Royal Mail profits almost double
Royal Mail has seen its annual profits almost double, as all four parts of the business went into the black for the first time in 20 years.
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Tories bully Mandelson over Royal Mail
The Conservatives will remove their support for the government on partial privatisation of the Royal Mail if it offers concessions to Labour backbenchers, the party has warned.
Read MoreRoyal Mail pension deficit ‘could top £12bn’
Plans to partially privatise Royal Mail have come under increased pressure again following reports that the mail operator’s much-publicised pension deficit could be as much as double the previous £6bn estimate.
Read MoreRoyal Mail sell-off plans to go-ahead
The UK government is pressing ahead with its plans to part-privatise the Royal Mail in the face of opposition from Labour MPs and unions, pledging to use money from the sell-off to modernise the business.
Read MoreTNT targets GLS
TNT is demanding control of the Royal Mail’s profitable European parcels delivery arm as part of a multi-billion pound proposal made to the British government, The Sunday Telegraph newspaper has reported.
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