LONDON, Feb 2 (Reuters) – Postal workers at Britain’s Royal Mail will strike for 24 hours on Feb. 16 in a long-running dispute over pay, the CWU (Communication Workers Union) said on Thursday. “We have served notice on Royal Mail Group for a 24-hour strike commencing for all shifts starting …
Read More »Royal mail resumes more services after cyber incident
LONDON, Jan 26 (Reuters) – British postal firm Royal Mail is restarting some of its international export services, the company said on Thursday, two weeks after its operations were disrupted by what it called a “cyber incident.” Royal Mail will be resuming its International Tracked and Signed, and International Signed …
Read More »UK’s Royal Mail sees smaller loss for fiscal 2023 on cost cuts
Jan 26 (Reuters) – UK’s Royal Mail forecast a narrower loss for the current fiscal year, helped by measures to keep costs low, although its expects cash flow to slip into negative for 2024 as it reels from the impact of a series of strikes, its parent firm said on …
Read More »Britain’s Royal Mail begins moving some export parcels after cyber incident
LONDON, Jan 18 (Reuters) – Britain’s Royal Mail said on Wednesday it had begun moving limited volumes of export parcels as it trials “operational workarounds”, after a cyber incident severely disrupted its international export services last week. The postal company, part of International Distributions Services Plc (IDSI.L), said it had …
Read More »Ransomware group with links in Russia behind UK Royal Mail incident -Telegraph
LONDON, Jan 12 (Reuters) – A cyber incident that led to severe disruption to Royal Mail’s international export services was caused by Lockbit, a ransomware group that some cybersecurity experts say has members in Russia, Britain’s Telegraph newspaper reported. Royal Mail, one of the world’s largest post and parcel firms …
Read More »Royal Mail export services severely disrupted after ‘cyber incident’
LONDON, Jan 11 (Reuters) – Britain’s Royal Mail said on Wednesday it was facing severe disruption to its international export services following what it described as “a cyber incident”. “We are temporarily unable to despatch items to overseas destinations,” Royal Mail, one of the world’s largest post and parcel firms, …
Read More »UK’s Card Factory sees annual profit ahead of market expectations
Jan 10 (Reuters) – British greeting cards retailer Card Factory (CARDC.L) forecast annual core earnings ahead of market expectations on Tuesday as people rushed to its high-street stores to buy Christmas cards amid strikes at Royal Mail, which hurt online sales. The company expects full-year core earnings to be at …
Read More »Greeting card firm Moonpig cuts forecast as Royal Mail strikes hit orders
Dec 7 (Reuters) – British greeting card company Moonpig (MOONM.L) lowered its annual revenue forecast on Wednesday and reported lower first-half profit as its orders in September and October was hit by postal strikes at Royal Mail. Workers across Britain, including more than 115,000 Royal Mail postal workers, have taken …
Read More »Britain’s Currys to avoid using Royal Mail ‘for now’ over strikes
LONDON, Dec 4 (Reuters) – British electricals retailer Currys (CURY.L) will not use Royal Mail as a delivery provider “for now” to reduce any impact from strike action, the company’s chief executive officer Alex Baldock said on Sunday. Speaking to the BBC’s Sunday with Laura Kuenssberg show, Baldock confirmed a …
Read More »COVID no longer excuse for Royal Mail to miss delivery targets – UK regulator
Dec 2 (Reuters) – Royal Mail had failed to meet its delivery targets for 2021-2022 due to the pandemic, Britain’s communications watchdog Ofcom concluded on Friday, but warned the post and parcel services company that it cannot use COVID as an excuse anymore. The regulator, which launched its probe in …
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