International distribution services
Royal Mail takeover cleared, Gov't retains ‘golden share’
The UK government has cleared the purchase of Royal Mail owner International Distribution Services (IDS) by Czech billionaire Daniel Křetínský’s EP Group.
Royal Mail cuts losses, but NI increase casts cloud
Sales are up and losses have been significantly reduced at Royal Mail – but an expected £120m increase in costs due to the upcoming National Insurance hike has resulted in a £134m impairment charge at...
Royal Mail in IoT first for real-time tracking
Royal Mail has partnered with an internet of things (IoT) tech firm to track the real-time whereabouts of nearly one million containers used to transport letters and parcels around the country.
IDS takeover bid called in, CWU calls for 'robust scrutiny'
The proposed £3.6bn takeover of Royal Mail’s parent company by Czech billionaire Daniel Křetínský has been called in for government review under the National Security and Investment Act.
Election boosts Royal Mail in Q1
The General Election delivered a substantial boost to Royal Mail’s performance in Q1 with big increases in postal vote returns and candidate mail.
Křetínský: 'We can help Royal Mail to finalise its transformation'
Czech billionaire Daniel Křetínský has rejected concerns that he is only really interested in Royal Mail’s lucrative parcels business.