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Royal Mail performance in “significant” improvement

Royal Mail is back in the black – on an adjusted basis – after “significantly” improving its financial and operational performance. Parent group International Distribution Services, now delisted from the Stock Exchange and under foreign ownership, has announced its full year results for the year ending 30 March.  Sales at …

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eBay Celebrates 30 Years of Creating Economic Opportunity

eBay are celebrating three decades of ecommerce success today! Since its founding in 1995, eBay has shaped the way enthusiasts participate in the circular economy, empowering entrepreneurs and creating economic opportunity for millions. eBay’s 30th anniversary is an important milestone we share with our global community of buyers and sellers, …

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Royal Mail returns to profit for first time since 2022

International Distribution Services (IDS), the parent company of Royal Mail and GLS, has announced its financial results for the year ending March 30, 2025, revealing a return to profit for Royal Mail for the first time in three years. The postal operator achieved £12m (US$16m) in adjusted operating profit (excluding …

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Scotland scraps peak rail fares

Mitchell LabiakBusiness reporter, BBC News Ken Jack/Getty Images Train passengers no longer have to pay higher prices for peak time tickets on ScotRail, raising the question over whether the rest of the UK could follow suit. While some passengers told the BBC they would welcome the prospect of cheaper tickets, …

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