The Royal Mail Group, which has been privatised in October 2015, has received a pre-Brexit boost due to campaign mailings. According to the FT, Canadian chief executive Moya Greene, said “it was ‘monitoring the situation’ as ‘movements in GDP’ are ‘key drivers’ for the letters and business parcels market”.

The group has seen a 2% growth in online shopping, but volumes and revenues from letters continued to fall. Without the pre-Brexit boost, it would have declined around 4%. Overall, the group revenue went up by 1% due to its overseas parcel business, GLS, which continues to perform well according to Mrs Greene.

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