Royal Mail

Royal Mail’s core postal operation has tumbled into the red amid steep declines in post-office footfall and mail volumes as the internet age finally takes its toll. More: continued here

Royal Mail’s chief executive, Adam Crozier, is to call for price controls in the market to be lifted after revealing that the company lost £200m on its regulated letters and parcels business last year. More: continued here

Royal Mail’s letters business has plunged into a loss, as the number of items posted plummeted last year and private sector competitors continued to win contracts to collect and sort post for large mail users. More: continued here

PRESS DIGEST – Financial Times – May 9Reuters India, India –8 minutes agoA sharp drop last year in the number of items posted and the impact of competition from the private sector have caused the Royal Mail's [GBPO. … More: continued here

PRESS DIGEST – Financial Times – May 9Reuters –27 minutes agoA sharp drop last year in the number of items posted and the impact of competition from the private sector have caused the Royal Mail's [GBPO. … More: continued here

The “universal” Royal Mail service, which delivers letters anywhere in the country for one price, has made a loss for the first time in 160 years. Chief executive Adam Crozier said that without urgent help, the service will struggle to survive. More:

Royal Mail Postman Dumped Mail In BinsHell Mail, UK –11 hours agoThomas, who had been employed by Royal Mail for just two months was questioned by Royal Mail investigators after residents complained that they had recieved … More: continued here

The Royal Mail’s profits have fallen by almost a third to £162 million, the lowest figure for five years. The letters business recorded a loss of £3 million because of a sharp decline in mail volumes as well as the impact of competition in the postal industry. More: continued here

Royal Mail losses could see rise in stamp pricesTelegraph.co.uk, United Kingdom –1 hour agoBy Harry Wallop and Graham Tibbetts The price of stamps could increase to help shore up finances at the Royal Mail, campaigners warned last night, … More: continued here

The Royal Mail’s profits have fallen by almost a third to £162 million, the lowest figure for five years. The letters business recorded a loss of £3 million because of a sharp decline in mail volumes as well as the impact of competition in the postal industry. More: continued here