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ROYALMAIL

Royal Mail Group plc is a British multinational postal service and courier
company, originally established in 1516 as a government department. The
company's subsidiary Royal Mail Group Limited operates the brands Royal Mail
(letters and parcels) and Parcelforce Worldwide (parcels). GLS Group, an
international logistics company, is a wholly owned subsidiary of Royal Mail
Group.[2] The group used the name Consignia for a brief period in the early
2000s. The company provides mail collection and delivery services throughout the
UK. Letters and parcels are deposited in post or parcel boxes, or are collected
in bulk from businesses and transported to Royal Mail sorting offices. Royal
Mail owns and maintains the UK's distinctive red pillar boxes, first introduced
in 1852, many of which bear the initials of the reigning monarch.[3] Deliveries
are made at least once every day except Sundays and bank holidays at uniform
charges for all UK destinations. Royal Mail generally aims to make first class
deliveries the next business day throughout the nation.[4] For most of its
history, the Royal Mail was a public service, operating as a government
department or public corporation. Following the Postal Services Act 2011,[5][6]
a majority of the shares in Royal Mail were floated on the London Stock Exchange
in 2013. The UK government initially retained a 30% stake in Royal Mail,[7] but
sold its remaining shares in 2015, ending 499 years of state ownership.[8] It is
a constituent of the FTSE 100 Index.


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