual profits. … More: continued here
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