Royal Mail

LONDON, Oct 23 (Reuters) – British postal firm Royal Mail on Thursday reported a 51 percent increase in half-year operating profit after cutting costs but said the future of its loss-making universal postal service was under threat. The company said half-year operating profit rose to 177 million pounds from 86 …

Lord Mandelson may extend Royal Mail review as pension deficit soarsTimes Online, UK –25 minutes agoRoyal Mail's pension deficit has soared 25 per cent to £4 billion and is likely to jump further after an actuarial review next March. … More: continued here

Royal Mail warned of the threat of more post office closures today as it unveiled a doubling of profits to £177 million. It said that if it did not win a key Government contract – the Post Office Card Account – which is currently out to tender there would have …

Royal Mail on Thursday reported a 51 percent increase in half-year operating profit after cutting costs but said the future of its loss-making universal postal service was under threat. More: continued here

Royal Mail profits soar to £177m as 188 post offices shutThe Herald, UK –20 minutes agoCampaigners against a programme of post office closures in Scotland have expressed surprise and disappointment following the announcement Royal Mail has … More: continued here

ITN Royal Mail doubles profit despite shutting 1500 post officesTelegraph.co.uk, United Kingdom –2 hours agoThe Royal Mail doubled its profits over the last six months, a period that saw it shut about 1500 post offices. By Harry Wallop, Consumer Affairs Editor Its …Royal Mail doubles profitThe Press AssociationRoyal Mail: One-price-goes-anywhere universal postal …

The Royal Mail doubled its operating profit to £177 million in the last six months, but the number of letters being delivered has fallen by five million a day, it was announced. More: continued here

Royal Mail on Thursday warned of an acceleration in the decline of mail volumes, with the number of items falling 4 per cent over the last six months as the economic downturn combined with increasing competition from electronic media and private sector postal operators. More: continued here

Campaigners against a programme of post office closures in Scotland have expressed surprise and disappointment following the announcement Royal Mail has posted six-month operating profits of £177m – more than double the year before. More: continued here

Royal Mail doubles profitThe Press Association –5 minutes agoThe Royal Mail doubled its operating profit to £177 million in the last six months, but the number of letters being delivered has fallen by five million a … More: continued here