Particle.news

Download on the App Store

Royal Mail Revenues Surge with Election Postal Votes and Stamp Price Hikes

Record postal votes and increased stamp prices drive revenue growth despite delivery challenges and declining letter volumes.

  • Royal Mail's revenue rose by 11.2% in Q1, driven by election mail and stamp price increases.
  • 7.3 million postal votes were delivered, a 50% increase from the 2019 election.
  • Royal Mail faces criticism over ballot delivery delays affecting voter participation.
  • Czech billionaire Daniel Křetínský's £3.6bn takeover bid progresses, with commitments to maintain key services.
  • IDS calls for regulatory reform of the Universal Service to ensure sustainability amid declining letter volumes.
Hero image