Royal Mail is to make deeper cost savings across the business, as its half-year results report a 1% rise in group turnover. For the six months ended 25 September, Royal Mail saw group turnover increase from £4.39bn to £4.58bn. Operating profit (before transformation costs) dipped 5% from £342m to £320m, with adjusted pre-tax profit up 5% from £240m to £252m. UKPIL, the group’s domestic letters and parcels division, saw turnover dip 1% to £3.64bn and operating profit (before transformation costs) drop 14.8% from £290m […]
TNT Post said it will work with Royal Mail to ensure that final mile deliveries continue, following a vote which saw the majority of union members at Royal Mail support a boycott of competitors’ mail and packet deliveries.
Industrial action at Royal Mail appears to be off the table after managers were offered an improved pay deal.
Retailer Marks & Spencer has confirmed that DHL is to handle the collection and delivery of goods into its new Castle Donington warehouse in the East Midlands when it opens this spring.