The consumer delivery subsidiary of Hermes, myHermes, has launched a new international parcel delivery service which aims to support SMEs. The new service will ship parcels to 190 countries including Australia, China and the USA, at prices myHermes said will rival those of its competitors. Sending an individual parcel to Australia would be £12.51 cheaper using the service instead of Royal Mail, said the group, and £1.55 cheaper if sending it to Germany. MyHermes said it wants to challenge the […]
Royal Mail’s privatisation is complete, after the Department for Business, Skills and Innovation (BIS) said it had sold its remaining 14% stake in the business.
Royal Mail offset declining letter volume with its growing parcels operation in a year that saw it surpass the £10bn turnover mark for the first time, but saw pre-tax profit fall by more than a third (37%).