Royal Mail will go into foreign hands for the first time when Daniel Kretinsky’s approved bid completes The owner of Royal Mail is set to return to profit just as its long drawn out sale to Daniel Kretinsky nears completion thanks to a welcome uplift in the number of parcels …
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The owner of Royal Mail has said it remains on track to return to annual profit after a parcel boost over Christmas as its £3.6bn takeover by Czech billionaire Daniel Kretinsky nears completion. Royal Mail is onb track to be back in profit ( Image: © 2025 PA Media, All …
Read More »“A surprise pullback in the rate of inflation has given joy to investors,” says Russ Mould, Investment Director at AJ Bell. “It strengthens the argument for the Bank of England to continue cutting interest rates and that’s fired up shares in housebuilders in the hope that mortgage rates will go …
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The owner of Royal Mail is on track to return to profitability as its protracted sale to Daniel Kretinsky nears completion, buoyed by a significant increase in parcel deliveries over the festive period. International Distribution Services (IDS) reported that Royal Mail’s “successful Christmas period” resulted in the processing of 188m …
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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 …
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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 …
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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. …
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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 …
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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 …
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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 …
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