BRITISH ROYAL MAIL REPORTS 31% FALL IN ANNUAL PROFITS; JOB CUTS

Highlights –

• Restructuring plans are being made by the British Royal Mail.
• It will change around 2,000 management roles; job cuts.
• The company reported a 31% fall in annual profits.
• It is also cutting down around $373 million in capital spending across the group.

It has been reported that the British Royal Mail (RMG.L) is going under loss, it saw a 31% ....