Tag Archives: business

During an exclusive interview with the Telegraph in October, Mr Williams said: “We have challenges, but we have a fantastic opportunity here too in the growing customer demand for parcels. If we can adapt our business quickly enough, we will be well positioned to meet our customers’ demands. “If we …

Good morning. Retail data dominates the agenda today, with sales figures for November due out at 7am. They’re expected to show a contraction in spending last month, with a large number of retailers closed due to heightened restrictions in much of the UK. It’s scheduled to be quiet on corporate …

City cabbies in aid plea City cabbies in aid plea INVERNESS taxi drivers are turning to courier driving for companies such as Amazon to make ends meet during the Covid crisis. Others have taken part-time Christmas jobs with the Royal Mail as their regular night-time and tourism trade has dried …

Royal Mail is raising the price of a first-class stamp by an inflation-busting 9p to 85p. That means prices will have jumped by 21% since March. As a result, a first-class stamp will cost more than double what it did in 2010. The increase will take effect on 1 January, …

In London, equity markets rose solidly as investors continued to rotate away from lockdown winners and into neglected energy, aviation and travel stocks. BP and Royal Dutch Shell both jumped against the improving demand backdrop, with the former closing up 21.4p at 274.8p. Shell rose 73.4p to £13.26, with the …

Despite the promise of a vaccine to fight off coronavirus giving the world cautious hope, the economic impact of the health crisis is still being measured. Dozens of Edinburgh businesses have been forced to close for good despite government financial support, leaving many locals out of work and unable to …

High street retailers and websites in the UK are returning to traditional catalogues and leaflets to grab the attention – and spending power – of shoppers stuck at home during the biggest shopping period of the year. With most stores closed and a large proportion of people working from home, …

It’s a triumph. Instead of losing £1m a day in its core UK business, which was the statistic in June, Royal Mail got the rate down to an average of £700,000 a day across the April to September period. If that doesn’t sound much to cheer, look at the share …

Royal Mail’s revenue from parcels has overtaken its revenue from letters for the first time as online shopping has surged during Covid-19 restrictions. Parcel deliveries accounted for 60% of the company’s revenue, up from 47% before the pandemic. The postal service’s revenue grew by 5% year on year in the …

An expensive phone that I bought on eBay, and returned because it was faulty, has been lost in transit and, although everyone agrees I should get my money back, eBay, PayPal and Royal Mail are all refusing to take responsibility. I bought the LGG8s ThinQ mobile phone for £345.99. The …