Whistl has confirmed that it will be ending its final mile delivery service, which it suspended last month. Whistl, previously known as TNT Post, said in May that 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. The company had been increasing coverage, expanding its service in Liverpool last year, as it sought to create an […]
Royal Mail CEO Moya Greene is rumoured to be preparing to step down, with the head of the business’s GLS division tipped to fill her shoes.
The big event for the MT basket of transport shares – the MT Tracker – is that Royal Mail will be joining this watching brief from tomorrow. The BBC is already reporting this morning that shares will trade at the top of the price range (around 330p) giving it a value of £1.7bn.
Royal Mail has settled its long-running dispute with members of the Communication Workers Union (CWU).