Britain privatized its Royal Mail in 2013, proceeding with an initial public offering of shares that raised about $2.7 billion. The government pursued the reform because the company faced falling mail volume, and it needed to reduce costs and increase innovation.
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Marketing Week Ofcom:'Royal Mail should be free to increase DM prices'Marketing WeekRoyal Mail should be free to increase the prices it charges direct marketers to deliver their bulk and business mail but only if it makes efficiency improvements, according to the postal regulator. Ofcom, which assumed oversight of postal and mail … More: continued here
[ad_1] Monday 30th March 2020 00:45 BST Sky News has seen a letter sent on Sunday by Sir Stelios Haji-Ioannou to John Barton, the low-cost carrier’s chairman, which said he would call an extraordinary shareholder meeting every seven weeks to remove one of its non-executive directors. Along with other family members, Sir Stelios owns just…
[ad_1] Ofcom could fine Royal Mail after it failed to deliver on postal targets across the whole of the UK this summer. [ad_2] Source link
expressandstar.com Mail strikes spawn cheaper rivalsTimes OnlineTHE deal to suspend postal strikes has come too late to save Royal Mail from a new wave of competitors. Private post and courier firms promising faster and …Mail firm on the up thanks to post strikeexpressandstar.comall 2 news articles » More: continued here
Shame of debt-ridden postman who stoleSouth Devon Herald Express, UK –5 hours agoIan Tucker, 41, of Westhill Road, Torquay, was finally caught after Royal Mail became suspicious of his conduct in April, South Devon magistrates sitting at … More: continued here
Officers swooped on three squats across the capital just 24 hours before William and Kate marry at Westminster Abbey. More: continued here