Royal Mail owner International Distribution Services said on Thursday that it has had to delay the publication of its full-year results – which were originally due on Thursday morning – after auditor KPMG requested additional time to complete procedures. “The group’s auditor, KPMG, has requested additional time to complete the …
Read More »Sunday newspaper round-up: Darktrace, National Insurance, Royal Mail
An aura of mystery continues to linger over whether the biggest of Darktrace‘s shareholders are prepared to support Thoma Bravo’s £4.2bn takeover. Among those is Mike Lynch, who is currently facing trial in the US over fraud claims linked to executive search software outfit Autonomy. Also unclear is the position …
Read More »Sunday newspaper round-up: Royal Mail, Shein, Canary Wharf
The heads of the Communication Workers Union have acquiesced to Royal Mail’s demand to end six-day-a-week letter deliveries, paving the way for historic cuts to postal services. Royal Mail wants to amend its universal service obligation so that it must only deliver second-class post every other day. Nonetheless, first-class mail …
Read More »Thursday newspaper round-up: Royal Mail, welfare bill, Boeing, Alstom, Federal Reserve
The Labour Party is open to the prospect of a takeover of the owner of Royal Mail by the struggling postal group’s Czech billionaire investor, which is considering a renewed approach. EP Group, a conglomerate controlled by Daniel Kretinsky, revealed on Tuesday that it had made a “non-binding indicative proposal” …
Read More »Erosion of postal delivery service or much needed reform?
The mail arrives at Belmont, Unst. photo: Royal Mail ISLES MP Alistair Carmichael has called on postal regulator Ofcom to reject proposals from Royal Mail to cut back on delivery services. On Wednesday the company published proposals to cut services including changing the delivery of all non first class letters …
Read More »Royal Mail appoints Heathrow executive as new CEO
Royal Mail has appointed a senior executive from Heathrow to become its next boss as parent company International Distribution Services looks to turn its fortunes around. Emma Gilthorpe, the west London airport’s chief operating officer since 2020, will join Royal Mail in May, IDS said in a statement on Tuesday. …
Read More »Mail delays mount only weeks after the latest post office distribution center opens near Atlanta
Build a fight in the working class against Delivering for America! Contact the Postal Workers Rank-and-File Committee by filling out the form at the bottom of this article. A U.S. Postal Service employee works outside a post office in Wheeling, Ill., Monday, Jan. 29, 2024. [AP Photo/Nam Y. Huh] The …
Read More »What reason did the Royal Family give for heavily editing a photo of the Princess of Wales? Take our news quiz for the week of March 16
Welcome to The Globe and Mail’s news quiz. Join us each week to test your knowledge of the stories making the headlines. This week: All eyes are on Catherine, Princess of Wales. That is, if our eyes can be trusted. Catherine, 42, has been out of the public eye since …
Read More »Paddington Bear stamps released by Royal Mail for 65th anniversary
25 August 2023, 11:44 Brand new Paddington stamps have been revealed. Picture: Royal Mail Everyone’s favourite bear is going to have their own stamps. Paddington Bear is set to appear on 10 special stamps released by Royal Mail to mark the bear’s 65th anniversary. Paddington made his first appearance in …
Read More »Posties reveal why they always wear shorts whatever the weather
24 August 2023, 17:30 Many postmen and women wear shorts all year round. Picture: Alamy Royal Mail posties have explained why they never wear trousers – come rain or shine. Ever noticed your local postie always seems to be wearing shorts? While some sport trousers in the rain or snow, …
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