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The Latest Breaking News from Royal Mail

Royal Mail slumps to loss of more than £1bn after year of strikes

The group’s owner, International Distributions Services, revealed Royal Mail swung to an operating loss of £1.04 billion for the year to March 26.

The Independent UK

Bank of England denies QE caused double-digit inflation; mortgage arrears and repossessions jump – as it happened

Central bank chiefs tell MPs that unwinding QE is more like descending a mountain than decommissioning a nuclear submarine

The Guardian - UK

FTSE 100 Live: ‘Massive house price rises may be nearing end’; Next faces shareholder revolt; shares up

Plans for mass job cuts at BT and a big loss at the owner of strike-hit Royal Mail are among today’s major corporate developments.

Evening Standard

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Royal Mail slumps to loss of more than £1billion

Strikes have been blamed for the poor performance

Wales Online

Royal Mail made £1 billion loss after damaging strikes: ‘We failed...and we apologise’

Royal Mail made a loss of £1 billion in the year to the end of March 2023 after the postal service was hit by a wave of strikes and slump in demand for parcel deliveries.

Evening Standard

Royal Mail's first-class stamp delivered me an appalling third-rate service

Only 73% of first-class mail gets there the next day – but my parcel took 18 days to cross London, says Polly Hudson

Daily Mirror

Why is Royal Mail failing to deliver?

Royal Mail could be hit with heavy fines after failing to hit its delivery targets last year as the communications regulator Ofcom launches an inquiry into the beleaguered postal service.

The Week

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How long should your post take to arrive in London? Ofcom considers cutting second-class service

The cost of first-class stamps could rise under plans proposed

Evening Standard

Royal Mail faces possible fine as regulator looks into late deliveries

Only 73.7% of first-class mail and 90.7% of second class met delivery targets, according to the postal service

The Guardian - UK

Ofcom investigating Royal Mail after it falls well short of delivery targets

Less than 74% of first class mail was delivered within one working day

Wales Online

Royal Mail chief quits after wave of strikes - and trousers six-figure payoff

Under-fire Simon Thompson claimed it was the “right time” to go, but his departure comes after a long-running pay dispute with its postal union

Daily Mirror

Royal Mail boss quits after union deal ends year of postal strikes

THE boss of Royal Mail has quit the top job in order to allow the company to move on following a bruising fight with its main union which…

The National (Scotland)

Who's Queen? Queenie stars as Blackadder goes 1st class

The Royal Mail has released a series of 13 Blackadder-themed stamps to celebrate 40 years since the comedy debuted.

WhatToWatch

Is running Royal Mail the most impossible job on the FTSE?

As Simon Thompson resigns, leading the 507-year-old postal business looks increasingly like a poisoned chalice

The Guardian - UK

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The Independent UK

Royal Mail boss plans to step down following union deal

Simon Thompson informed parent company International Distributions Services that he plans to leave the role on October 31.

The Guardian - UK

Royal Mail boss to step down after bitter dispute with unions

Simon Thompson to leave after only two years as postal firm seeks fourth boss in four years

Evening Standard

Royal Mail boss Simon Thompson to quit weeks after agreeing pay deal with striking workers

Royal Mail agreed a deal with the Communication Workers Union last month after almost a year of negotiations

Wales Online

Royal Mail issuing Blackadder stamps to mark 40 years since classic sitcom first aired

The set comprises 12 stamps featuring a range of designs from the show's four series

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news in one place.

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Evening Standard

Royal Mail ‘postal deserts’ in London to be revealed as residents report missing letters

New Royal Mail statistics are set to reveal how some neighbourhoods are receiving post as little as once a fortnight, including in London, according to reports.

The Guardian - UK

Royal Mail chief expected to step down within weeks

Simon Thompson has had a turbulent two-year stint at the helm

Evening Standard

Cardiff Coronation postbox vandalised again with republican stickers

The Royal Mail postbox in Cardiff city centre was one of four decorated ahead of the King’s crowning

The Independent UK

Coronation postbox vandalised with republican stickers, graffiti and eggs

The Royal Mail postbox in Cardiff city centre was one of four decorated ahead of the King’s crowning.

Creative Bloq

The 12 best logos with crowns

Crown logos are everywhere: here are 11 of the best designs.

Manchester Evening News

Are Post Offices open and post delivered on King Charles’ Coronation bank holiday?

King Charles will be crowned this weekend in the historic event

Liverpool Echo

Are Post Offices open on bank holiday for the coronation of King Charles III?

Opening and closing times across the country will be disrupted over the bank holiday

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