Royal Mail’s planned privatisation will go ahead with the sale of shares through an initial public offering (IPO) this year, the government has revealed. Business secretary Vince Cable told MPs that the IPO will include both a retail offer to allow large investors and members of the public to buy shares in the operator, along with an employee share scheme. Royal Mail employees will be allocated 10% of the shares and will be required to maintain them for at least […]
Royal Mail has confirmed CEO Moya Greene will retire in September, with the boss of its GLS division taking her place from 1 June.
Parcel carriers FedEx, Royal Mail and DHL have been named among the top 20 Business Superbrands in the annual Superbrands list.
Royal Mail missed its first class mail delivery target last year, after it experienced final mile delivery difficulties during the Olympic and Paralympic Games, as well as the wintery weather throughout January, February and March.