London-listed International Distribution Services told markets it would publish its full-year financial results at 7am on Thursday, but by 11.30am nothing had been released. It comes a week after the company said it was “minded” to agree to a takeover by Czech billionaire Daniel Kretinsky. Mr Kretinsky, whose EP Group …
Read More »FTSE 100 Live 23 May: Nationwide profit down, shares steady as growth slows
Royal Mail owner fails to publish financial results amid impending takeover bid. The owner of Royal Mail has failed to publish its annual trading … Source link
Read More »Royal Mail owner IDS fails to post full year results on time as takeover bid looms
Thursday 23 May 2024 10:16 am Share Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp Email Share on Email Royal Mail owner IDS has failed to publish its results on time Royal Mail’s parent company International Distribution Services (IDS) has failed to …
Read More »Former Canadian CEO’s texts reveal accusations about U.K. Post Office scandal
Open this photo in gallery: Former CEO of Post Office Limited Paula Vennells arrives to give evidence to the Post Office Horizon IT Inquiry, in London, on May 22.HENRY NICHOLLS/Getty Images A Canadian businesswoman who ran Britain’s Royal Mail for nearly a decade has accused a senior executive of knowing …
Read More »Ex-Royal Mail head Moya Greene told disgraced Post Office chief Paula Vennells: ‘I think you knew’
Ms Vennells joined the Post Office in 2007 as group network director before later progressing to managing director and eventually chief executive in 2012, a role she left in 2019 after handing in her resignation in the latter months of 2018. However, she told the inquiry that she did not …
Read More »Post Office inquiry live: Ex-boss Paula Vennells cries and admits evidence to MPs wasn’t true
Post Office inquiry live: Ex-boss Paula Vennells cries and admits evidence to MPs wasn’t true – BBC News BreakingBreaking news Close breaking news Summary Ex-Post Office boss Paula Vennells has been in tears at the inquiry into the Horizon scandal She broke down when acknowledging that what she told MPs …
Read More »Paula Vennells denies Post Office conspired to hide Horizon flaws
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Paula Vennells denied there was a conspiracy by the Post Office to hide information about flaws in its Horizon system, as she broke down in tears on Wednesday and apologised …
Read More »Ex-Post Office CEO Paula Vennells apologizes
Former Chief Executive Officer (CEO) of Post Office Limited Paula Vennells (C) arrives to give evidence to the Post Office Horizon IT Inquiry, in central London, on May 22, 2024. More than 700 people running small local post offices received criminal convictions between 1999 and 2005 after faulty accounting software …
Read More »Ex-chief of Royal Mail Group accused Vennells of knowing about IT errors – The Irish News
The former CEO of Royal Mail Group accused Paula Vennells of knowing about Horizon IT errors, telling her “I can’t now support you”. On Wednesday, the Horizon IT inquiry was shown a text message exchange between Vennells and Dame Moya Greene in January 2024, after the ITV drama Mr Bates …
Read More »Key points from day one of Paula Vennells at Horizon inquiry as sub-postmaster victims and Royal Mail’s Dame Moya Greene alike don’t believe her account – MKFM 106.3FM
The account of the Post Office’s former chief executive about what she knew during key years of the firm’s scandal is not believed by the former CEO of Royal Mail, the inquiry into the injustice has heard. Paula Vennells has been giving evidence as part of a three-day appearance at …
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