Competition fears triggered a big fall in Royal Mail shares today as the delivery firm failed to benefit from a sharp rise in annual operating profits.
Royal Mail shares were 5% lower, off 31.75p to 543p, after chief executive Moya Greene highlighted intense competition in the parcels market and warned about the impact that delivery rivals such as TNT will have on the economics of the Universal Service unless Ofcom intervenes.
More top news
Zoo officials said the 17-year-old gorilla was killed to save the life of the boy who had crawled past a barrier into its enclosure.
Head of Germany's Protestant Church said 'extensive' Islam classes in schools could help prevent young Muslims from turning to extremism.
Around 88% of economists questioned by Ipsos Mori said leaving the EU would damage Britain's growth rates over the next five years.