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The business swung to a £1 billion ($1.2 billion) loss for the year through March 2023 after it was also hit by strikes. Royal Mail’s workforce has shrunk by 10,000 over the past year, as ...
Ofcom has put forward options for reforming Royal Mail’s letter deliveries.
After the opening up of the industry, competitors such as Whistl and UK Mail found their place offering business postal solutions. These companies, despite being competitors to Royal Mail, hand over sorted mail to the Royal Mail for "last mile delivery" due to the sheer dominance the latter hold in a process called 'Down Stream Access'. [3]
Heathrow Worldwide Distribution Centre (HWDC) is a sorting office for inbound and outbound international mail operated by Royal Mail. Located close to Heathrow Airport , the HWDC is situated in the town of Langley , Berkshire , near Slough , and began operations in 2003.
International Distribution Services plc (formerly Royal Mail Limited, Royal Mail plc and International Distributions Services plc) is a British company providing postal and courier services. The UK government initially retained a 30% stake in the company, [ 4 ] but sold its remaining shares in 2015. [ 5 ]
Royal Mail is continuing to ask customers to refrain from posting items to overseas destinations while it investigates a cyber attack. ... are likely to have had a big hit on the loss-making ...
Royal Mail Special Delivery is an expedited mail service that guarantees delivery by 1 p.m. or 9 a.m. the next day for an increased cost. In the event that the item does not arrive on time, there is a money back guarantee. It insures goods to the value of £50 for 9 a.m. or £750 for 1 p.m.
Ofcom said that, even after taking circumstances into account, Royal Mail fell short of its targets by a ‘significant and unexplained margin’. Royal Mail fined £5.6m for delivery failures ...