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.
Royal Mail Holdings
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Friday 31 May 2013
That can’t be the Queen?
Tuesday 28 May 2013
The Royal Mail is to launch a "click and collect" service aimed at online retailers and their customers.
Friday 24 May 2013
Outlook The Treasury this week hailed the fact that data from the Office for National Statistics showed that "underlying borrowing" is now falling. But did it? If you strip out factors such as gilt coupon payments from the Bank of England and transfers from the Royal Mail pension fund, borrowing in April 2013 was £10.2bn, up £1.3bn on the £8.9bn borrowed in April 2012. Ah, but what about the £2.3bn profits from the Bank of England's wound-down Special Liquidity Scheme (SLS)? They were paid over to the Treasury in April 2012 and thus flattered that month's borrowing figures. So disregard those profits for April 2012 and the comparison with April 2013 looks better, showing a £1bn fall in borrowing.
Wednesday 22 May 2013
Outlook Royal Mail plumped itself up for joining the stock market yesterday with some flashy looking operating profits.
Tuesday 21 May 2013
Business Secretary believes organisation faces 'fundamental threat' from email and must be reformed
Sunday 19 May 2013
Andrew Moran arrest: One of the Britain's most wanted criminals - arrested in Spain's Costa Blanca - begins extradition in Madrid court
Monday 13 May 2013
Moran, from Salford, was convicted in 2009 of an armed robbery involving a gun, machete and baseball bat
Wednesday 08 May 2013
UKIP’s success in last week’s local elections is having an impact already. Nadine Dorries, who had the Tory whip taken away because of her appearance on I’m a Celebrity, has got it back, thereby heading off the risk that she might defect to Ukip.
Wednesday 08 May 2013
Former Manchester United hero would welcome the appointment of David Moyes
Friday 03 May 2013
Tim Parker tried to convince me he was staying put when he breezed into my office this week, but I still suspect it won’t be long before the private equity world’s favourite boss has found something new to occupy his mind.
Tuesday 30 April 2013
Pub grub helps Greene King
Tuesday 23 April 2013
Osborne hoping official GDP figures on Thursday show growth in first quarter, narrowly avoiding triple-dip recession
Google Doodle honours Sir Norman Parkinson - one of Britain's most celebrated portrait and fashion photographers
Sunday 21 April 2013
Parkinson, who was born on this day in 1913 and died in 1990, is widely credited with revolutionising the world of British fashion photography
Saturday 06 April 2013
Lunch with an advertising executive on Tuesday persuaded me that all was mostly well in the land of black rollnecks.
Wednesday 20 March 2013
Office for Budget Responsibility puts deficit at £1bn more than it expected in December
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
French court convicts three over homophobic tweets, in case hailed as a 'significant victory' by LGBT rights campaigners
Greece elections: Syriza and EU on collision course after election win for left-wing party
British Muslim school children suffering a backlash of abuse following Paris attacks
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
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