International Distributions Services plc have provided an update on the Group’s trading in the first quarter of FY2023-24. Key points:• Royal Mail total revenue down 4.0% year on year in the first quarter, as expected. Domestic parcel volumes broadly as expected, with slightly weaker revenue performance due to price/mix and lower …
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Royal Mail has warned customers expecting deliveries in England and Wales that they may face delays today, Friday, July 21. While the bulk of the service is operating as normal across the country, the courier claimed that issues in local offices have disturbed the usual flow of work. The company …
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They’re already a famous double as their latest command performance made clear, whether it was waving cheerily to the crowds or punching the air together in delight when Carlos Alcaraz overcame Novak Djokovic in the Wimbledon men’s final. George and Charlotte and not he only prince and princess double act …
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The German has taken home in excess of £3m over the last two years, more than double the £1.3m paid to outgoing Royal Mail chief Simon Thompson over the same period. The task facing Seidenberg cannot be underestimated. One of the worst campaigns of industrial action in a generation drew …
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© Reuters FTSE 100 extends gains, Royal Mail impresses with new CEO Proactive Investors – rises 14 points Anglo American (LON:) jumps on back of strong output easyJet (LON:) reports record quarterly profit FTSE 100 starts on front foot The FTSE 100 has extended its gains but not quite in …
Read More »“After yesterday’s spectacular session for UK stocks, it was refreshing to see further gains on Thursday. The FTSE 100 nudged up 0.6% to 7,632 thanks to strength among miners, and investors continue to shop for bargains among the housebuilders. However, market sentiment can turn quickly and investors have a habit …
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Royal Mail bosses have apologised after a Forfar woman waited 12 days for sympathy cards to arrive after her mum’s death. Mary Ballantyne received the backlog of 17 cards in late June – 12 days after her mum, Helen McIntyre, had passed. She received the death certificate at the same …
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Royal Mail owner appoints new chief exec after year of union disputes and heavy losses By Calum Muirhead Updated: 16:54 EDT, 20 July 2023 The parent of Royal Mail has appointed insider Martin Seidenberg its group chief executive as it embarks on a dramatic overhaul. Seidenberg has been promoted to …
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Royal Mail owner International Distributions Services is at a critical juncture and it feels telling the company has appointed the head of its overseas delivery operation GLS to lead the broader group. AJ Bell’s Danni Hewson said: “Having settled the industrial action which had been dogging Royal Mail’s every move, incoming …
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The company behind Royal Mail has appointed its next boss from its rapidly growing Dutch subsidiary following a bruising time for the logistics giant. International Distributions Services (IDS) said that Martin Seidenberg will become chief executive of the group. Since 2020 he has run GLS – an Amsterdam-based parcel delivery …
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