Royal Mail reports surge in parcel revenue


Parcel revenue at Royal Mail increased by 29.7% in the three months to December compared to the same period in 2019/20 with volumes rising by 15%, it said in a trading update. However, staff absences in January peaked at 15,000 due to Omicron – twice the pre-Covid level – although it said the situation was now improving. Domestic parcel revenue grew by 43.9% during the quarter and declined by 4.9% year on year and there was a similar picture with […]