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60 New Jobs for Cornwall Delivered by Royal Mail

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7:02am 30th October 2012

The Royal Mail is creating sixty new jobs in Cornwall.

It is part of a £75m project to boost its parcels business.

A new depot will open in the Duchy within the next two years.

Bosses have not revealed where the new investment is set to be made.

In the last financial year parcels were worth 48% of total revenues for the business, adding up to £4.2 billion.

Royal Mail Group’s Chief Executive Moya Greene said: “Our £75 million investment is part of Royal Mail Group’s strategy to grow its parcels businesses in the UK and overseas. Our strategy is to convert the rise in parcel volumes in to profitable growth. That means becoming a much more customer-focused company being run on commercial lines and investing in new, vital technology.

“The investment will enable Royal Mail Group’s express parcels business to meet the rapid growth in demand in the business-to-business, business-to-consumer and consumer-to-consumer markets.”

Mark Hoban, Minister for Employment, said: “It is great news that 1,000 new jobs will be created across the country as a result of this investment. We've now got a record number of people in employment and these jobs will provide welcome opportunities for people who are looking for work.”

Unions said the jobs news was welcome, but would only help offset jobs being lost elsewhere in the business.

7:02am 30th October 2012

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