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 …
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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 …
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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, …
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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 …
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The account of the Post Office’s former chief executive about what she knew during key years of the firm’s scandal is not believed by the former CEO of Royal Mail, the inquiry into the injustice has heard. Paula Vennells has been giving evidence as part of a three-day appearance at …
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Open this photo in gallery: Tom Rooney as King Magnus with the cast members of The Apple Cart.David Cooper/Shaw Festival Title: The Apple Cart Written by: George Bernard Shaw Director: Eda Holmes Actors: Tom Rooney, Sochi Fried Company: Shaw Festival Venue: Jackie Maxwell Studio Theatre City: Niagara-on-the-Lake, Ont. Year: Runs …
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Royal Mail is again being investigated by the communications regulator over its missed delivery targets. Ofcom announced the inquiry after Royal Mail said on Monday it did not meet its 2022 to 2023 quality of service targets. The targets require Royal Mail to deliver 93% of first-class mail within one …
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Capita, the outsourcing specialist and government contractor, has revealed that customer, supplier or colleague data may have been accessed during a cyber attack in March. The company, which announced earlier this month that it had been targeted, said its investigations had identified that the attack on its systems first took …
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Royal Mail and the Communication Workers Union (CWU) have reached an agreement in principle following a long-running dispute over pay and employment terms. In a joint statement with Royal Mail, CWU confirmed the agreement will now be considered by the executive of the union before it goes before the membership. …
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Kate Middleton shares what Queen Elizabeth loved about Christmas in a new video. Video / Kensington Royal Christmas looks different for the royal family this year as they prepare to celebrate the day at Sandringham for the first time without Queen Elizabeth. King Charles will take charge of the day, …
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