Unite Comment on Royal Mail's Financial ResultsPR Newswire UK (press release), UK –4 hours agoUnite the union, representing managers at Royal Mail has expressed disappointment at the dire financial position of Royal Mail and is calling on the … More: continued here
The price of stamps could increase to help shore up finances at the Royal Mail, campaigners have warned, after the postal company unveiled a slump in its profits. More: continued here
Royal Mail racks up £200m of lossesguardian.co.uk, UK –4 hours agoPhotograph: Nicholas Bailey/Rex Features Royal Mail called today for price controls to be lifted after admitting it is now handling 3m letters a day fewer … More: continued here
The Royal Mail’s profits have fallen by almost one-third to £162m, the lowest figure for five years, it was announced yesterday. The letters business recorded a loss of £3m because of a sharp decline in mail volumes as well as the impact of competition in the postal industry. More: continued here
LONDON (Thomson Financial) – Royal Mail Group, the state-owned operator of Royal Mail and Post Office Limited, made an operating loss of 279 million pounds in the year to March 30, against a 10 million pounds loss last year, after a sharp drop in the number of letters posted. More: continued here
The Royal Mail’s profits have fallen by almost a third to £162 million, the lowest figure for five years. More: continued here
Royal Mail profits fall by 30%The Press Association –2 hours agoThe 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 … More: continued here
Royal Mail’s letters business plunged into loss last year, as the number of items posted plummeted and the state-owned former monopoly paid more than £800m into its pension scheme to reduce a £3.4bn deficit. More: continued here
MSN UK News Royal Mail loses £200m as post bag shrinksTimes Online, UK –2 hours agoRoyal Mail's post bag has shrunk by three million letters a day in the last year, pushing its regulated letters and parcels business into a £200 million …Royal Mail privatisation 'hurts customers'Telegraph.co.ukReport: Britain's Royal Mail in troubleUnited Press InternationalLast post for Royal…
Shake-up on the cards for Royal MailAberdeen Evening Express, UK –May 7, 2008THE Royal Mail is facing a radical shake-up after its services were slammed in a report. An independent panel found that there has been “no significant … More: continued here