As many as 2,000 Whistl employees in the UK are facing the threat of redundancy, after the company took the decision to suspend its final mile delivery service. Whistl, previously known as TNT Post, said it had made the “difficult decision” to suspend the service in London, Manchester and Liverpool, after potential investment partner LDC, a branch of Lloyds Banking Group, decided against funding the company’s expansion plans, late last month. The operator said: “Following the announcement from LDC that […]
DHL, FedEx and Royal Mail have been named among the top 20 strongest business brands for the second year running in the annual ‘Superbrands’ league table.
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 […]