Analysts have reacted cautiously to Royal Mail’s year end results, which saw the group’s turnover grow 2% year-on-year but annual profit fall by more than a third (37%). Brokerage Jefferies said the group was underperforming and estimated operating expenses would remain stable at best despite a cost drive. It added that much of the business’s future cost avoidance target of £230m rested on the success of a trial of a reduced working week agreed in the new pay and pensions […]
Parcel carriers FedEx, Royal Mail and DHL have been named among the top 20 Business Superbrands in the annual Superbrands list.
Whistl has become the first company to secure a postal contract with the Government of Northern Ireland which will see it process 20m items of mail a year.
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.