RE: Parcels23 May 2021 18:41
And the other half of their profits was due to covid lockdowns and everyone buying online. Yes, it's given Royal Mail an opportunity it would never have otherwise had. It can now use this money to invest in the future, but you have to realise that without the effects of the last 12 months, Royal mail was a company that had been left by previous governments with little to no investment and no control of postage prices. None of which helped them get ridden over by the like of DPD, UPS etc etc.
There was always a future for Royal mail, but now they can hopfully bring that positivity forward by 5yrs.... only time will tell if they use the money wisely...