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
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
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
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
Leyland postal training firm wins Postcomm licenceThis Is Lancashire, UK –17 hours agoPeoplePost will join existing licence holders Royal Mail, TNT, DHL and UK Mail in the recently liberalised marketplace. Postal licences are valid for a … More: continued here
ITN Royal Mail calls for end to price controls after profits collapseIndependent, UK –3 hours agoBy David Prosser, Deputy Business Editor Royal Mail's chief executive, Adam Crozier, is to call for price controls in the market to be lifted after …End to daily rounds debated as Royal Mail drops into redScotsmanRoyal Mail demands cash after £279m lossTimes…
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