Royal Mail’s overseas division was still driving business growth in Q1 of its financial year, as letter volumes continued to plummet. For the three months ended 25 June, the first quarter of Royal Mail’s financial year, the group saw turnover growth of 1%. Its UK letters and parcels division, UKPIL, suffered a 1% turnover drop, while its overseas GLS grew revenue by 6%. Within UKPIL parcels volumes grew 5%, which the group said was driven by new contracts and growing […]
Today Wincanton posted what its MD Eric Born (pictured) called a “boringly predictable” set of half year results, with a 1.6% decline in group turnover and a 2.6% increase in operating profit.
The transport sector is guilty of paying men more than women, with nine of the top 10 companies in the MT Top 100 reporting a gender pay gap.
Price increases and a rise in parcel volumes have contributed to Royal Mail Group’s continuing rise in annual profit and turnover, the firm said today.