ROYAL Mail has announced a £75million investment programme for its UK express parcels business, creating 1,000 jobs.
The expansion is part of its strategy to grow in the UK and overseas.
In the last reported financial year, its parcels businesses accounted for almost half of the group’s revenues, excluding the Post Office, and online retailing is expected to continue increasing.
A new parcel processing centre will be opened in Chorley in autumn mext year, two new depots will be opened in Cornwall and Hampshire, with a further nine existing depots expanded or moved to larger sites over the next four years.
Royal Mail Group’s chief executive Moya Greene said: “Our £75m investment is part of Royal Mail Group’s strategy to grow its parcels businesses in the UK and overseas.
“Our strategy is to convert the rise in parcel volumes into profitable growth.
“That means becoming a much more customer-focused company being run on commercial lines and investing in new, vital technology.”…
via Royal Mail’s £75m investment will create 1,000 jobs – News – Business – Daily Post North Wales.
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