Royal Mail’s Mark Higson will step down from his role as MD operations and modernisation later this year in a move that will see a number of new roles created. Higson will be replaced by Sue Whalley, who will take up the newly created role of chief operations officer. The current director of regulation, pricing and government affairs played a key role in the recent privatisation of the company and will focus on improving safety, quality, culture and efficiency in […]
Last week the MT Tracker took a break – to compile the MT Top 100 – look out for it at the end of November. It’s no secret that our big six make the Top 100, but as for exactly where you’ll have to wait until 18 November. In the meantime, we welcome Royal Mail out of the clutches of the government and onto the Stock Exchange (and the MT Tracker) and we’ll take a look at its share price […]
Royal Mail Group has warned of overcapacity in the parcel market, which is leading to downward pressure on pricing, despite it handling over one billion items in a financial year for the first time.
Royal Mail is to make deeper cost savings across the business, as its half-year results report a 1% rise in group turnover.