Tag Archives: horizon

The sale of Royal Mail to Czech billionaire Daniel Kretinsky has been approved by the government. Mr Kretinsky‘s company EP Group will buy the postal service’s parent company International Distribution Services (IDS). The £5.3bn deal had been agreed in May but was subject to a government review under national security …

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 …

Whitbread, the FTSE-100 owner of the Premier Inn hotel chain, has kicked off the search for a successor to Adam Crozier, its chairman. Sky News has learnt that headhunters acting for Whitbread have begun sounding out possible candidates for the post. Mr Crozier, who has chaired the company since 2018, …

According to a report into an accounting system used by UK Post Office sub-postmasters before the controversial Horizon software was introduced, there was a that it too could have created cash shortfalls in accounts and led to wrongful prosecutions. The IT system, called Capture, developed in-house by the Post Office’s …

He said the first time the issue was raised in front of him was at a board meeting before the Post Office's independence from Royal Mail in 2013. Source link

Open this photo in gallery: Moya Greene, former Chief Executive of Royal Mail Group, speaks in London, in November, 2015.Toby Melville/Reuters The Canadian businesswoman who headed Britain’s Royal Mail for nearly a decade has told a public inquiry that she was misled by company executives about the scale of a …

Lawyers who fought in a lengthy case against hundreds of subpostmasters led by Sir Alan Bates are being questioned over their role in the Post Office Horizon inquiry Barrister Anthony de Garr Robinson KC is giving evidence The lengthy inquiry into the Post Office Horizon scandal continues – as lawyers …

What are your rights if you’ve returned an item by post and the company says they never received it? Or if your delivery never turned up in the first place? Money blog reader Lee asked: “I purchased two pairs of shorts from Nike a year ago. I shortly after returned …

Open this photo in gallery: Former CEO of Post Office Limited Paula Vennells arrives to give evidence to the Post Office Horizon IT Inquiry, in London, on May 22.HENRY NICHOLLS/Getty Images A Canadian businesswoman who ran Britain’s Royal Mail for nearly a decade has accused a senior executive of knowing …

The former CEO of Royal Mail Group accused Paula Vennells of knowing about Horizon IT errors, telling her “I can’t now support you”. On Wednesday, the Horizon IT inquiry was shown a text message exchange between Vennells and Dame Moya Greene in January 2024, after the ITV drama Mr Bates …