Royal Mail's Universal Service posts major lossesPrintWeek, UK –30 minutes agoRoyal Mail boss Adam Crozier has called for a new debate on funding of the operator’s Universal Service obligation after it posted its first ever loss. … More: continued here
Read More »Royal Mail’s ‘one price goes anywhere’ postal service losing money for the first time since the Penny Black 160 years … (Evening Standard)
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:
Read More »Royal Mail’s Universal Service posts major losses (PrintWeek)
Royal Mail boss Adam Crozier has called for a new debate on funding of the operator’s Universal Service obligation after it posted its first ever loss. More: continued here
Read More »Earnings fall at Royal Mail – Edinburgh Evening News
Earnings fall at Royal MailEdinburgh Evening News, UK –1 hour agoPROFITS at Royal Mail have fallen by almost a third to £162 million, its lowest figure for five years. The letters business recorded a loss of £3m after a … More: continued here
Read More »Royal Mail's 'one price goes anywhere' postal service losing money … – This is London
Royal Mail's'one price goes anywhere' postal service losing money …This is London, UK –6 minutes agoThe "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. … More: continued here
Read More »Royal Mail losses widen – Investment Markets
Investment Markets Royal Mail losses widenInvestment Markets, UK –8 minutes agoIn the last 12 months, Royal Mail has experienced a decline in the amount of letters posted which has driven its regulated letters and parcels business into … More: continued here
Read More »Business In Brief – Glasgow Daily Record
Business In BriefGlasgow Daily Record, UK –55 minutes agoTHE Royal Mail's profits have fallen by almost a third to £162million, the lowest figure for five years, it was announced yesterday. … More: continued here
Read More »Forcing businesses to use Welsh would be unhelpful – ic Wales
Forcing businesses to use Welsh would be unhelpfulic Wales, United Kingdom –22 minutes agoOne of those affected, the Royal Mail, said it “did not expect the new arrangements to cause us any significant problems”, a sign that this is not exactly a … More: continued here
Read More »KILL THE COMPETITION: £9bn Energy bid … Repossessions soar … – Times Online
KILL THE COMPETITION: £9bn Energy bid … Repossessions soar …Times Online, UK –4 minutes agoThe Independent: Royal Mail is to call for price controls to be lifted after revealing that it lost £200 million on its regulated letters and parcels … More: continued here
Read More »Degree may be lost in the post – South Manchester Reporter
Degree may be lost in the postSouth Manchester Reporter, UK –18 hours agoA STUDENT claims a Royal Mail backlog could cost him a grade in his final exams. Rob Cooper, a law with politics student at Manchester University, … More: continued here
Read More »