PostNord Q1 profits and revenues fall

28 April 2022 Transport / Logistics Services Parcel and mail volume drops led to a fall in revenues and profits at PostNord in the first quarter of 2022. Sales dropped by 6% to SEK 9772 million (£798 million) and profits fell significantly from SEK 878 million (£71.7 million) in 2021 to …

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FTSE350: Passengers still dragging their feet

Transport groups are having a bumpy time of it – particularly those carrying people rather than freight. Bus companies continue to lean heavily on emergency government loans as passengers drag their feet, and rail revenue is lagging behind 2019 levels by 40 per cent, according to the Office of Rail …

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CDC schemes set to report on their ‘ongoing viability’

The government’s response to the fourth recommendation of the Work and Pension Committees’ (WPC)  24 design reforms laid down in January – published yesterday (27 April) – addressed the question of whether it would publish a framework for assessing the success of the Royal Mail CDC scheme and other early schemes. …

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Young people are officially more likely to fall for scams

There’s a common misconception that most scam victims are elderly people who are all too eager to reply to emails from mysterious ‘Nigerian princes’ promising them 30 million pounds if they just send over their bank details. But this isn’t the case: research published by Visa in 2021 found that, …

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