Royal Mail announced it had set aside about $29 million for possible fines issued by French competition authorities, say reports. The UK postal company said it entered into a settlement with French competition regulators following an investigation into the company’s French unit, Global Logistics Systems. While Royal Mail did not …
Read More »GB News’ Jessica Sheldon speaks out after exposing the Royal Mail stamps scandal
GB News’ Digital Finance Editor Jessica Sheldon speaks to GBN Membership holders after exposing the Royal Mail stamps scandal. In January, Jessica carried out an investigation into Royal Mail stamps and found that Britons are often shelling out for stamps that have been deemed counterfeit, despite insisting they were originally …
Read More »People moves: The People's Pension appoints new director | News | IPE
Doyle has more than three decades of experience in executive and board positions across organisations including Deloitte, BP, Royal Mail, IBM, and … Source link
Read More »Companies roundup: DS Smith takeover & Entain
DS Smith (SMDS), Entain (ENT), car registrations, Future (FUTR), Ascential (ASCL), Motorpoint (MOTR) and Gooch & Housego (GHH) Packaging giants DS Smith (SMDS) and Mondi (MNDI) are still in merger talks, having reached an agreement in principle last month. The Panel on Takeovers and Mergers has extended the offer deadline from 5pm on 4 April …
Read More »Money blog: Cost of £7 pint broken down – how much is tax and profit? | UK News
By Faith Ridler, news reporter At the start of the year, I set myself what felt like an impossible challenge – to make enough cash to finally go on my dream holiday to Japan – all through side hustles. After a few false starts – and a lot of cat …
Read More »The Drum’s Daily Briefing: Spotify set to raise prices while musicians protest AI
Quickfire analysis of the brand, marketing and media stories that might just crop up in your meetings, brought to you today by editor-in-chief Gordon Young. In an apparent ‘squeeze ‘em ‘till the pips squeak’ move, Spotify has announced its second subscription price increase in a year while the music industry …
Read More »Erosion of postal delivery service or much needed reform?
The mail arrives at Belmont, Unst. photo: Royal Mail ISLES MP Alistair Carmichael has called on postal regulator Ofcom to reject proposals from Royal Mail to cut back on delivery services. On Wednesday the company published proposals to cut services including changing the delivery of all non first class letters …
Read More »Fraudster’s house goes under the hammer
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 …
Read More »Royal Mail Ofcom plea reveals financial distress is worse the market believes By Proactive Investors
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 …
Read More »BHETA secures back down from Royal Mail in age verification service for bladed items businesses
Royal Mail had originally proposed the termination of its current low-cost age-verified service which would have left smaller UK suppliers and … Source link
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