Search results
Results From The WOW.Com Content Network
In 1998, Royal Mail launched RelayOne as an email to postal service system. [40] In 1999, Royal Mail launched a short-lived e-commerce venture, ViaCode Limited, aimed at providing encrypted online communications services. [41] However, it failed to make a profit and closed in 2002. [42]
An Act to make provision for the restructuring of the Royal Mail group and about the Royal Mail Pension Plan; to make new provision about the regulation of postal services, including provision for a special administration regime; and for connected purposes. Citation: 2011 c. 5: Introduced by: Vince Cable: Territorial extent United Kingdom ...
The government completed the disposal of its shareholding on 12 October 2015, when a 13% stake was sold for £591m and another 1% was given to employees. In total the government raised £3.3bn from the full privatisation of Royal Mail. [4] As of 13 January 2020, Royal Mail shares are trading below the issue price, as they did throughout all of ...
For premium support please call: 800-290-4726 more ways to reach us
(Reuters) -Royal Mail said customers splurging online during lockdowns helped profits more than double last year as revenue from parcel deliveries outpaced letters for the first time, but it ...
Parcelforce Worldwide is a trading name of Royal Mail, which is a subsidiary of International Distribution Services, [1] and is organised within the UK Parcels, International and Letters division of the group. [2] The company delivers to destinations worldwide, using an international partner network.
Royal Mail, one of the U.K.'s oldest institutions, began in the 1500s as a service exclusively for the monarch and the royal court. It became a public postal service in the 1600s.
After extensive privatisation of the public sector during the Margaret Thatcher administration, there remain few statutory corporations in the UK. Privatisation began in the late 1970s, and notable privatisations include the Central Electricity Generating Board, British Rail, and more recently Royal Mail.