Royal Mail privatisation 'botched'
The government "botched" the privatisation of Royal Mail, short-changing taxpayers by hundreds of millions of pounds, Labour says.
More: continued here
The government "botched" the privatisation of Royal Mail, short-changing taxpayers by hundreds of millions of pounds, Labour says.
More: continued here
The House of Commons BIS Select Committee report on the UK mail market, published on 4 March, concluded that the Universal Service (US) is not under immediate threat, although Ofcom should have greater powers to respond rapidly if the situation changes. The Committee decided that US was a benefit, not a burden for Royal Mail….
[ad_1] Big Sender! Royal Mail releases a 12-stamp issue of Dame Shirley Bassey performing in her remarkable 70-year career By Milo Pope Updated: 20:10 EDT, 6 September 2023 She has won many plaudits throughout her 70 year career and now Dame Shirley Bassey is the subject of 12 special stamps. The ‘Girl from Tiger Bay’…
[ad_1] Royal Mail has warned up to 1,000 jobs could be axed under bombshell plans put forward to slash its second-class letter delivery service. The company has outlined cuts to non-first class letters by delivering them only on every other weekday – and scrapping Saturday deliveries entirely. The postal giant said the shake-up could save…
ITN Royal Mail calls for end to price controls after profits collapseIndependent, UK –3 hours agoBy David Prosser, Deputy Business Editor Royal Mail's chief executive, Adam Crozier, is to call for price controls in the market to be lifted after …End to daily rounds debated as Royal Mail drops into redScotsmanRoyal Mail demands cash after £279m lossTimes…
[ad_1] Apollo and Evri expect the deal to complete later this year. The announcement comes after weeks of speculation over the future of Evri. Advent International, another American buyout fund, put the company up for sale earlier this year. The auction has attracted a series of suitors including rival delivery company DHL and the Chinese…
[ad_1] EDF has acquired a majority stake in UK electric vehicle firm Pod Point. Under terms of the transaction, Legal & General, which held a 13 per cent stake in the company, will increases its share to 23 per cent. Pod Point has one of the UK’s largest charging networks, with customers including Tesco and…