The chairman of Royal Mail’s parent company has urged Ofcom to speed up a service review as it fends off a £3 billion takeover approach. Keith Williams, chairman of International Distributions Services, criticised a lack of progress by the government and Ofcom, the communications regulator, in modernising the so-called universal …
Read More »I received a card through the post from a friend, along with a demand for a £5 fee, as Royal Mail claimed the barcoded stamp was counterfeit. The joke is she says she was sent this stamp by Royal Mail when she exchanged her old ones for the new barcoded …
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A highlighted statistic said that Royal Mail handles 7bn letters a day; as the main text of the article made clear, that is an annual figure (Royal Mail wants second-class letter delivery cut to every other weekday, 4 April, p2). The British Nutrition Foundation’s recommended daily protein intake is 56g …
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By Jessica Clark Updated: 17:03 EDT, 22 April 2024 Takeover battle: Royal mail wants permission to cut second class deliveries Royal Mail has urged regulators to allow it to cut second class deliveries as it tries to fight off a takeover by a billionaire dubbed the ‘Czech Sphinx’. Parent company …
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The FTSE 100 bounced back as geopolitical tensions eased, with neither Israel nor Iran launching fresh retaliatory attacks over the weekend while the US passed a crucial aid package for Ukraine. Fears of a Russian victory over Ukraine have dissipated, with the long-awaited passing of the $60.8bn (£49.2bn) funding deal by the US House …
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2. Royal Mail owner doubles down on calls for regulatory change. Royal Mail's universal service obligation, legally requiring the letter service, had … Source link
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Proactive Investors – Royal Mail (LON:) owner International Distribution Services PLC has been dubbed “vulnerable to corporate predators” due to obligations requiring letters be delivered six days a week. IDS’ third-largest shareholder, Redwheel, urged regulators to scale back the requirements under its universal service obligations following a takeover attempt by …
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Most of us take a cruise to do not much but relax – but this high dive is proof you can still find an adrenaline rush onboard. In a death-defying video, Ginni van Katwijk, a trained high diver for Royal Caribbean, performs a spectacular leap on the Harmony of the …
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Royal Mail in play amid UK postal sector review. Non-UK ownership mooted for service, founded by Henry VIII, facing challenges. Keith Mullin 22 Apr … Source link
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Royal Mail is pressuring regulators to approve plans for less frequent letter deliveries, as the company scrambles to fend off a £3.1bn takeover bid from a Czech billionaire. International Distributions Services (IDS), Royal Mail’s parent company, said foot-dragging by Ofcom had “held back” plans to modernise the company. Keith Williams, …
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