Royal Mail has revealed the cost of strike action in a bitter dispute over pay and conditions has reached around £200 million, helping pushing the business to a hefty operating loss. The group’s owner, International Distributions Services (IDS), revealed Royal Mail’s operating losses mounted to £295 million in the first …

Royal Mail has revealed the cost of strike action in a bitter dispute over pay and conditions has reached around £200 million, helping pushing the business to a hefty operating loss. The group’s owner, International Distributions Services (IDS), revealed Royal Mail’s operating losses mounted to £295 million in the first …

Jan 26 (Reuters) – UK’s Royal Mail forecast a narrower loss for the current fiscal year, helped by measures to keep costs low, although its expects cash flow to slip into negative for 2024 as it reels from the impact of a series of strikes, its parent firm said on …

The 507-year-old Royal Mail, which was privatised in 2013, is in the middle of a crisis after losing millions of pounds due to staff strikes in a long-running row over pay and conditions. The company now expects an adjusted operating loss near the mid-point of its previous forecast range of …

Britain’s coal fired power stations have been warmed up again amid concerns over the country’s energy supply. National Grid’s Electricity System Operator said it was a “prudent” organisation and the move was a contingency measure. 5 things to start your day  1) Baffling Brexit plan will wreck trade, says M&S chief …

All news about INTERNATIONAL DISTRIBUTIONS SERVICES PLC Analyst Recommendations on INTERNATIONAL DISTRIBUTIONS SERVICES PLC Sales 2023 12 250 M 15 133 M 15 133 M Net income 2023 -263 M -325 M -325 M Net Debt 2023 1 508 M 1 863 M 1 863 M P/E ratio 2023 -7,52x Yield 2023 3,20% Capitalization 2 078 M 2 567 M 2 567 M EV / Sales 2023 0,29x …

A 12-month pilot postal recycling scheme involving community pharmacies has seen the return of more than 20,000 asthma inhalers across Leicester, Leicestershire and Rutland, according to figures published in npj Primary Care Respiratory Medicine. The ‘Take Action for Inhaler Recycling’ (Take AIR) scheme has saved the equivalent of an estimated …

A THUG from Beith slashed a dad in a vicious attack after he raced to track down his daughter in response to a panicked phone call. The victim’s daughter called at 6.30am, and he could hear her shout “dad, help”, with screaming noises in the background, Dumbarton Sheriff Court heard. …

Leader says union will ‘test members’ views again when talks conclude or break down’ Leader says union will ‘test members’ views again when talks conclude or break down’ More from this theme Recent articles The NAHT school leaders’ union will re-ballot its members for industrial action, its leader has …

Chief executive Simon Thompson has been asked to clarify his statements to the Business, Energy and Industrial Strategy committee last week. MPs said they were sent hundreds of complaints regarding his claims that came amid a dispute with the Communication Workers Union. In a letter to him, committee chairman Darren …