Fil Adams-Mercer, founder of Parcel2Go has praised the Royal Mail’s rise in annual profits, up to £403m from £152m a year earlier, for the 12 months to the end of March 2013.
The jump in profits is largely due to our love of online shopping, according to the BBC’s Business Correspondent.
Like Royal Mail, Parcel2Go has seen ever increasing revenues due to Briton’s love of online shopping.
It’s revenues have climbed from £27m to £40m in the last 12 months – fuelled by ever increasing trend towards online shopping with now represent 30 per cent of people’s purchasing.
Mr Adams-Mercer said:
“A robust and profitable Royal Mail is good for the business. Compeition in the post and parcel business is important to keep everyone honest.
“The real problem is the out of touch and out of date unions fighting change rather than embracing it. They want to fight every bit of change.
“Jobs are going to be more secure with an evolved postal and parcel industry”.