Royal Mail results comment from ParcelHero
Industry expert Roger Sumner-Rivers fears Royal Mail's 6% profit rise masks a lack of investmentRoyal Mail’s 6% rise in profits is the result of short-term cost cutting rather than responding to market opportunities, says international courier ParcelHero. Discussing Royal Mail’s latest figures, parcels industry expert Roger Sumner-Rivers, founder of ParcelHero, comments on the 4% fall in letter volumes: ‘The failure of Whistl is, of course, welcome news for Royal Mail; however I fear it’s only a short term glimmer of sunshine on an otherwise gloomy horizon. It’s well known that mail