Royal Mail asks to hike prices

first_img Share whatsapp Royal Mail has asked the postal regulator for permission to hike prices on business mail products for one year only, in order to generate extra revenue of up to £100m. Royal Mail chief executive Moya Greene said the firm was asking for the chance “to charge a fair price to other companies who use our network to carry mail and to end what is, in effect, the very substantial built-in subsidy which our rivals have enjoyed for years”. The firm made a £157m operating loss last year on “access mail”, collected by rivals but delivered by Royal Mail, amounting to an average loss of 2.5p per item. Read This NextThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap whatsapp KCS-content Show Comments ▼center_img Monday 18 October 2010 7:39 pm Royal Mail asks to hike prices Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndo Tags: NULLlast_img read more

US growth drives revenue up at GAN in first half

first_imgFinance Email Address Tags: Online Gambling Subscribe to the iGaming newsletter Topics: Finance Sports betting Online betting and gaming technologies provider GAN has put a 145% year-on-year increase in revenue during the first half down to the growth of its US business.Group net revenue for the six months to June 30, 2019 amounted to £11.3m (€12.6m/$14.0m), which represents a significant increase on the £4.6m posted in the corresponding period last year.The expansion of legal sports betting and online gambling in the US meant that revenue from the country was up substantially year-on-year. Real-money gaming US revenue in the first half amounted to £6.6m, compared to just £600,000 during the same period in 2018.US simulated gaming revenue also rose, to £2.3m, with overall US recurring revenue up 67% on a year-on-year basis. GAN’s US operations accounted for 78% of group revenue in the six-month period.GAN also noted growth in other markets, with European B2C revenue up from £100,000 to £600,000 and Italian revenue climbing from £1.7m to £1.8m.Read the full story on iGB North America.center_img AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter US growth drives revenue up at GAN in first half Online betting and gaming technologies provider GAN has put a 145% year-on-year increase in revenue during the first half down to the growth of its US business. 13th September 2019 | By contenteditorlast_img read more