Home / Tag Archives: Royal Mail (page 240)

Tag Archives: Royal Mail

Royal Mail to Consider Separation of GLS

By Kyle Morris Royal Mail PLC said Wednesday that it will consider the separation of its namesake Royal Mail business and GLS if it can’t achieve significant operational change at Royal Mail in the U.K. The British letter-and-parcel courier said it will rename the holding company to International Distributions Services …

Read More »

Royal Mail ponders break up as it loses £1m a day

It is threatening a break up of the business which can trace its history back to 1516. Postal workers, among the feted heroes of the Covid crisis, voted yesterday for industrial action after refusing a 5.5% pay rise. Today the business said it had lost £92 million in the quarter …

Read More »

Royal Mail PLC 1Q Revenue Down 11.5% Year on Year

By Kyle Morris Royal Mail PLC said Wednesday that its fiscal first-quarter group revenue fell 11.5% on year and that it was committed to reaching an agreement with a union after a ballot on strike action on Tuesday. The British letter-and-parcel courier said revenue for the three months ended June …

Read More »