Tag Archives: business

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 …

Ian Evans is having problems with a new Royal Mail service. A ‘UNIVERSAL’ parcel pick-up service offered by Royal Mail doesn’t apply to some Inverness-shire postcodes. The service – Parcel Collect – launched last month, was meant to cover the whole of the UK, but potential customers seem to be …

Royal Mail shot to its highest price since February 2019 on Monday, on hopes it could win a £550m government contract against Amazon to deliver 215,000 Covid home-testing kits a day as part of the NHS Test and Trace. Britain’s postal service company rose 8.5p to 261.7p. Adding to optimism is …

Royal Mail and Amazon are scrambling to seize control of Boris Johnson’s “Operation Moonshot” programme to deliver 215,000 home testing kits a day. The duo are this weekend finalising rival bids to win a £550m, one-year contract from the taxpayer to spearhead home testing as part of NHS Test and …

UK extends wage support scheme until March amid new lockdown … the likes of British Airways, Royal Mail and Rolls-Royce all laying off thousands. Source link

On the eve of the third quarter, investors again received good news from Astrazeneca. A final result from in-depth studies of its potential Covid-19 vaccine could be available by the end of this year, says the study’s chief investigator Andrew Pollard. His comments come days after the UK’s health authority, …

And perhaps that is precisely what's behind the latest news from the Royal Mail, the UK's postal service. In one of the biggest changes to its services … Source link

The week was set to start on the gloomy note for the FTSE 100 today after a weekend of worsening Covid-19 infection numbers grip the global markets, outweighing hopes of progress on post-Brexit trade negotiations. Shares managed a decent run on Friday after US pharmaceuticals group Gilead’s Remdesivir won approval …