elenathewise / Depositphotos International Distributions Services PLC (LON:IDS) saw revenue down 5.4% to £9.1bn over the first 9 months of the financial year. That reflected a 12.8% decline from Royal Mail that was partially offset by GLS, which rose by 9.7%. Royal Mail continues to feel the impact of structurally …
Read More »Royal mail resumes more services after cyber incident | WTVB | 1590 AM · 95.5 FM
Royal mail resumes more services after cyber incident | WTVB | 1590 AM · 95.5 FM | The Voice of Branch County Close For the health and safety of everyone, our offices are temporarily closed to the public. If you have …
Read More »Royal mail resumes more services after cyber incident
LONDON, Jan 26 (Reuters) – British postal firm Royal Mail is restarting some of its international export services, the company said on Thursday, two weeks after its operations were disrupted by what it called a “cyber incident.” Royal Mail will be resuming its International Tracked and Signed, and International Signed …
Read More »Royal Mail says strikes have cost it £200m – BBC News
The dispute with workers in the Communication Workers Union has led to 18 days of walkouts since August. Royal Mail owner International Distributions … Source link
Read More »Strikes cost us £200m, says Royal Mail as it posts large loss | Business
Strike action at Royal Mail has cost the besieged postal company about £200 million, sending it to a large operating loss. International Distributions Services (IDS), the recently renamed parent company, posted operating losses at Royal Mail, its UK business, of £295 million for the first nine months of its financial …
Read More »Royal Mail reveals £200m cost of strikes as revenue dives
T he owner of strike-ravaged Royal Mail today revealed the scale of the devastating impact of industrial action on its profits after strikes brought chaos to the peak Christmas parcel and card delivery season. International Distribution Services said 18 days of industrial action by postal workers — including seven in …
Read More »Royal Mail strike action has cost business £200m
Royal Mail strike action has cost business £200m as worker woes and cyber attack put boss Simon Thompson under mounting pressure Royal Mail owner IDS said 18 days of strike action had hit the group Letter and parcel volumes down and a hefty annual loss is forecast By Jane Denton …
Read More »Royal Mail resumes some international parcel services from UK
Royal Mail continues to make steady progress on recovering its international letter and parcel export services following a suspected LockBit ransomware attack earlier in January. Having started to despatch standard export letters, and letters and parcels from Northern Ireland into Ireland, on Thursday 19 January, the postal service now says …
Read More »Save crown jewel GLS from Royal Mail now
ID 44176444 © Kaspars Grinvalds | Dreamstime.com The trading update of International Distributions Services (IDS) for the nine months to the end of December did very little to boost the morale of the value hunters. The holding company, whose chief trading arms are Royal Mail (RMG) and GLS, represents the dichotomy …
Read More »Royal Mail takes £200mn hit from postal strikes
Royal Mail has taken a £200mn hit from strikes as it races to restore customers’ faith in its services amid an ongoing dispute with postal workers and a damaging cyber attack. The UK delivery group’s parent company, International Distribution Services, said on Thursday that 18 days of staff walkouts pushed …
Read More »