Home / Royal Mail / Royal Mail parcel revenues hit as competition bites

Royal Mail parcel revenues hit as competition bites

By Neil Maidment LONDON (Reuters) – Britain's Royal Mail said growing competition had cut its revenue expectations from parcel deliveries, leaving it reliant on tight cost control and its traditional letters business to hit full-year profit forecasts. Parcel deliveries account for about half of Royal Mail's turnover and its growth in an industry buoyed by online shopping is a key investment …

More: continued here

About admin

Check Also

Meghan in her element!: Duchess of Sussex dutifully poses for selfies with excited children alongside Prince Harry as couple’s quasi-royal tour of Nigeria continues

The Duchess of Sussex was described by one child as ‘literally so nice’ By Ryan …

Leave a Reply

Your email address will not be published. Required fields are marked *