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Tag Archives: INTERNATIONAL DISTRIBUTIONS SERVICES

Royal Mail puts price tag on strike costs

Royal Mail parent International Distributions Services has put a £200m price tag on the cost of last year’s strike action, and said that asset sales will be required to support cashflow at the postal operator. In a trading update for the nine months to 31 December 2022, IDS said …

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MPs heap pressure on Royal Mail boss

Embattled Royal Mail boss Simon Thompson has been recalled to the BEIS committee of MPs over the apparently inaccurate information he gave last week – just as CWU members are re-balloting on further industrial action and a cyber attack continues to disrupt its export parcels business. Earlier this week, …

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