Royal Mail plc
100 Victoria Embankment
Tel: +44 20 7250 2888
Royal Mail is the national postal service of the United Kingdom. Unlike other former state monopolies such as The Stationery Office, British Gas and British Telecom, Royal Mail was not privatised in the 1980s and 1990s, but remains a public limited company wholly owned by the UK government.
In 2002, the organisation became "Royal Mail Group plc", and then in 2006, the UK mails market was fully liberalised, resulting in full competition for the first time.
Postal Services Holding Company Limited is the ultimate parent company of Royal Mail Group, which until April 2012 operated with the following divisions:
- Post Office Limited
- Royal Mail Investments Limited
- General Logistics Systems B.V.
- Royal Mail Estates Limited.
In April 2012, Post Office Limited Ltd was transferred from under the ownership of Royal Mail Group Ltd to become a direct subsidiary of Royal Mail Holdings plc. (see 'Operations: Structure' for further information).
In July 2013, the British Government announced it would sell a majority stake in Royal Mail Group through "flotation on the London stock exchange through an initial public offering" (IPO).For 2014, the Royal Mail Group reported revenues of £9,424m.