Royal Mail cuts parcels outlook as profit fallsRTE.ieBritain's Royal Mail more than halved the expected growth rate of its UK parcels market for the next two years, due to fierce competition which helped send first-half operating profit down 21%. Parcels make up half of Royal Mail's turnover and its … More: continued here
AOL Money UK Updates from Royal Mail, Carillion and Utility WarehouseAOL Money UKWe start with Royal Mail and a 21% slump in profits – from £233m a year ago to £218m for the six months up to September. UK costs were flat on an underlying basis and Royal Mail says it's expecting a similar performance…
Royal 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. More: continued here
Royal Mail profits hit as Amazon expansion leaves it in the shadeFinancial TimesRoyal Mail's attempts to overhaul its business in the year since privatisation faltered as it revealed a 21 per cent fall in first-half operating profits due to stiff competition from Amazon. The FTSE 100 company placed its parcels division at the … More:…
Oscar Pistorius's defence team has filed court papers opposing the State's appeal against his culpable homicide conviction and sentencing. Thinking about moving into a retirement village in your golden years? There are a number of factors to consider before buying… More: continued here
The Michigan Daily Famed Art Editor of The New Yorker to speak at Penny StampsThe Michigan DailyThursday, Mouly will give a Penny Stamps lecture in which her love of print publishing and the comics medium will serve as focal points to encourage future generations to push boundaries and recognize opportunities to keep print publishing thriving.and…
Evening Standard Royal Mail profits fall as Amazon steps up the pressureEvening StandardRoyal Mail halved the expected growth rate of its UK parcels market to 1-2% to due to fierce competition. The group, sold off by the government in October 2013, said operating profit before transformation costs for the six months to September 28 fell…
Royal Mail PLC (LON:RMG) is dreaming of a busy Christmas period to boost its fortunes. More: continued here
The delivery service's stock price has fallen dramatically after profits plummeted by 21% More: continued here
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 markets round-upManchester Evening NewsMiners slow…