Communications watchdog Ofcom has launched an investigation into postal service and courier company Royal Mail‘s failure to meet its delivery targets over the last twelve months. According to Ofcom rules, Royal Mail must deliver 93% of first class mail within one working day of collection and 98.5% of second class …
Read More »Royal Mail plc Proposes Final Dividend for the Fiscal Year 2021-22, Payable on September 6, 2022
Royal Mail plc announced that The Board is proposing a final dividend of 13.3 pence per share. Combined with the interim dividend of 6.7 pence per share paid in January 2022, this gives an ordinary dividend for Fiscal Year 2021-22 of 20 pence per share, and is in line with …
Read More »Royal Mail wants to use 500 drones to deliver mail the UK
In the next three years, the Royal Mail hopes to have 200 drones that will help carry mail to up to 50 new routes including the Isles of Scilly, Shetland Islands, Orkney Islands and the Hebrides, being the first to receive such service. Still needing approval from the Civil Aviation Authority …
Read More »Is there post on Good Friday and Easter Monday?
14 April 2022, 15:25 Here’s which delivery services are working this Easter weekend. Picture: Getty Images/Alamy Is Royal Mail delivering on Good Friday and will there be post? Here’s what we know… The Easter 2022 weekend is finally here, with many of us bagging an extra two days off work. …
Read More »Do Royal Mail deliver on Good Friday and Bank Holiday Monday?
14 April 2022, 12:21 Here’s how the Royal Mail delivery times are affected by the Easter weekend. Picture: Getty Here’s how the Easter weekend affects postal services from the Royal Mail and Post Office, including collections and delivering. With a four-day weekend for Easter 2022 to enjoy there also comes …
Read More »Royal Mail : rolls out new fully automated parcel sorting machine in Southampton
A new fully automated parcel sorting machine which can process 157,000 parcels per day has been installed by Royal Mail in Southampton. The parcel sorting machine – officially opened by Paul Holmes, MP for Eastleigh – is an intelligent system of conveyor belts and scanning technology that automatically sorts parcels …
Read More »Sunday newspaper round-up: Biden, Beer, Royal Mail
The White House clarified comments from Joe Biden who earlier had called for Russian President Vladimir Putin’s ouster. In a speech delivered in Poland, Biden said: ““For God’s sake, this man cannot remain in power.” A spokesman for the White soon after stated that US leader was not talking about …
Read More »Royal Mail : launches feature for posties to capture photos on delivery
Royal Mail is rolling out a new feature across the UK, offering photos taken by posties at the delivery address as confirmation of delivery for its customers using Royal Mail Tracked services*. The feature will give Royal Mail’s sending and receiving customers increased visibility of how and where mail is …
Read More »Credit Suisse downgrades Royal Mail, highlights parcel volume risks
Credit Suisse downgraded Royal Mail on Thursday to ‘underperform’ from ‘neutral’ and cut the price target to 345p from 558.11p, citing 10% potential downside. The bank pointed to downside risk to consensus parcel volume expectations of +3% in 2022-23 as it believes only a partial normalisation of online shopping habits …
Read More »Royal Mail : Quality of Service Q3 2021-22
In the third quarter of the year leading up to 5 December 2021, Royal Mail delivered 93.8 per cent of Second Class mail within three working days. The Company delivered 76.8 per cent of First Class mail the next working day with 92.5 per cent delivered within two days. While …
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