Royal Mail ‘considering £430m swoop for Euro rival’ December 13, 2023 International Distributions Services is said to be considering going in for the company which operates in central and eastern Europe.
Evri-one’s fed up: Ofcom reveals Britain’s least favourite delivery firms December 7, 2023 Ofcom found that two-thirds of those it surveyed said they have had a delivery issue in the past six months.
Can Royal Mail owner IDS turn itself around? November 17, 2023 Royal Mail owner IDS Losses are widening for the group, badly burned by heavy strike action and complaints. Can it turn its fortunes around?
IDS: Royal Mail owner ‘pulling out stops’ to save Christmas as losses slide almost 200 per cent November 16, 2023 International Distribution Services (IDS), the parent company of Royal Mail, has said it is working to improve quality after profits plunged.
Royal Mail hit with £5.6m fine after sluggish delivery times November 13, 2023 The £5.6m fine, to be paid to HM Treasury within two months, includes a 30 per cent reduction, acknowledging Royal Mail's admission of liability.
Royal Mail delivery disasters continue amid reports of delays and lost letters October 18, 2023 Ofcom could fine Royal Mail after it failed to deliver on postal targets across the whole of the UK this summer.
Royal Mail prepares for holiday rush with 16,000 hires October 3, 2023 Royal Mail is ramping up its Christmas operations, enlisting the help of 16,000 temporary workers to ensure the busiest time of the year runs smoothly for the British postal service. The temporary employees will help 110,000 posties sort and deliver packages ahead of and throughout the holiday season, including over the annual Black Friday and [...]
Darren Jones: Keir Starmer moves rising star to Labour’s shadow treasury team September 4, 2023 Labour MP Darren Jones has been appointed shadow chief secretary to the treasury, in Sir Keir Starmer’s reshuffle of his top team. Jones made headlines and viral TikToks as he clashed with Royal Mail, Amazon and P&O bosses in his role as business and trade select committee (BTC) chairman. He will now serve alongside shadow [...]
Tevva Motors is latest to ditch UK: Royal Mail EV lorry supplier moves to US August 16, 2023 Royal Mail’s electric lorry supplier Tevva Motors will move its headquarters to the US after announcing a merger with a New York-listed electric carmaker. Tevva Motors, whose headquarters are in Tillbury, Essex, said it would merge with Canada-based ElectraMeccanica and relocate to Delaware. The start-up firm – who manufacture a range of medium and heavy [...]
As posties strike ends, is Royal Mail’s parent still keen on splitting the business? July 21, 2023 Following the appointment of Martin Seidenberg to the top job at Royal Mail’s parent company, International Distribution Services (IDS) on Thursday, the company’s next moves could be crucial in determining the future direction of Royal Mail, analysts have said. In his speech to the AGM on Thursday, IDS chairman Keith Williams said until it sees [...]