Tag Archives: Royal Mail

Royal Mail has warned the prices of letters, parcels and stamps are likely to rise again due to soaring inflation, wages, energy and fuel pressures. The group said it was facing “significant headwinds” and revealed plans to ramp up cost cutting. It is the latest UK company to admit it …

Royal Mail has said it will need to raise its prices and cut costs due to rising inflation and weak economic growth. In its full-year results for the 52-week period ended March 2022, the postal operator achieved revenue of £12.71bn, up 0.6% on the £12.64bn it achieved a year …

Royal Mail has admitted it is at a ‘crossroads’ and needs to urgently transform its operations if it is to survive and thrive in post-pandemic Britain. Parcel demand and profits have fallen at the group over the past year and boss Simon Thompson’s proclamation that ‘we have no time to …

Royal Mail has announced stamp costs are likely be raised again due to a post-lockdown slowdown and the surging costs of energy and fuel. The announcement comes on the heels of the last stamp price hike that went into effect on April 4. The postal service blamed ‘significant headwinds’ and …

Consumer confidence fears hit shares Signs that US consumers have reined in spending on “big ticket” items triggered another exodus from shares today. Tesco and B&Q owner Kingfisher were among stocks 4% lower in London as the FTSE 100 index tumbled 2% in response to a bleak session on Wall …

It is a fresh blow for millions of consumers who are already facing huge increases in the cost of living, including rocketing energy and fuel bills. Mr Williams also said a temporary boost during the pandemic, when millions of consumers in lockdown turned to online shopping and fuelled demand for …

1652946514 FTSE 100 down 1%, Royal Mail off 6% The FTSE 100 index is down by more than 1% after US markets slumped last night on consumer confidence fears sparked by weak updates from retailers Target and Walmart. Shares in Tesco and B&Q owner Kingfisher fell 4%, while consumer goods …

By Joe Hoppe Royal Mail PLC is scheduled to report results for fiscal 2022 on Thursday. Here’s what you need to know: REVENUE FORECAST: The U.K. postal company is expected to report revenue for the year ended March 27 of around 12.83 billion pounds ($16.03 billion) according to a consensus …

When will Royal Mail release FY2022 earnings? Royal Mail is scheduled to publish full year results covering the 12 months to the end of March on the morning of Thursday May 19.   Royal Mail FY earnings preview Royal Mail shares have lost around one-third in value since the start …

A postman has been filmed kicking a dog across a driveway as Royal Mail insists its staff are coming under increased attack from pets. Footage captured on a Ring doorbell camera shows the postman delivering a parcel to a teenage girl at an address in Greater Manchester. As the child …