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 …
Read More »Small businesses and greetings card firms blast ‘drastic’ Royal Mail plan to end daily second class deliveries and cut the 85p-a-letter service to five times a fortnight
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 …
Read More »Colchester whistleblower speaks about Royal Mail chaos
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 …
Read More »Here’s why the Royal Mail (IDS) share price is pumping
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 …
Read More »Royal Mail brands stamp ‘counterfeit’ but finds two others in same book are genuine
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 …
Read More »Royal Mail warns it ‘will not survive’ without changes – full letter to customers
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 …
Read More »Firms fear cost of Royal Mail changes
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 …
Read More »Letter deliveries could be halved under Royal Mail reforms
The Royal Mail wants to reduce the delivery of second class letters to every other weekday under proposals to reform the postal service. The plans will see first class post continued to be delivered six days a week but second class post deliveries will be halved to three deliveries a …
Read More »Colchester residents frustrated with lack of Royal Mail deliveries
Royal Mail’s Colchester depot has once again come under fire from the city’s residents who are said to be falling victim to severe postal delays. According to reports, some homeowners and tenants only receive their mail once a month, with some seeing their lives turned upside down as a result. Emily Johnson, for …
Read More »Royal Mail names Heathrow exec Emma Gilthorpe as new boss after hiking price of stamps for third time in a year
By Leah Montebello Updated: 18:10 EDT, 2 April 2024 Royal Mail has named a senior Heathrow executive as its next boss – just as it hikes the price of stamps for the third time in a year. Emma Gilthorpe, who is the airport’s chief operating officer, will join the delivery …
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