News / Business by Press Association 22/05/2019, 8:05 am Send us a story Sign up to our Daily newsletter Royal Mail has warned that it will pay a smaller dividend from next year to support transformation plans, as the postal service reported a dip in underlying profits. The group will change its policy to pay out at least 15p per share in 2020, in a move aimed at freeing up funds to invest in transforming the UK business. While the dividend could be topped up by any excess cash flow, it marks a significant reduction compared with the 25p dividend paid out this year. Chief executive Rico Back said: “Royal Mail is one of the most widely held stocks in the FTSE. The board appreciates the support of our shareholders, including our postmen and women who have received free shares. “We very much understand the importance of the dividend to all our shareholders. Our decision to rebase the dividend and change the policy is not one that we have taken … [Read more...] about Royal Mail cuts shareholder payout to fund transformation
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Royal Mail to bring larger ‘parcel postboxes’ to Nottingham
Royal Mail is set to launch their first ever parcel postboxes in Nottingham. 1,400 parcel postboxes will be introduced across the country in locations including Nottingham, the company revealed today. The postal service will convert existing meter boxes to accommodate the postboxes, making them wider and more secure. The initiative will be launched over a six month period from August this year following a successful trial in 2018. It marks the first major change to the postbox in the last 160 years, and is the first time parcel postboxes have been widely introduced in the UK. Royal Mail say that small businesses will be among those to benefit from their arrival. Small businesses and marketplace sellers will be able to post pre-paid parcels in the same way that they currently post a letter. Customers will also be able to post some return parcels at any time, seven days a week. Read More Things you never knew you needed to know Mark Street, head of campaigns at Royal Mail, … [Read more...] about Royal Mail to bring larger ‘parcel postboxes’ to Nottingham
Cardiff to get parcel postboxes in Royal Mail roll-out
The Royal Mail is launching the UK's first parcel postboxes in it's first major change in the use of postboxes in 160 years. The parcel postboxes are being introduced later this year in locations across the country including Cardiff, Birmingham, Leeds and Aberdeen. The parcel postboxes enable small businesses and other sellers to post pre-paid parcels in the same way they currently post letters. They will also allow customers to post some barcoded returns parcels back at any time. Sorry, this content isn't available on your device. Sorry, this content isn't available on your device. Royal Mail said the boxes will be rolled out across the country from August. … [Read more...] about Cardiff to get parcel postboxes in Royal Mail roll-out
Royal Mail to roll out parcel postboxes
News / UK by Press Association 20/05/2019, 11:29 am Send us a story Sign up to our Daily newsletter The Royal Mail is launching the UK’s first parcel postboxes across the UK. The move follows a successful trial and marks the first major change in the use of postboxes in 160 years. The parcel postboxes enable small businesses and other sellers to post pre-paid parcels in the same way they currently post letters. They will also allow customers to post some barcoded returns parcels back at any time. The parcel postboxes are being introduced later this year in locations across the country including Birmingham, Leeds, Aberdeen and Cardiff. Mark Street, head of campaigns at Royal Mail, said: “The wide-scale introduction of parcel postboxes is one of the many ways we are looking to make the lives of our customers easier. “The parcel postboxes trial last year was a success, and we hope that the wider roll-out gives added flexibility to online … [Read more...] about Royal Mail to roll out parcel postboxes
Royal Mail to launch parcel postboxes
Business 20 May 2019 Share this with Facebook Share this with Messenger Share this with Twitter Share this with Email Share this with Facebook Share this with WhatsApp Share this with Messenger Share this with Twitter Share Share this with These are external links and will open in a new window Email Share this with Email Facebook Share this with Facebook Messenger Share this with Messenger Messenger Share this with Messenger Twitter Share this with Twitter Pinterest Share this with Pinterest WhatsApp Share this with WhatsApp LinkedIn Share this with LinkedIn Copy this link https://www.bbc.co.uk/news/business-48334721 Read more about sharing. These are external links and will open in a new window Close share panel Royal Mail has announced plans for the UK's first-ever parcel postboxes.The company said 1,400 of the new postboxes would be installed across … [Read more...] about Royal Mail to launch parcel postboxes