Royal Mail has revealed that its UK operation saw a 2% year-on-year decline in turnover in the first quarter of its financial year, just a day after reports that the company submitted an objection to an ongoing Ofcom investigation into its pricing regulations emerged. While the revenue in UKPIL, Royal Mail’s post and parcel operation in the UK, was subject to decline, turnover at GLS, its international operation, saw an 8% rise. Parcel revenue within the group saw a 2% […]
Ballyvesey Holdings saw a fourfold profits fall in 2019 in what the company described as a “difficult” year in an intensely competitive market.
Wincanton saw revenue grow by 1.7% to £1.2bn in the year ending 31 March 2021, fuelled by strong performances in digital and e-fulfilment and new wins in the public sector.
The Royal Mail board has approved the agreement broached with the Communication Workers Union to end a long-running battle over pay and pension reform.