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Royal Mail earnings jump despite employment cost hikes

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Royal Mail increases annual earnings despite staff cost pressures
Royal Mail saw annual underlying earnings rise to £5 million, up from £2 million a year earlier, as revenues lifted 2.6% to £8.4 billion.
23 Jun, 07:24
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Royal Mail earnings jump despite employment cost hikes
Royal Mail has seen its revenue jump as it shook off rising employment costs and declining letter volumes.  The postal service saw revenue climb 2.6 per cent to £8.4bn in the year to March, as operating profit remained “broadly flat” at £5m.  Royal Mail said this growth came despite “the impact of national insurance increases” [...]
23 Jun, 07:57
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