Growth in Royal Mail’s parcels division is disappointing in the context of a booming e-commerce market, according to an industry researcher. The comment came after its annual results showed increased business performance at Royal Mail was reliant on its growing overseas division. The operator saw both turnover and volumes for its UK parcels division increase by 3% year-on-year for the year ended 26 March 2017, despite an overall decline in UK turnover. David Jinks, head of consumer research at Fastlane […]
TNT Post has begun extending its end-to-end service in London and is seeking investors to fund the roll-out of the offer across the UK.
Royal Mail expressed its disappointment today after members of the Communication Workers Union (CWU) unanimously voted in favour of holding a national strike ballot this year.
Rising parcel volume almost offset the fall in Royal Mail’s letters volume, a trading statement for the nine months ended 27 December 2015 said.