Royal Mail is the UK’s pre-eminent delivery company and as the sole designated universal service provider, it delivers a ‘one price goes anywhere’ service on a range of letters and parcels to over 30 million addresses across the country, six days a week. It is now nearly five years since Royal Mail was floated on the Stock Exchange. Since then the company has evolved to meet the changing market demands from the growth in parcels and falling mail volumes. Royal […]
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.
Royal Mail has warned that revenue in its UK parcels business was lower than it anticipated in the last three months due to competition in the market for deliveries.
Royal Mail has called the threat of strike action by members of the Communications Workers Union (CWU) “harmful”, ahead of the union’s meeting this week to decide whether a ballot should be held.