Royal Mail’s owner International Distribution Services (IDS) said on it was on track to return to profit, thanks to Christmas parcel deliveries. Tracked parcels sent over the holiday season increased 19 per cent to 188 million while revenue rose by 2.4 per cent during the last quarter. In contrast, the …
Read More »Trainee PC saves elderly Lincolnshire woman from scammers
A trainee Lincolnshire police officer helped save a woman in her 80s from being scammed. Joan was contacted by the fraudsters last month who claimed there was an issue with her bank account and that she needed to send them money for fingerprint checks, Lincolnshire Police said. She sent £2,850 …
Read More »Tracked deliveries and parcels boost Royal Mail performance
The takeover bid for Royal Mail’s parent group has cleared two more regulatory hurdles, and trading at the business continues to improve. EP UK Bidco’s £3.6bn offer for International Distribution Services (IDS) has now gained merger control clearance from the European Commission and from the USA Committee on Foreign Investment. …
Read More »Royal Mail saw huge fall in letter deliveries after it hiked first class stamp prices
Privatised postal giant Royal Mail increased the price of a first class stamp to £1.65 in October – and there are fears of another increase to come Letter volumes continued to tumble after price of a first class stamp jumped by 30p ( Image: Getty Images) Royal Mail saw the …
Read More »Royal Mail on track to return to annual profit after…
The owner of Royal Mail has said it received a fillip from parcel deliveries over Christmas, putting it on track to return to annual profit, as its £3.6bn takeover by the Czech billionaire Daniel Křetínský nears completion. International Distribution Services (IDS) said Royal Mail delivered more than 99% of items …
Read More »Royal Mail owner IDS eyes return to profit as Kretinsky takeover nears completion
Revenues rose 2.4% across Royal Mail in three months to the end of December By JANE DENTON Updated: 10:36 EST, 15 January 2025 The owner of Royal Mail said it remained on track to return to annual profit after a parcel boost over Christmas. The update was revealed as the …
Read More »‘POST’ CHRISTMAS BLUES FOR ROYAL MAIL WORKERS
ROYAL Mail workers in Mid-Ulster have been hit by the ‘Post’ Christmas blues through no fault of their own. The Courier understands that Royal Mail workers in Dungannon, Cookstown and Magherafelt have been informed their overtime has been cut with immediate effect. A Mid-Ulster Royal Mail employee contacted Cookstown UUP …
Read More »Royal Mail IDS owner to return to profit as Kretinsky takes reins
Wednesday 15 January 2025 12:20 pm Share Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp Email Share on Email Royal Mail will go into foreign hands for the first time when Daniel Kretinsky’s approved bid completes The owner of Royal Mail is …
Read More »Royal Mail on track to return to annual profit after strong Christmas | Royal Mail
The owner of Royal Mail has said it received a fillip from parcel deliveries over Christmas, putting it on track to return to annual profit, as its £3.6bn takeover by the Czech billionaire Daniel Křetínský nears completion. International Distribution Services (IDS) said Royal Mail delivered more than 99% of items …
Read More »Royal Mail owner IDS’ Q3 revenue inches higher on busy Christmas
Posted By Global Banking and Finance Review Posted on January 15, 2025 (Reuters) – Britain’s International Distribution Services said on Wednesday its revenue inched 0.8% higher during the busy Christmas period as its Royal Mail business handled more international parcel volumes. (Reporting by Yadarisa Shabong in Bengaluru; Editing by Varun …
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