Turnaround begins to pay off after April takeover by Czech billionaire
Turnaround begins to pay off after April takeover by Czech billionaire
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Postal service to stop second-class Saturday deliveries in radical overhaul
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Royal Mail is under increasing pressure to improve service levels following an Ofcom investigation
Royal Mail’s operating profits dropped to £96 million in the year to March 31, down from £198 million the previous year.
The postal service delivered just 75.9pc of first-class letters and 89.3pc of second-class post on time between the end of March…
Royal Mail has seen its revenue jump as it shook off rising employment costs and declining letter volumes.
