Tag Archives: business

Costs have not fallen alongside the lower volumes. Royal Mail has blamed the restrictive framework for its hefty losses of £319m in the first half of the year, as well as for a slump in service quality that sparked a record £5.6m fine from Ofcom. Earlier this month, Royal Mail …

His ownership of significant stakes in Royal Mail and Sainsbury’s has forced him to be more open and, in his first British interview last year, he pledged to keep Royal Mail listed on the stock market, saying it was good if “every British citizen can invest in the shares”. Royal …

In a further headache, Royal Mail risks another clash with unions after bruising strikes last year that cost the company £1m a day. The changes are expected to cut the number of delivery routes by up to 9,000 – a move that is expected to lead to around 1,000 redundancies. …

Logistics and mail group International Distributions Services on Tuesday said it had appointed Emma Gilthorpe as chief executive of its subsidiary Royal Mail. Gilthorpe will join the embattled British postal operator on May 1, working with group chief executive Martin Seidenberg before taking over fully later in the summer months. …

Logistics and mail group International Distributions Services on Tuesday said it had appointed Emma Gilthorpe as chief executive of its subsidiary Royal Mail. Gilthorpe will join the embattled British postal operator on May 1, working with group chief executive Martin Seidenberg before taking over fully later in the summer months. …

Mr Thompson stepped down after just two years at the helm after facing disruptive strike action led by the Communication Workers Union (CWU) over pay and working conditions. The former Apple and Ocado executive sought to modernise Royal Mail by refocusing its delivery business towards parcels, amid fierce competition from …

British postal operator Royal Mail is facing an overhaul to cut heavy losses Adrian DENNIS Text size Logistics and mail group International Distributions Services on Tuesday said it had appointed Emma Gilthorpe as chief executive of its subsidiary Royal Mail. Gilthorpe will join the embattled British postal operator on May …

In January, Fujitsu admitted that staff had known about bugs and errors for years and apologised for its role in the scandal. The company said in January that it would not seek public sector contracts for the next two years as a penance for the Horizon scandal. Fujitsu said the …

Two decades after meeting on the music retail scene, a Sudbury couple realised a long-time ambition, with the opening of their new record shop. Rewind Records – a new outlet dedicated to vinyl music – opened in Gaol Lane on Saturday morning. The store buys and sells records across all …

A popular coffee truck will be returning to serve customers on their way to work. Entrepreneur Hannah Joe was inspired to launch her coffee roasting business, Jackalope Joe, five years ago and has seen it go from strength to strength since then. She will be bringing the Jackalope Joe trailer …