Furious stamp collectors have accused Post Office staff of defacing stamps with biro pens and rendering them “worthless”. Instead of being “cancelled” with official, dated postmarks, stamps are increasingly being scrawled on by Post Office workers, enthusiasts have said. Collectors and dealers have reported an alarming uptick in the practice, …
Read More »Will your investments get a royal boost from the Coronation weekend?
Thousands of people will gather in London this weekend for the Coronation of King Charles, the first in 70 years. This influx of people will be good news for businesses – many of which are pinning their hopes on a boost in sales over the long weekend after a tough …
Read More »‘Scouse Mick’ gang sent £500k by Royal Mail postman but pint in pub brought down operation
Four members of a county line gang which operated between Liverpool and Cornwall have been jailed. The members of the gang, known as “Scouse Mick” were jailed at Truro Crown Court in Cornwall for their roles in a conspiracy to supply heroin and cocaine to vulnerable people. The men were …
Read More »Babcock warns on hit from Royal Navy frigate contract
Babcock warns on £100m hit from Royal Navy frigate contract costs as inflation bites defence engineer In an update Babcock said it was seeking to claw back the extra costs involved The first ship, HMS Venturer, is expected to be completed in December this year By Jane Denton For Thisismoney …
Read More »Hut chief Matt Moulding in fresh social media tirade over market woes
Matt Moulding has made no secret of his frustration since The Hut Group listed on the stock market in London three years ago – on one occasion saying the experience ‘just sucked from start to finish’. The beleaguered entrepreneur was at it again this week on social media, with another …
Read More »Royal Mail boss could be ‘let go quietly’ after deal with unions
Royal Mail boss could be ‘let go quietly’ within months after delivery group strikes deal with unions By Calum Muirhead For The Daily Mail Published: 16:51 EDT, 17 April 2023 | Updated: 16:51 EDT, 17 April 2023 Royal Mail’s beleaguered boss could be gone within months after the delivery group …
Read More »Royal Mail directors in crisis talks amid threat of fresh walkouts
Royal Mail directors in crisis talks as trades union leaders look set to call for fresh walkouts By Calum Muirhead For The Daily Mail Published: 16:52 EDT, 29 March 2023 | Updated: 16:52 EDT, 29 March 2023 Royal Mail bosses were locked in crisis talks yesterday as trades union leaders …
Read More »ALEX BRUMMER: Last ditch efforts to find a solution at Royal Mail
Royal Mail may now have a fancy new structure at the top, with the creation of International Distributions Service (IDS), but its difficulties remain the same. It has a large, radicalised union workforce deeply resistant to changing working practices. In contrast to the railways, which do have a future irrespective …
Read More »Will the Czech Sphinx launch a bid for Royal Mail?
Will the Czech Sphinx launch a bid for Royal Mail? Tycoon ups his stake in parent group IDS but losses mount as disputes drag on By Calum Muirhead For The Daily Mail Published: 16:51 EDT, 27 March 2023 | Updated: 17:53 EDT, 27 March 2023 Royal Mail’s biggest shareholder has …
Read More »Pressure mounting on Royal Mail chief Simon Thompson after he is slammed by MPs and regulators
Pressure mounting on Royal Mail chief Simon Thompson after he is slammed by MPs and regulators By Calum Muirhead For The Daily Mail Published: 17:51 EDT, 16 March 2023 | Updated: 17:51 EDT, 16 March 2023 The future of Royal Mail boss Simon Thompson is in doubt after he was …
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