Royal Mail has released a trading update for the nine months ended 27 December 2020 revealing revenue growth of 9.3% – the highest since privatisation in 2013, with parcel revenue growth more than offsetting the decline in letters.
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Royal Mail has announced that construction of a new parcel hub in the Midlands (an area of central England), is underway as the Company accelerates its transformation to an international parcels-led business that also delivers letters in the UK.
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Royal Mail is pleased that members of the Communication Workers Union (CWU) have voted overwhelmingly in favour of the framework agreement on the strategy and future direction of Royal Mail, operational change, pay and job security.
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The Board of Royal Mail plc has announced three senior executive appointments.
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On Monday 4 January 2021 – Takeback Monday – returns of online purchases are predicted to increase by 63 % compared to the average number of return parcels per day in December, according to Royal Mail.
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