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 …
Read More »LV and Royal London bury hatchet but won’t merge
Boss of Royal London says peace has broken out between his firm and rival insurer LV after bitter falling out, though failed merger talks not being revived By John-Paul Ford Rojas, Financial Mail On Sunday Published: 16:53 EDT, 11 March 2023 | Updated: 16:53 EDT, 11 March 2023 Peace: Royal London …
Read More »Axing Saturday post would cut Royal Mail loss
Scrapping letter deliveries on Saturdays could save Royal Mail hundreds of millions of pounds a year as it battles to stem ballooning losses and modernise Group could see as much as £250m saved if deliveries cut to five days a week It potentially could slash company’s projected annual losses for …
Read More »Royal Mail strike action has cost business £200m
Royal Mail strike action has cost business £200m as worker woes and cyber attack put boss Simon Thompson under mounting pressure Royal Mail owner IDS said 18 days of strike action had hit the group Letter and parcel volumes down and a hefty annual loss is forecast By Jane Denton …
Read More »Royal Mail boss Simon Thompson fights for job after MP clash
Royal Mail boss fights for job after being recalled by MPs to face a further grilling By Calum Muirhead For The Daily Mail Published: 17:34 EST, 24 January 2023 | Updated: 18:05 EST, 24 January 2023 The future of Royal Mail’s boss has been thrown into doubt after he was …
Read More »Royal Mail boss Simon Thompson set for return to face MPs
Royal Mail boss Simon Thompson faces being hauled back in front of MPs on allegations of misleading Parliament By Daily Mail City & Finance Reporter Published: 16:50 EST, 22 January 2023 | Updated: 16:50 EST, 22 January 2023 Royal Mail boss Simon Thompson faces being hauled back in front of …
Read More »Households pay tab for £50bn of posties’ pensions
Households pay tab for £50bn of posties’ pensions: Liabilities were stealthily dumped on state when Royal Mail was privatised a decade ago By Patrick Tooher, Financial Mail On Sunday Published: 16:51 EST, 21 January 2023 | Updated: 16:51 EST, 21 January 2023 Hefty: Royal Mail pension liabilities Taxpayers are on …
Read More »Royal Mail investors to meet union bosses
Royal Mail investors to meet union bosses: Attempts to negotiate end to bitter industrial dispute that has paralysed business By Calum Muirhead For The Daily Mail Published: 16:55 EST, 20 January 2023 | Updated: 16:55 EST, 20 January 2023 Royal Mail investors will meet with trade union bosses next week …
Read More »Royal Mail boss blasted by MPs as losses head towards £750m
Beleaguered Royal Mail boss Simon Thompson blasted by MPs as losses head towards £750m By Calum Muirhead For The Daily Mail Published: 17:16 EST, 17 January 2023 | Updated: 17:16 EST, 17 January 2023 The boss of Royal Mail has been blasted by MPs over his running of the crisis-hit …
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