Royal Mail

IPE.com Royal Mail pension deficit hits £4bnIPE.com, UK –6 hours agoUK – Royal Mail has confirmed its pension deficit in accounting terms has increased by more than £1bn (€1.26bn) between March and September 2008, …Posties will be balloted for strikeWarrington Guardianall 2 news articles More: continued here

Metro A right Royal choice to make as the mail service goes into the blackTelegraph.co.uk, United Kingdom –48 minutes agoThe Royal Mail or the Royal Bank of Scotland? By Damian Reece Now that it looks like RBS is going to join the Royal Mail under government control, …Direct mail industry supports Royal …

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