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Tag Archives: Royal Mail

Royal Mail makes £1 billion annual loss

Royal Mail makes £1 billion annual loss as postal service is hit by strikes and slump in demand for parcel deliveries By Martin Robinson, Chief Reporter For Mailonline Published: 02:30 EDT, 18 May 2023 | Updated: 03:10 EDT, 18 May 2023 Royal Mail has lost £1billion in the past year, …

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Who owns Royal Mail as CEO resigns?

R oyal Mail will be investigated by the industry watchdog Ofcom after it failed to meet its delivery targets during the past year. The postal service delivered only 73.7 per cent of First Class mail within one day, well short of its 93 per cent target. Ofcom said it would …

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Ofcom launches Royal Mail performance probe

It never rains but it pours for Royal Mail, which is now under investigation by Ofcom over its failure to meet delivery targets. Yesterday, Royal Mail announced that it did not meet its performance targets in 2022/23, which included a period of industrial dispute and 18 days of strike …

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