Royal Mail profits surge in pandemic; markets stabilise after crypto selloff – business live

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John Moore, senior investment manager at Brewin Dolphin, says Royal Mail’s results are “very strong” - but the key is whether it can maintain this performance. “Royal Mail has delivered a very strong set of results, buoyed, in particular, by parcel growth and the strength of its GLS business. The benefits of its transformation programme are beginning to come through as well, with references to some of the changes and innovations it has implemented in today’s statement.

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Staff workloads increased but not their paypackets!

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