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Here’s why the Royal Mail (IDS) share price is pumping

2024-04-04 05:54:15 ET International Distributions Services (LON: IDS) share price has staged a strong recovery this week as investors cheer the recent actions by Royal Mail. The stock surged to a high of 240.8p on Thursday, its highest point since March 11th. Still, it remains about 18.8% below the highest …

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Firms fear cost of Royal Mail changes

Representatives of small businesses and workers have expressed concern at “drastic’’ plans to reduce the frequency of second-class post deliveries, warning it could have damaging knock-on effects for the economy. Royal Mail is proposing to cut the delivery of second-class letters to every other weekday as it looks to tackle …

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Five-bedroom mansion once owned by mastermind of £70m Royal Mail fraud can be yours for £2.75million – and you’ll have Sharon and Ozzy Osbourne for neighbours too

A five-bedroom mansion once owned by a scammer who fleeced the Royal Mail out of £70million has gone up for sale after being seized. Complete with a detached pool house, the sprawling property is the former home of Narinder Sandhu, 62, who used the proceeds of an elaborate postage scam to buy …

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