Royal mail
Royal Mail parent accepts foreign buyout deal
Royal Mail parent company International Distributions Services’ (IDS) board has accepted a £3.6bn buyout deal from Czech billionaire Daniel Křetínský’s firm, EP Group.
CWU sets out stall over £3.5bn foreign bid for Royal Mail
Union the CWU plans to “use its political influence” in the debate over the possible foreign takeover of Royal Mail, while the current business secretary has asserted that the government would need to...
Royal Mail: IDS takeover bid upped by 15.6%
Foreign investor EP Corporate Group has returned to the table with a much higher offer for Royal Mail owner International Distributions Services – and the IDS board is minded to accept it.
Royal Mail parent rejects possible takeover bid
The saga around Royal Mail continues, with confirmation that parent group International Distributions Services has rejected a potential takeover bid from a group connected to its biggest shareholder...
Stamp prices increasing again
Royal Mail has said that the price of both First Class and Second Class stamps will increase again as of next month.
Ofcom report on future of USO: industry reacts
Industry bosses have until 3 April to respond to Ofcom’s proposals for reform of the Royal Mail’s Universal Service Obligation – while publishers’ association the PPA has already warned about the...
CWU slams Ofcom universal postal service report leak
The Communication Warkers’ Union (CWU) has sharply criticised Ofcom after the media regulator’s recommendation to axe Saturday post was leaked to the press.
Royal Mail 'wins back customers', parent recruits new CFO
Royal Mail has reported a “marked improvement in performance” in Q4 2023, but the CEO of parent International Distributions Services has again described the Universal Service as “unsustainable”.
SMP welcomes new Royal Mail government sector incentive
The Strategic Mailing Partnership (SMP) has welcomed the launch of the new Government Sector Economy Incentive from Royal Mail.
Investigation finds Royal Mail prioritising packages over letters
Royal Mail regularly prioritises the delivery of packages over letters, a Sunday Times investigation has found.
Royal Mail: last posting dates and TikTok deal
Royal Mail has issued last posting dates for Christmas that should allow time for much more last minute business than last year.
Royal Mail seeks injunction to stop postal strike
Royal Mail is seeking an injunction to stop a strike by the Communication Workers Union (CWU) over job security and employment conditions, citing “potential irregularities” in the ballot of its...