Shock for Royal Mail as postal service loses two senior executives

Two senior Royal Mail directors have quit unexpectedly, just months after the postal service floated on the stock exchange.

The boss of ‘operations and modernisation’ Mark Higson is to leave after leading the overhaul of the group’s outmoded practices in the run-up to privatisation.

But despite analyst calls for the group to update its parcel division even further, the company will not directly replace him.

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