royal mail

Royal Mail under siege amid fears for Christmas deliveries

Bosses of Royal Mail, Britain’s biggest postal service, have warned that a combination of strict Covid regulations, self-isolating staff and an unprecedented rise in online shopping are impacting Christmas deliveries. Royal Mail has employed around 33,000 temporary workers, in addition to its 115,000 postmen and women, but it may not be enough to get all

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Retail news round-up: Call for two-tier VAT system; looking for value; squeeze on non-essentials

As an incentive for people to shop in person and for online retailers to lease physical stores, international property firm Colliers International suggests that the government should create a two-tiered VAT system where shoppers would be charged 15% for purchases in stores and 22.5% for online transactions. Meanwhie, Tesco chief executive David Lewis has again

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Retail news round-up: Ascential shows ‘could be sold’; Bitcoin on high street

Spring Fair and Autumn Fair organiser Ascential has launched a strategic review of its exhibitions division as it announces plans to focus on its digital business. Press reports suggest that this could lead to the sale of its trade and consumer shows and generate between £250 million and £300 million. Its strong annual results revealed

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