Tag Archives: postal service

A family have found themselves on a naughty list this Christmas, after leaving a “rude” note for their postman, accusing him of pretending to attempt to deliver their parcels. Postman Dave, whose name has been changed for his privacy, found a handwritten note on the front door of one of …

The U.K.’s postal delivery service was outshining the FTSE 100 index on Thursday, after Royal Mail reported better-than-expected results, with home builders also rising, though energy companies were tugging at the downside as oil prices fell. The FTSE 100 index UKX, -0.48% dipped 0.2% to 7,629, losing around 1% for …

By Jaime Llinares Taboada Royal Mail PLC said Thursday that its adjusted operating profit for the first half ending Sept. 30 is expected to be between 395 million and 400 million pounds ($537.9 million-$544.7 million). The company said that both the adjusted operating profit and margin of its Royal Mail …

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 …

Employing over 600,000 workers and handling 48 percent of the world’s mail volume, the United States Postal Service (USPS) is the world’s largest mail carrier service. In the context of the COVID-19 pandemic, postal workers join all logistics workers in playing an ever more “essential” role, as they deliver food, …

Royal Mail shares stumbled on Thursday, as the postal delivery firm outlined its new restructuring plan that could cost 2,000 jobs. Royal Mail shares RMG, -12.23% dropped 10% as the company said it expects to be loss-making this year and not to pay a dividend. The job cut plan by …

Royal Mail has said it will increase the price of first-class and second-class stamps. The postal firm said the price of a first-class stamp would jump 6p to 76p and the price of a second-class stamp would rise 4p to 65p from 23 March. The company said the price increases …

Royal Mail’s first stamp issue of the new decade highlights landmark British video games. The postal service packs 12 iconic titles into a collection celebrating classic UK-designed games “that put the ‘joy’ in ‘joystick.’” Selected with the Association for UK Interactive Entertainment (UKIE), video game journalist Julian Rignall, and Bitmap …

A review commissioned by the U.K. government is proposing far-reaching changes to the country’s audit sector amid concerns about conflicts of interest, the quality of audits and the structure of the industry. The 135-page report by Donald Brydon —the former chairman of various British companies including London Stock Exchange Group …

Royal Mail workers have voted to strike over job insecurity and employment terms and conditions, raising fears there could be walkouts in the run-up to Christmas. Communication Workers Union (CWU) members backed industrial action by 97% in a turnout of almost 76%. The vote could potentially lead to the first …