Budget fallout: Royal Mail owner warns on prices and jobs – MKFM 106.3FM
[ad_1] Royal Mail’s parent firm has blamed the budget for a failure to return to profitability, warning it cannot rule out price hikes and job cuts in response. International Distribution Services (IDS) said it had set aside £134m in the first half of its financial year, with £120m directly linked to Chancellor Rachel Reeves’ hike…