A major investor in Royal Mail has expressed anger at the management of the company according to reports by City AM. On Monday shares in the firm fell 14 % after it issued a profit warning, before falling closing down another 7 % yesterday.
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People living in London and Wales are driving the growth of the UK’s subscription box market, according to a report commissioned by Royal Mail.
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Royal Mail plc has announced that Peter Long has stepped down from the Board . Les Owen, a highly experienced Royal Mail Board member has been appointed as Chairman with immediate effect.
Read MoreOnline shopping in the UK is rising 9% year on year according to Royal Mail’s annual UK report.
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Royal Mail has announced that its subsidiary, General Logistics Systems (GLS), has acquired Canadian parcel delivery company, Dicom Canada, from Wind Point Partners, a Chicago-based private equity firm.
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