Latest Royal Mail news

Dutch PostNL agrees to management buyout of UK arm Whistl

Whistl, the postal firm whose plans to rival Royal Mail as a delivery firm were scuppered by funding issues, has agreed a man…

  • Former letter carrier convicted of delivering marijuana Tue, Jul 28, 2015

    GREENBELT, Md. (AP) — A former letter carrier has been convicted of delivering packages of marijuana from a post office to the home of a conspirator. More »

  • Coronation Street fans can now send postcards from Weatherfield
    Coronation Street fans can now send postcards from Weatherfield Wed, Jul 22, 2015

    Coronation Street fans will now be able to send letters and postcards from the famous cobbles, as Weatherfield launches its first ever daily Royal Mail collection for the public. More »

  • Royal Mail letter revenues fall in 'challenging' trading
    Royal Mail letter revenues fall in 'challenging' trading Tue, Jul 21, 2015

    Royal Mail failed to grow sales in the first three months of its financial year as "challenging" trading continued to see letter revenues fall. More »

  • Royal Mail's pick up in parcels offset by fewer letters
    Royal Mail's pick up in parcels offset by fewer letters Tue, Jul 21, 2015

    By Neil Maidment LONDON (Reuters) - British postal firm Royal Mail reported flat quarterly revenue as an improvement in parcels trading on the back of longer opening hours and a drive to win business with retailers was wiped out by a sharp fall in letter volumes. Royal Mail's prospects hinge on its ability to cut costs and modernise its operations in order to win more of a parcels market buoyed by a boom in online shopping. Royal Mail, privatised in 2013, said on Tuesday UK parcel volumes grew 3 percent in the three months to June 28, its fiscal first quarter, with revenue -- worth half of group turnover -- up 2 percent. More »

  • Royal Mail Posts Flat First Quarter Revenue
    Royal Mail Posts Flat First Quarter Revenue Tue, Jul 21, 2015

    Royal Mail says it is "stepping up the pace of change" after posting flat revenue in its first quarter. The company, which was privatised in 2013, said it would be maintaining a tight focus on costs and innovation as letter volumes continued to fall and competition held back growth in its important parcels market. Royal Mail said parcel volumes grew 3% in the three months to 28 June with revenue up 2%. More »

  • Royal Mail Fury At Ofcom Over Whistl Probe
    Royal Mail Fury At Ofcom Over Whistl Probe Mon, Jul 20, 2015

    Sky News has learnt that Royal Mail has objected to a procedural issue relating to Ofcom's long-running investigation of a complaint by Whistl, which alleged that the privatised postal operator was planning predatory and anti-competitive pricing changes. Royal Mail's objection is being examined by an Ofcom employee who is expected to adjudicate in the coming weeks, according to people close to the situation. The adjudication is likely to be published on the regulator's website, although the implications of a ruling in favour of Royal Mail were unclear on Monday. More »

  • Can Design Help the USPS Make Stamps Popular Again?
    Can Design Help the USPS Make Stamps Popular Again? Sat, Jul 18, 2015

    In 1967, the United States Postal Service issued a new five-cent postage stamp to celebrate Henry David Thoreau’s 150th birthday. The stamp proved exceedingly popular, but not for the reasons the USPS might have guessed: The scraggly-bearded portrait of Thoreau by Leonard Baskin became a generational emblem among members of the counterculture, who identified with Thoreau as a tax resistor, abolitionist, and naturalist. The stamp’s success, meanwhile, proved that nontraditional stamp designs could help the Postal Service connect with nontraditional audiences, especially among the nation’s youth. More »

  • FTSE edges lower, Royal Mail and miners weigh
    FTSE edges lower, Royal Mail and miners weigh Fri, Jul 17, 2015

    By Atul Prakash LONDON (Reuters) - The FTSE 100 edged lower on Friday, with Royal Mail falling after market regulator Ofcom published a discussion document reviewing the company and miners sliding after a drop in metals prices. The blue-chip FTSE 100 index was down 0.3 percent at 6,779.03 points by 1335 GMT after rising 0.6 percent in the previous session. Royal Mail fell 3.9 percent, the top FTSE faller, after Ofcom published a discussion document to review the company's efficiency, consider its position within the parcels sector and assess its potential ability to set wholesale prices in a way that might harm competition. More »

  • Royal Mail shares fall as Ofcom publishes discussion document Fri, Jul 17, 2015

    Shares in Royal Mail fell 2.4 percent on Friday, with traders citing the publication of a discussion document by market regulator Ofcom as a principal reason for the stock's decline. Ofcom said the review will incorporate its existing work to assess Royal Mail’s efficiency, consider its position within the parcels sector, and assess the company’s potential ability to set wholesale prices in a way that might harm competition. Ofcom had first announced in June that it will start a fundamental review of how Royal Mail is regulated. More »

  • Oklahoma GOP post compared food-stamp recipients to animals Tue, Jul 14, 2015

    OKLAHOMA CITY (AP) — The chairman of the Oklahoma Republican Party apologized Tuesday for a post on the party's Facebook page that said giving people food stamps is akin to feeding animals in national parks, marking the new leader's latest misstep over divisive comments. More »

  • Website with bogus Twitter report was registered July 10: ICANN Tue, Jul 14, 2015

    NEW YORK (Reuters) - The web site carrying a false report out Tuesday on a Twitter takeover approach, bloomberg.market, was registered on July 10, according to a domain search on the Internet Corporation for Assigned Names and Numbers. According to whois.icann.org, the registrant's mailing address was listed as a Post Office Box in Panama. (Reporting by Rodrigo Campos) More »

  • Stamps mark anniversary of battle
    Stamps mark anniversary of battle Sun, Jul 12, 2015

    A set of stamps is being issued to mark the 75th anniversary of the Battle of Britain. More »

  • 'Not Yet Explored' No More: New Horizons Flying Stamp to Pluto
    'Not Yet Explored' No More: New Horizons Flying Stamp to Pluto Tue, Jul 7, 2015

    They are three words that, after next week, will never be used to describe the dwarf planet Pluto again. The phrase, which first appeared in 1991 along the bottom of a 29-cent U.S. postage stamp depicting Pluto, is now affixed — in the form of one those 24-year-old stamps — on NASA's New Horizons robotic probe, which as of Tuesday (July 7) is just one week out from flying by the mysterious dwarf planet. Not only is it thought to be the first time that a U.S. postage stamp has been present for the event that effectively made its design outdated, but it is also the farthest that any stamp has ever traveled before. More »

  • Leighton To Cook Up Wagamama Flotation
    Leighton To Cook Up Wagamama Flotation Sat, Jul 4, 2015

    One of Britain’s best-known businessmen is to take the helm at Wagamama, the Asian dining chain, ahead of a review that could see it float on the London stock market. Sky News understands that Allan Leighton, the former boss of Asda and ex-Royal Mail chairman, is to become the restaurant group’s next chairman. The move, to be announced next week, will come four years after Duke Street Capital and Hutton Collins, two investment firms, acquired the business, and is said by insiders to signal the early stages of a plan for them to consider options for their shareholdings. More »

  • RTÉ bought abortion pills – but it didn’t break any rules
    RTÉ bought abortion pills – but it didn’t break any rules Thu, Jun 25, 2015

    The abortion drugs were imported to Ireland via a post office in Northern Ireland for purpose of an investigation. More »

  • Deputies: 90-year-old man pulled gun on post office employee Tue, Jun 23, 2015

    BOCA RATON, Fla. (AP) — A 90-year-old man is accused of threatening a U.S. Postal Service employee when he wasn't satisfied with the service at a post office near Boca Raton. More »

  • Fuel price perk for Britons abroad
    Fuel price perk for Britons abroad Sat, Jun 20, 2015

    UK pump prices may be pushing up, but Britons taking their car abroad will face considerably lower fuel costs this summer, according to a Post Office Travel Money survey. More »

  • Two men due in court after attempted robbery at Tallaght post office
    Two men due in court after attempted robbery at Tallaght post office Wed, Jun 17, 2015

    One of the men involved in the robbery was armed with a hammer. More »

  • Singapore puts its stamp on SEA Games; Thailand ends No 1
    Singapore puts its stamp on SEA Games; Thailand ends No 1 Tue, Jun 16, 2015

    SINGAPORE (AP) — Singapore put its final stamp on the Southeast Asian Games with an eclectic closing ceremony involving a parade of oversize postage stamps to commemorate the island's history. More »

  • Britain to review Royal Mail regulation after rival exits market
    Britain to review Royal Mail regulation after rival exits market Tue, Jun 16, 2015

    By Neil Maidment LONDON (Reuters) - A British watchdog said it would review the regulation of Royal Mail after the withdrawal of rival Whistl from the direct delivery letter market left the former state-owned provider with no national competition. Ofcom said on Tuesday the review would ensure the universal postal service, which guarantees a single-priced, six day a week service across the country, was secured. Ofcom said reviews already underway into Royal Mail's efficiency and its parcels performance would be included in its new work, which will consider if its prices are sufficient and affordable to cover the costs of the universal service and whether price controls might need to be introduced. More »

  • OFCOM To Deliver Review Of Royal Mail Dominance
    OFCOM To Deliver Review Of Royal Mail Dominance Tue, Jun 16, 2015

    A fundamental review of Royal Mail's regulation has been announced after the withdrawal of Whistl from the direct delivery letters market left it without national competition. Communications watchdog OFCOM review will assess whether the current regulation remains "appropriate and sufficient". More »

  • Royal Mail facing regulation probe
    Royal Mail facing regulation probe Tue, Jun 16, 2015

    The communications watchdog has launched a "fundamental review" of the regulation of Royal Mail after the collapse of a rival letters service run by Whistl left it with no national competitor in that market. More »

  • UPC blasted for cutting post office bill payments
    UPC blasted for cutting post office bill payments Mon, Jun 15, 2015

    Customers are being written to at the moment – but the cut-off for An Post payments happens next week. More »

  • London Stock Exchange Eyes Brydon As Chairman
    London Stock Exchange Eyes Brydon As Chairman Sun, Jun 14, 2015

    Donald Brydon, a former chairman of the London Metal Exchange (LME), is being lined up to take on the same role at its more famous cousin, the London Stock Exchange (LSE), Sky News has learnt. Mr Brydon is said to be in advanced discussions with the board of the LSE about the post, with an announcement possible within days, according to a person involved in the process. If he does take the role, it would come as he prepares to step down as the chairman of Royal Mail, having helped to steer the postal operator through its 2013 privatisation. More »

  • Royal Mail, RBS share sales dominate as FTSE edges higher
    Royal Mail, RBS share sales dominate as FTSE edges higher Thu, Jun 11, 2015

    By Liisa Tuhkanen and Alistair Smout LONDON (Reuters) - Gains in Royal Bank of Scotland shares bolstered Britain's top equity index on Thursday on news it would be returned to private hands sooner than expected, while shares in Royal Mail fell after the government sold half its stake at a discount. The blue-chip FTSE 100 index closed up 0.2 percent at 6,846.74 points. Royal Mail was the biggest FTSE loser, down 4.5 percent after the British government said it would sell half of its remaining stake in the company, leaving it with about 15 percent of the postal service. More »

  • Government sells Royal Mail shares
    Government sells Royal Mail shares Thu, Jun 11, 2015

    Half of the Government's remaining stake in Royal Mail has been sold, raising £750 million to help pay down national debt, the Business Secretary confirmed. More »

  • Govt Sells Its 15% Stake In Royal Mail
    Govt Sells Its 15% Stake In Royal Mail Thu, Jun 11, 2015

    The Government has sold half of its remaining 30% stake in Royal Mail. Around 150 million shares - 15% of the privatised company - have been sold to institutional investors at 500p per share. The Government is also to give up a further 1% of the company to employees, adding to the 10% awarded to staff last time. More »

  • Britain raises 750 million pounds from Royal Mail stake sale
    Britain raises 750 million pounds from Royal Mail stake sale Thu, Jun 11, 2015

    Britain has raised 750 million pounds by selling half of its 30 percent stake in Royal Mail, it said on Thursday, adding it saw no reason to keep any holding in the postal service that was wholly state owned until 2013. Having sold in 2013 at 330 pence in one of Britain's biggest privatisations for decades, the government offloaded its latest 15 percent stake late on Wednesday at 500 pence. "Royal Mail has demonstrated that it can thrive in the private sector," he said. More »

  • PostNL to end UK arm Whistl's E2E operations Wed, Jun 10, 2015

    (Reuters) - Dutch-based postal company PostNL NV said on Wednesday it has decided to end its British arm Whistl's E2E mail delivery service, putting about 1,800 jobs at risk. Whistl's had begun offering the service in a handful of cities and had originally planned to roll out a UK-wide network to rival Britain's Royal Mail before funding issues scuppered the move. It suspended the service in May. PostNL said Whistl is consulting affected employees of E2E through their union and employee representatives to soften the impact of the decision. More »

  • Royal Mail shares likely to be priced at 500 pence each  - source
    Royal Mail shares likely to be priced at 500 pence each - source Wed, Jun 10, 2015

    (Reuters) - Shares of Royal Mail are likely to be priced at 500 pence each, after a source close to the share sale said that orders below that level were likely to miss out. The British government announced on Wednesday that it would sell half of its remaining stake in Royal Mail, leaving it with about 15 percent of the postal service that was wholly state owned until 2013. More »

  • Government to sell further 15 percent of Royal Mail, award staff shares
    Government to sell further 15 percent of Royal Mail, award staff shares Wed, Jun 10, 2015

    The British government on Wednesday said it would sell half of its remaining stake in Royal Mail , leaving it with about 15 percent of the postal service that was wholly state owned until 2013. Chancellor George Osborne said last week he would sell the government's holding, which is worth about 1.5 billion pounds, as part of a renewed push in his drive to wipe out the budget deficit. In a speech later on Wednesday, Osborne said the government would also award up to 1 percent more of Royal Mail's shares to staff, after giving them 10 percent of the company when it was privatised in 2013. More »

  • Government to sell Royal Mail stake
    Government to sell Royal Mail stake Wed, Jun 10, 2015

    Chancellor George Osborne tonight announced that the Government had begun the sale of its remaining stake in Royal Mail and that it would give up to a further 1% tranche in the company to employees. More »

  • Edmund Shing: Royal Mail, Lloyds and RBS: Should you buy in the great UK government …
    Edmund Shing: Royal Mail, Lloyds and RBS: Should you buy in the great UK government … Tue, Jun 9, 2015

    It's the great Government sell-off! Chancellor George Osborne doesn't want to hold on to Lloyds and RBS. Did you know that the Government still has an 80% stake in RBS? Gorgeous George also wants sell off the Government's final 30% stake in Royal Mail as well. More »

  • Four Robbers Caught After Squeezing On Motorbike
    Four Robbers Caught After Squeezing On Motorbike Fri, Jun 5, 2015

    An armed gang who tried to rob a village Post Office and then fled on the back of one motorbike were caught by police less than 10 minutes later. The masked men gave up their attempted raid - caught on CCTV - after 30 seconds as staff refused to hand over any cash. Ashley Mullen, 24, Jack McNeil, 23, Cy Sedgeman, 22, and Michael Nugent, 18, were jailed for a total of 14 years and eight months for their failed robbery in Pill, Somerset, on 5 January. More »

  • Taxpayers' Stake In Royal Mail To Be Sold
    Taxpayers' Stake In Royal Mail To Be Sold Thu, Jun 4, 2015

    The Government is to sell its remaining 30% share in the Royal Mail, currently worth around £1.5bn, George Osborne has announced. But following the announcement, Royal Mail's share price was down slightly. It comes as the Government was also selling off other assets worth another £500m, including land around London's King's Cross for about £345m. More »