The Postal Workers Rank-and-File Committee (PWRFC) held an online meeting Sunday, “After the ballot: the way forward for postal workers.” It followed the Communication Workers Union (CWU) ballot last month on its pay award and agreements with new Royal Mail owners, billionaire Daniel Kretinsky’s EP Group. World Socialist Web Site …
Read More »Royal Mail returns to profit for first time in three years
[Getty Images] Royal Mail has returned a profit for the first time in three years as the company attempts to turn around its fortunes. In its first set of results since being taken over by Czech billionaire Daniel Kretinsky’s EP Group in April, the company reported profits of £12m, excluding …
Read More »Royal Mail posts first profit in three years as it cuts second-class deliveries
Royal Mail was bought by Czech billionaire Daniel Kretinsky in a £3.6bn deal in April – Peter Cziborra/Reuters Royal Mail has posted its first profit in three years as it cuts back on second-class letter deliveries. The postal service reported operating profits of £12m in the year to the end …
Read More »Royal Mail owner set to return to profit in first figures since £3.6bn takeover
The owner of Royal Mail is expected to show a return to annual earnings on Monday in the firm’s first set of results since the completion of its £3.6 billion takeover by Czech billionaire Daniel Kretinsky. International Distribution Services (IDS) will post figures for the 12 months to March 31 …
Read More »Royal Mail workers challenge CWU’s claim of a “no strings” pay deal with billionaire Kretinsky
The Communication Workers Union (CWU) is conducting an online vote of postal workers between August 6 and 26 on “Rebuilding Royal Mail Parts 1 and 2”. These are the packages drawn up between CWU leaders Dave Ward and Martin Walsh and billionaire Daniel Kretinsky’s EP Group—now sole owners of Royal …
Read More »Czech billionaire Kretinsky named chairman of Royal Mail after takeover
Czech billionaire Daniel Kretinsky is to become chairman of Royal Mail after completing the £3.6 billion takeover of the postal service. (PA Wire) Czech billionaire Daniel Kretinsky is to become chairman of Royal Mail after completing the £3.6 billion takeover of the postal service. Mr Kretinsky’s EP Group said that, …
Read More »Czech billionaire Daniel Kretinsky takes charge of Royal Mail after £3.6b takeover
LONDON, June 27 — Czech billionaire Daniel Kretinsky has been named chairman of Britain’s centuries-old Royal Mail following a takeover of its parent company, his firm EP Group announced on Friday. EP Group completed its £3.6-billion (RM20.9 billion) takeover of International Distribution Services (IDS) earlier this month, bringing the postal …
Read More »Czech billionaire Kretinsky named Royal Mail’s chairman
(Reuters) -Czech billionaire Daniel Kretinsky will become the chairman of British parcel and postal firm Royal Mail, his investment firm EP Group said on Friday. Kretinsky’s EP Group closed its 3.57 billion pounds ($4.90 billion) acquisition of Royal Mail’s parent company International Distribution Services (IDS) earlier this month. The new …
Read More »Royal Mail boss quits after Czech billionaire’s £3.6bn takeover
Emma Gilthorpe was the Royal Mail’s fifth chief executive in six years – Royal Mail Group/AFP via Getty Images Royal Mail’s chief executive has quit weeks after a £3.6bn takeover by the Czech billionaire Daniel Kretinsky. Emma Gilthorpe, who took up the top job just more than a year ago, …
Read More »Ofcom Investigates Royal Mail Over Delivery Failures | EasternEye
Ofcom launches probe into Royal Mail after ongoing delivery failures spark complaints and concerns over service standards across the UK. Source link
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