Royal Mail’s painful costcutting programme – which includes thousands of job losses – allowed the business to post an annual profit in all of its divisions for the first time in two decades. More: continued here
Read More »Royal Mail profit doubles (Reuters via Yahoo! UK & Ireland News)
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. More: continued here
Read More »Royal Mail doubles profit despite dwindling post (Times Online)
Profits at Royal Mail doubled to £321 million last year despite a continued fall in the number of letters being posted, in results likely to be seized on by unions who are attempting to stop Government plans to sell a stake in the group. More: continued here
Read More »Royal Mail profits almost double (BBC News)
Royal Mail sees its annual profits almost double, as all four parts of the business went into the black for the first time in 20 years. More: continued here
Read More »Royal Mail profits double (Belfast Telegraph)
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 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 »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 »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 …
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