Royal Mail’s parent firm has said it faces no further action months after ministers said they would launch a national security probe into the company. International Distributions Services (IDS), which was renamed from Royal Mail Group earlier this year, had faced the potential intervention after the firm’s largest shareholder, Vesa, …
Read More »Royal Mail workers call off strike action
Planned strikes by staff at Royal Mail over the next two weeks have been abandoned following a challenge by the firm. The Communication Workers Union, which represents much of Royal Mail’s staff, said on Monday that it had chosen to withdraw industrial action notices over the next two weeks on …
Read More »Royal Mail group faces ‘no further action’ over potential security probe
R oyal Mail’s parent firm has said it faces no further action months after ministers said they would launch a national security probe into the company. International Distributions Services (IDS), which was renamed from Royal Mail Group earlier this year, had faced the potential intervention after the firm’s largest shareholder, …
Read More »Six days of Royal Mail strikes called off following legal threat
Planned strikes by Royal Mail workers over the next two weeks have been called off amid a legal challenge. The Communications Workers Union (CWU) has withdrawn its planned walkouts due on November 2, 3, 4, 8, 9 and 10. Continued strike action was being planned to form part of the …
Read More »Royal Mail strikes cancelled after ‘legal threat’
News CWU union leaders should meet bosses’ threats with escalation By Nick Clark Downloading PDF. Please wait… Monday 31 October 2022 Issue 2829 Pickets at Prestwich delivery office, Manchester, during the Royal Mail strikes on 13 October CWU union leaders have called off six planned days of Royal Mail strikes …
Read More »Government to take no further action under the National Security and Investment Act (2021) on Royal Mail share acquisition
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Read More »UK will not take action over Czech mogul’s plan to raise Royal Mail stake
Oct 31 (Reuters) – Britain is no longer intervening in Czech billionaire Daniel Kretinsky’s plan to increase his stake in Royal Mail parent International Distributions Services (IDSI.L), sending the company’s shares up more than 7% on Monday. In August, Royal Mail said it had been notified by then business minister …
Read More »Government clears Czech billionaire to increase his stake in Royal Mail
Government clears Czech billionaire’s plan to increase his 22% stake in Royal Mail after national security probe Daniel Kretinsky looks set to be allowed to up his stake in Royal Mail In August, the Government said it would launch a national security probe Today, International Distributions Services – the new …
Read More »Czech billionaire cleared to increase stake in Royal Mail | Business
The government looks to be prepared to allow Daniel Kretinsky, the secretive Czech billionaire, to increase his stake in the owner of Royal Mail. In August Kwasi Kwarteng, then business secretary, told Kretinsky not increase his stake in International Distributions Services (IDS), using powers under the National Security and Investment …
Read More »Royal Mail strike postponed following legal letter
The postal strikes set to involve more than 115,000 workers over the next fortnight have been postponed after Royal Mail served the workers’ union with a legal letter. Royal Mail’s legal department wrote to the Communication Workers Union (CWU) drawing attention to issues with the formal notification of planned rolling …
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