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 MoreTNT 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.
Read MoreTNT Vietnam announced on 7 May the extension of its road service network into the Cambodian capital Phnom Penh.
Read MoreDeutsche Post DHL has no plans for now to take a stake in Britain’s Royal Mail, financial sources familiar with the matter told Reuters on 4 May.
Read MoreAs the global recession kept up the pressure on express and mail volumes, TNT saw revenue decline 10.2% in the first quarter to $3.3bn.
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