[ad_1] The luxury home of a disgraced former mailing boss is going up for auction with a guide price of nearly £3m. Narinder Sandhu was jailed for four years in February. He was the architect of a huge £70m-plus fraud against Royal Mail when he ran Aylesbury-based Packpost International. The fraud went on for years…
[ad_1] Proactive Investors – When Royal Mail (LON:) parent International Distributions Services PLC called for a reduction in its letter delivery services it painted a “a picture of financial distress that is not reflected in current consensus forecasts”, analysts said. Following the calls from the delivery group for all non-first-class letters and bulk mail to…
[ad_1] Royal Mail had originally proposed the termination of its current low-cost age-verified service which would have left smaller UK suppliers and … [ad_2] Source link
[ad_1] When Royal Mail parent International Distributions Services PLC (LSE:IDS) called for a reduction in its letter delivery services it painted a “a picture of financial distress that is not reflected in current consensus forecasts”, analysts said. Following the calls from the delivery group for all non-first-class letters and bulk mail to be delivered every other day, plus “more…
[ad_1] Royal Mail has come under fire from small businesses and greetings card firms over plans to slash daily second-class letter deliveries. The company revealed plans yesterday to scrap the deliveries on Saturdays and cut the service to just five times every two weeks. But critics including the Federation of Small Businesses and The Greeting Card…
[ad_1] The ex-employee from Colchester, who worked as a postman and at a distribution centre in Chelmsford, has lifted the lid on the inner workings of Royal Mail. It comes after countless residents in the city reported being left without mail for weeks on end, with some missing important hospital appointments as a result. The former…
[ad_1] 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 point this year, meaning…
[ad_1] GB News is urging Royal Mail to investigate its systems after our investigation found some stamps are being deemed “counterfeit” by Royal Mail, while other stamps from the same book are not. Royal Mail yesterday told ministers it would investigate problems with new barcoded stamps to try and “ascertain the source of the problem”…
[ad_1] Royal Mail has written to customers explaining major changes it has proposed amid “huge financial pressure”. The postal delivery service has warned that it “will not survive without urgent reform” to its operation. This morning Royal Mail revealed plans it has put forward to the industry watchdog Ofcom, proposing to scrap second-class letter deliveries…
[ad_1] 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 heavy losses and changing…