A former senior executive at the Post Office was told by auditors the Horizon IT system was “a real risk”, four years before sub-postmaster prosecutions stopped. Post Office’s auditors Ernst and Young (now called EY) warned Alice Perkins, the company chair in 2011, that the accountancy software “is a real …

A New York hedge fund has emerged with a short position in the owner of Royal Mail amid a £3.6 billion overseas takeover offer for the postal services group. Sessa Capital appeared with a 0.73 per cent position in International Distribution Services on Friday, regulatory filings show, two days after …

The Post Office’s former chair learned of concerns about Horizon almost immediately after joining in 2011, yet failed to challenge the organisation’s line that the system was robust. Alice Perkins chaired the Post Office for about four years from July 2011 – a period when it was defending the Horizon …

Reward, a specialist in customer engagement and commerce media, has announced the appointment of Paul Jones to spearhead and scale the business’ insights proposition. He steps into the new role of SVP of Data & Insights, bringing expertise in the insights and analytics space. With more than 12 years of …

New banknotes featuring the portrait of King Charles III have entered circulation, according to the BBC. However, it may take some time before they become a common sight in wallets and purses. The Bank of England will gradually introduce these notes as replacements for damaged ones or in response to …

The owner of Williams Advanced Engineering is the leading contender to buy TeamSport, the pan-European operator of go-karting circuits. Sky News understands that EMK Capital, a London-based private equity firm, has emerged as the frontrunner to acquire the business. The price is expected to be in the region of £150m. …

A video of a masked Banksy wannabe spraypainting a postbox gold has emerged. Danny Whiskin pleaded guilty to several criminal damage charges after he vandalised 38 postboxes across the Dartford area earlier this year. Danny Whiskin, 33, was recorded vandalising postboxes in Dartford earlier this year. Picture: CPS In the …

Stroud District Council is gearing up for the General Election on July 4 and if you’re unsure about voter registration, postal and proxy votes, and voter ID, we have all the information you need. The Council received the official writ for the General Election (Friday, May 31) following the dissolution …

LONDON — In the United Kingdom, the rapid spread of cashless payments means that cash is no longer king, but now at least the notes will carry the image of one. Banknotes featuring King Charles III’s face went into circulation on Wednesday, his portrait featured on new 5-, 10-, 20- …

Royal Mail has launched a new, refreshed version of its website, now available at http://www.royalmail.com/, to make it easier for customers to pay for postage online and to track parcels. A new homepage features a revamped header with improved navigation, to make the website simpler to use and more visually …