The Royal Mail’s profits have fallen by almost a third to £162 million, the lowest figure for five years. The letters business recorded a loss of £3 million because of a sharp decline in mail volumes as well as the impact of competition in the postal industry.
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[ad_1] From July 31, non-barcoded stamps will not be accepted and anyone sending mail with them could be surcharged, details of how much that could be will be released nearer the times. Customers who cannot use any non-barcoded stamps before 31 July will still be able to swap non-barcoded stamps for barcoded stamps through Royal…
Financial News Banking quartet picked to deliver Royal Mail floatFinancial NewsUBS's decision last year to pass up a role advising the UK's Shareholder Executive on the privatisation of Royal Mail, in favour of landing a potential spot on an IPO, was vindicated today as it was named as one of the lead banks on the…
The Business Secretary faces questions over NAO report that that the taxpayer lost out on hundreds of millions of pounds in the historic privatisation. More: continued here
[ad_1] They got me. To reassure you, I was lucky: I didn’t lose a grand sum, but I came seriously close to something bad. Here’s how it unfolded, with all the shame, guilt, and embarrassment thrown in. The UK is the bank scam capital of the world, and now I know why. You don’t fall…
Guards at Britain’s Buckingham Palace have shagged golf balls for Prince Andrew and tiptoe past his father’s open window, according to the Mail on Sunday.The new batch of insider revelations comes from court documents and sources that also report the queen herself has a rubber duckie for the royal tub that has a little gold…
Chloe's right royal mailSidmouth HeraldChloe, a budding royalist, also told the Queen about Sidmouth's royal wedding party last year and upcoming jubilee celebrations. In response, she received a personal card and letter from Buckingham Palace embossed with the ER royal insignia and signed … More: continued here