Royal Mail, after three years of financial struggles, has finally returned to profitability, reporting a £12 million profit.
This turnaround comes after a Czech billionaire's takeover and significant changes, including Saturday second-class letter delivery cessation.
The company's focus shift towards parcel deliveries and modernization efforts have contributed to this positive financial outcome.
Despite ongoing challenges, the return to profit signifies a crucial step in Royal Mail's recovery and future growth.