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Royal Mail revenue could rise if no further lockdown

Royal Mail's revenues could be much higher than previously expected if Britain can avoid another nationwide lockdown, thanks to a surge in online shopping deliveries, it said today.
Business • 08 Sep 20

Royal Mail to cut jobs, investment as profit sinks 30%

Royal Mail has laid out restructuring plans that will affect around 2,000 management roles and see it save £130m in staffing costs next year as it reported a 31% fall in annual profits.
Business • 25 Jun 20

Royal Mail CEO Back quits as board promises change

Royal Mail's chief executive Rico Back stood down today after two years in charge marked by battles with unions over a proposed £1.8 billion restructuring plan for the former UK postal monopoly.
Business • 15 May 20

Royal Mail looks to parcels as it cuts dividend

Royal Mail has slashed its dividend by 40% to fund a new five-year turnaround drive that seeks to better position the group for a future dominated by online parcel deliveries and help to expand further overseas.
Business • 22 May 19

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