Royal Mail struggles to deliver as competition for parcels growsFinancial TimesRoyal Mail has reported weaker than expected performance in UK parcels and warned that it faces “increasing challenges” in that crucial battleground, sending its share price down to its lowest level since October's flotation. Moya Greene, chief … More: continued …
Read More »Severn Beach Post Office to be relocated
THE POST Office in Severn Beach is set to relocate to the McColls convenience store as part of a major, national, modernisation programme. More: continued here
Read More »Another Lancaster seat on epic UK flight offered on eBay – Toronto Star
Toronto Star Another Lancaster seat on epic UK flight offered on eBayToronto StarA spokesperson from the Canadian Warplane Heritage museum, which owns the famous war bird, said on Monday that another ticket or two will be auctioned off on eBay for the England-to-Hamilton leg of the journey, planned for the …
Read More »Royal Mail share price falls as Amazon parcel rethink hurts revenue – The Guardian
The Guardian Royal Mail share price falls as Amazon parcel rethink hurts revenueThe GuardianIn a trading update that comes two days ahead of Royal Mail's shareholder meeting, the first since the 500-year old postal service was privatised last year, chief executive Moya Greene said the business is facing intensifying competition, …
Read More »Royal Mail PLC Dips On Warning Of Lower-Than-Expected Parcels Revenue
Royal Mail PLC (LON:RMG) hopes overall performance for full year will remain in line with guidance. More: continued here
Read More »Royal Mail Shares Dip as Finances Hit by Falling Parcels Revenue
Royal Mail shares tumbled in early London trading on 22 July after it said increasing competition in the UK parcels market means it may not hit its full-year financial targets. In an interim statement, Royal Mail said its group revenues were up 2% but that its UK parcels revenues had …
Read More »Royal Mail Share Price Falls After Warning Of Lower Revenues
Royal Mail shares have fallen to their lowest level since their controversial privatisation last autumn after the group warned that aggressive competition meant parcels revenue for the full year would be lower than expected. The stock, which has been steadily declining since a peak of more than £6 in February, …
Read More »Mail shares dive on parcels warning
Royal Mail shares have fallen to their lowest level since their controversial privatisation last autumn after the group warned that aggressive competition meant parcels revenue for the full year would be lower than expected. More: continued here
Read More »Royal Mail share price falls on parcel revenue warning – CITY A.M.
CITY A.M. Royal Mail share price falls on parcel revenue warningCITY A.M.Greene acknowledges that Royal Mail faces "increasing challenges" in this key market, signalling that "parcels revenue for the year is likely to be lower" than Royal Mail had expected. The company hopes to offset that downturn with initiatives launched …
Read More »Ann McKechin: Royal Mail sell off by Tories shortchanged the British taxpayer – Scottish Daily Record
Ann McKechin: Royal Mail sell off by Tories shortchanged the British taxpayerScottish Daily RecordTHIS month, the Business, Innovation and Skills committee of which I am a member, issued a highly critical report that concluded that taxpayers lost out on £1.4bn in last year's sell off of Royal Mail because the …
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