The delivery service's stock price has fallen dramatically after profits plummeted by 21% More: continued here
Read More »Royal Mail reversal puts Britain’s FTSE under pressure – Reuters UK
euronews Royal Mail reversal puts Britain's FTSE under pressureReuters UKEDINBURGH, Nov 19 (Reuters) – Britain's main equity index snapped a four-day winning streak on Wednesday as heavyweight mining stocks were hit by a fall in iron ore prices and disappointing trading updates from Royal Mail and testing firm Intertek.Wednesday morning …
Read More »Royal Mail delivery 'under threat'
Royal Mail warns that rival firms are endangering its government-mandated Universal Service, which guarantees an affordable postal service nationwide. More: continued here
Read More »Royal Mail reversal puts FTSE under pressure
By Alistair Smout EDINBURGH (Reuters) – FTSE snapped a four-day winning streak on Wednesday as heavyweight mining stocks were hit by a fall in iron ore prices and disappointing trading updates from Royal … More: continued here
Read More »Amazon delivers blow to UK Royal Mail growth prospects
By Neil Maidment LONDON (Reuters) – Online retail giant Amazon's own delivery service will more than halve the growth potential for Royal Mail's parcels business, the former state-owned British company said on Wednesday, sending its shares lower. Parcels make up half of Royal Mail's turnover and the development of online …
Read More »Royal Mail Warns Amazon Deliveries to Cut Size of Parcel Market
Royal Mail Plc, the British postal service that sold stock to the public last year, said first-half profit declined and warned that Amazon.com Inc.’s move to develop its own delivery network will trim the parcel market for other carriers. More: continued here
Read More »Royal Mail reversal puts Britain's FTSE under pressure
Britain's main equity index snapped a four-day winning streak on Wednesday as heavyweight mining stocks were hit by a fall in iron ore prices and disappointing trading updates from Royal Mail and testing … More: continued here
Read More »Royal Mail cuts parcels growth outlook as profit falls – Yahoo News UK
Yahoo News UK Royal Mail cuts parcels growth outlook as profit fallsYahoo News UKLONDON (Reuters) – Royal Mail more than halved the expected growth rate of its UK parcels market on Wednesday for the next two years, due to fierce competition which helped send first-half operating profit down 21 percent. …
Read More »Royal Mail reveals drop in profits
Royal Mail posted a drop in half-year profits today after its parcels arm was squeezed by A mazon's drive to deliver more of its own business. More: continued here
Read More »Royal Mail beats targets for delivery in NP postcode – South Wales Argus
Royal Mail beats targets for delivery in NP postcodeSouth Wales ArgusFor first-class mail, Royal Mail delivered 93.3 per cent the next working day, against a target of 93 per cent, over the six months to 28 September. The second-class mail target was also exceeded, with 98.9 per cent of mail …
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