Royal Mail is legally obliged to deliver post anywhere in the UK for the same price. It has seen its profits slump after Amazon shook up the parcels market by setting up its own delivery network. More: continued here
Read More »Royal Mail Profits Plunge 21% as it Warns of Amazon Offensive – International Business Times UK
International Business Times UK Royal Mail Profits Plunge 21% as it Warns of Amazon OffensiveInternational Business Times UKRoyal Mail has reported a profits drop of 21% for the first half of the year ending in September amid loss of its share of the growing online parcel delivery market. Operating profit …
Read More »Royal Mail Shares: Christmas Can't Come Soon Enough as Amazon Delivers Parcels Blow
Royal Mail needs Santa to deliver them something special this Christmas. Though they'd probably rather he paid them to do the delivering this year. More: continued here
Read More »Areva, Royal Mail shares slump
Shares in French nuclear giant Areva and British postal operator Royal Mail sank Wednesday in an otherwise calm day for European stocks, as the euro rose against the dollar. London's benchmark FTSE 100 index slid percent to stand at 6,703.99 points in afternoon trading. The European single currency increased to …
Read More »Royal Mail plummets as Amazon drive stamps on parcels growth – Evening Standard
Evening Standard Royal Mail plummets as Amazon drive stamps on parcels growthEvening StandardThe City, however, thought otherwise, with IG Index's market analyst Chris Beauchamp saying: “The spectre of Amazon looms large, casting a shadow on Royal Mail's numbers. Amazon is likely to become a permanent fixture in Royal Mail's reporting.” … …
Read More »Royal Mail PLC Faces Amazon Competition, Shares Fall – ValueWalk
ValueWalk Royal Mail PLC Faces Amazon Competition, Shares FallValueWalkAmazon.com, Inc. (NASDAQ:AMZN)'s recently-launched delivery service could single-handedly dent Royal Mail's business by as much as 2% in the short term. Royal Mail PLC (LON:RMG) (OTCMKTS:ROYMY) posted disappointing half-year results and …Royal Mail PLC Rating Reiterated by Investec (RMG)WKRB NewsRoyal Mail PLC Receives …
Read More »Royal Mail profits hit as it is swamped by Amazon network – Financial Times
Royal Mail profits hit as it is swamped by Amazon networkFinancial TimesRoyal Mail's attempts to overhaul its business since privatisation last year faltered as it revealed a 21 per cent drop in first-half operating profits amid stiff competition from Amazon's new delivery network. The FTSE 100 company placed parcels … …
Read More »Milnthorpe post office to relocate
MILNTHORPE Post Office is to move next February from its Park Road premises to the nearby McColl's convenience store at The Square. More: continued here
Read More »Australian TV host puts ‘stanky’ suit up on eBay for auction – Today.com
Parcel2Go.com Australian TV host puts 'stanky' suit up on eBay for auctionToday.comEarlier this week, the world outside of Australia got to know morning show host Karl Stefanovic and his much-worn navy blue suit. Now, the suit itself has taken the stage. The eBay stage, that is. Stefanovic has put the …
Read More »Can Royal Mail survive in the private sector?
Royal Mail is facing tough competition in the parcel delivery business which is hitting profits More: continued here
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