Royal Mail Group has turned a loss into a profit in its UK letters and parcels arm as it revealed details behind its strategy to develop into a more parcels-focused business ahead of its planned privatisation. The Group’s first half profit for the six months ending 23 September leapt to £99m, from a loss of £41m in the same period a year ago. This came mainly as a result of a 5.6% rise in parcel volumes which now accounts for […]
The Communication Workers Union (CWU) has warned that strike action at Royal Mail and Parcelforce is possible from 10 October if union members vote in favour of it later this month.
An inquiry is to be held by MPs in the Transport Select Committee into local decision-making on transport expenditure.