Royal Mail may end Saturday postal deliveries as part of potential reforms being considered by the regulator, Ofcom. It led to the UK’s Greeting Card Association (GCA) drafting a letter to MPs, pleading for the plans to be cancelled. The GCA wrote to MPs to warn that the Royal Mail is “sleepwalking” its way into “terminal decline”. David Falkner, boss of Cardology and leading member of the GCA said: “My conclusion is that this is an attempt by Royal Mail to put Saturday and Sunday delivery into a premium se ...

Royal Mail owner, International Distribution Services PLC, on Thursday said it achieved its best Christmas operational performance for four years. The group saw a marked improvement in performance in the three months to December 31 with Royal Mail meeting its customer commitment to deliver items posted by the last recommended posting dates in time for Christmas. Group revenue was up by 9.8% on the previous year, with Royal Mail winning back customers following last year's industrial action. IDS said for the ...

Royal Mail has warned it might need government help to see it through the slump in people sending letters. In its ongoing battle to get its Universal Service Obligation (USO) amended, Martin Seidenberg, chief executive of Royal Mail owner IDS, wrote to Liam Byrne, chairman of the business and trade select committee saying it might need financial help unless there are reforms. Seidenberg warned unless there are changes it will have to “significantly” hike prices or even seek aid from the government through a ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

About this content About Philip Whiterow Philip has more than 20 years' experience writing about companies, general finance and investing matters for a variety of publications. His career has involved spells at the Investors Chronicle, where he was small companies and companies editor, Investors Week and most recently as editor of online financial news wire Sharecast. He has also contributed to a wide range of financial-focused publications on a freelance basis. Read more About the publisher Proactive fi ...

Royal Mail plc (OTCPK:ROYMF) Q4 2021 Earnings Conference Call May 20, 2021 4:00 AM ET Company Participants John Crosse - Director, Investor Relations Keith Williams - Chairman Mick Jeavons - Group Chief Financial Officer Martin Seidenberg - Chief Executive Officer, General Logistics Systems B.V. Simon Thompson - Chief Executive Officer, Royal Mail Nick Landon - Managing Director Mark Livingstone - Chief Executive Officer, Pharmacy2U. John Gallemore - Chief Financial Officer, The Hut Group Conference Call Pa ...

Royal Mail plc Full Year Results 2020-21 Connecting Customers, Companies and Countries 20th May 2021 Disclaimer This presentation contains various statements and graphic representations (together, 'forward-looking statements') that reflect management's current views and projections with respect to future events and financial and operational performance. The words 'target', 'objective', 'growing', 'scope', 'platform', 'future', 'forecast', 'expected', 'estimated', 'accelerating', 'expanding', 'continuing', ' ...

Royal Mail Group Half Year 2020-21 Results 19 November 2020 CONFIDENTIAL Disclaimer This presentation contains various statements and graphic representations (together, 'forward-looking statements') that reflect management's current views and projections with respect to future events and financial and operational performance. The words 'target', 'objective', 'growing', 'scope', 'platform', 'future', 'forecast', 'expected', 'estimated', 'accelerating', 'expanding', 'continuing', 'potential', 'sustainable' an ...