Royal Mail’s share price has continued to climb since conditional trading began on the London Stock Exchange on Friday (11 October). Share prices began at 330p at 8am on Friday morning, but had soared to 455p by the end of the day. Over 224.5 million shares were traded on the opening day. The share price has also continued to rise this week, reaching 475p and 489p when trading closed on Monday and Tuesday respectively. Yesterday (15 October), full trading on […]
A quarter of SME online retailers plan to focus on improving their delivery and returns processes in 2013 as the sector becomes more competitive. A study commissioned by Royal Mail revealed that small online retailers will prioritise improving their delivery and returns services above improving the range and quality of products they sell and pricing more competitively. Over half of the small e-tailers questioned saw an increase in sales last year. Some 64% are confident that sales will rise in […]
TNT Post UK has secured funding to roll-out a final mile delivery service across the UK, in a bid to rival the service currently provided by Royal Mail.
The Communication Workers Union (CWU) has said a 24-hour strike at Royal Mail and Parcelforce will take place on Monday 4 November if an agreement is not reached over pay, job security, and terms and conditions.