TNT UK remained loss making in its most recent trading period once the one-off gain from the sale of its Business Solutions division is stripped out, its latest accounts show. The accounts for the year to 31 May also provide further guidance suggesting the cost of the cyber attack that crippled its operations in June 2017 to the business was in the millions. TNT UK said the NotPetya cyber-attack that involved the spread of a virus via a Ukranian tax […]
TNT reduced its pre-tax loss and saw its global revenue rise in its final full financial year ahead of its €4.4bn (£3.2bn) purchase by FedEx.
Unite has criticised Royal Mail for refusing to up a proposed pay increase, despite reporting a £608m profit in its latest results.
The financial standing system should be completely reviewed when the UK leaves the EU, according to the FTA.