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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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