News

Higher prices for parcels and loads of Christmas cards delivered helped Royal Mail boost revenues by 2 per cent in the past nine months, the recently privatised business reported today.

Mount Unpleasant: How the Royal Mail Group will make a fortune from selling flats to private investors

The proposal has dropped the amount of 'affordable' housing to a derisory level

Moya Greene in red at the London Stock Exchange in October 2013; Moya Greene's £1.5m earnings were modest compared to those of other FTSE 100 bosses

Why the residents of Benefits Street and Moya Greene, the Royal Mail chief executive worth upwards of £1.5m, are not so different after all

It's not just the poor who are subject to occasional feelings of entitlement

Moya Greene in red at the London Stock Exchange in October 2013; Moya Greene's £1.5m earnings were modest compared to those of other FTSE 100 bosses

Royal Mail chief Moya Greene’s payout is another ticking bomb for Vince Cable

Don’t judge me on the Royal Mail float today, said Vince Cable in October. Judge me in three months’ time.

Vince Cable faces political battering as Royal Mail mulls Moya Greene pay rise

Vince Cable was potentially heading towards another political battering over the flotation of Royal Mail today as the chairman said it should give its chief executive a pay rise beyond her present £1.25 million package.

The Week Ahead: Deutsche Bank experts sum up the year as one with ‘many successes’

The weather isn’t good enough for ice-cream but Ben & Jerry’s and Wall’s owner Unilever is expected to have still managed to sell enough soap, soup and other household wares to keep its full-year results tomorrow from looking too icy.

Tulchan advised Cooperative Group throughout the recent crisis surrounding its shamed ex-bank chairman Paul Flowers

Tulchan blames 'worst year' for financial PR for profit slide

One of the City’s leading public relations bosses has blamed what he said was the worst year for financial PR in a decade for a slide in profits, describing conditions as “trying to walk up a down escalator”.

Royal Mail board shake-up as Mark Higson announces plans to step down

One of the architects of Royal Mail’s controversial stock-market flotation last October today quit his job, leading to a shake-up of the postal service’s board.

Market Report: Rise of Royal Mail shares has proved Vince Cable wrong

Three months on and so far the market has proved Vince Cable wrong. Royal Mail shares were one of the top risers on Friday and are now more than 76.6 per cent above their float price.

Labour slam Royal Mail's 'botched' privatisation

Labour has accused the government of a “botched privatisation” over its controversial sell off of Royal Mail, saying taxpayers have been short-changed by hundreds of millions of pounds.

Mitch Feierstein: Morals go pop as greedy banks make millions from the great IPO rip-off

At a select committee towards the end of last year Vince Cable was grilled about the huge leap in the Royal Mail’s stock market value. As you’ll remember, the company was floated at 330p a share and traded as high as 600p in November, a rise of 82 per cent in a few months.

Royal Mail have issued a new set of stamps featuring 12 characters from children's TV, which will be issued to celebrate over 60 years of kid's programming.

Children's TV characters to appear on stamps

Favourites from Bob the Builder to Bagpuss will be pictured in the collection

He spent 35 years on the run from police, but mourners attending the criminal's funeral were today asked to celebrate his life

Ronnie Biggs Funeral: The Great Train Robber’s service is a colourful affair as mourners asked not to wear black

He spent 35 years on the run from police, but mourners attending the criminal's funeral were today asked to celebrate his life

2013 - the business year in review: Happy days may be on their way

The scandals continued, but the main message the City took home from 2013 was that the good times are back

Market Report: Newbies pushed into the red

Newly promoted stocks across the Footsie were yesterday welcomed with a round of profit-taking pushing the newbies into the red.

Going Dutch: Steven Patterson regularly takes his three-year-old twin daughter Lilly and Grace for spins on his cargo bike

Bakfiets bikes: Would you cart your kids off to school in one?

Parents in the UK are going crazy for the load-carrying cargo bikes

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