The Post Office won't listen to customers so their profits are down
Shares in Royal Mail have plummeted after the company warned that letter numbers by volume will be lower than expected next financial year.
Royal Mail said that letters by volume dropped 8% over the nine months to 23 December, with letter revenues down 6%.
It attributed the volume drop in part to the impact of the General Data Protection Regulation (GDPR) as well as "business uncertainty" in the run up to Brexit.
The company also confirmed that it expects group underlying earnings to decline to between £500m and £530m, compared with £694m last year.
Residents at Wauncerich have NO POSTBOX to post their letters and greetings cards. The Royal Mail have refused to put a collection box at the Tesco Express Store. When will the penny drop?
Source: Sky News