Airline bosses have launched a crackdown on passengers who hover around the departure gate in a bid to board their flight before they are given the green light by airport staff. Nicknamed “gate lice” by industry insiders, such pushy passengers have become an increasing irritant for carriers as travel demand …
Read More »Evri named UK’s worst delivery company as four in 10 have problems
Delivery giant Evri has been named the UK’s worst parcel distribution company for the second year running, with around one in two customers reporting a problem with its service. The courier, which rebranded from Hermes two years ago following a wave of parcel mishandling allegations, has been dogged by complaints over …
Read More »How Royal Mail is poised to create the Amazon of Europe
Kretinsky’s ambitious plans have been backed up by a fevered acquisition spree that has accelerated since 2018, when the tycoon began to diversify his business away from energy. This week, Fnac tabled a €249m (£210m) offer to buy Italy’s Unieuro in a deal that would create a major new player …
Read More »Royal Mail suitor to spend £800m and take on Amazon
In addition, EP Group is in talks with union bosses about a profit-sharing scheme that would see employees handed bonuses if the company meets key financial and delivery targets. The Czech billionaire’s debt-fuelled swoop has also sparked concerns about soaring interest payments that could hurt the postal service’s bottom line. …
Read More »Royal Mail seeks to fast-track delivery shake-up after shock takeover bid
Royal Mail is pressuring regulators to approve plans for less frequent letter deliveries, as the company scrambles to fend off a £3.1bn takeover bid from a Czech billionaire. International Distributions Services (IDS), Royal Mail’s parent company, said foot-dragging by Ofcom had “held back” plans to modernise the company. Keith Williams, …
Read More »Apple ‘scraps vegan iPhone cases’ after backlash
Apple has reportedly suspended production of vegan phone cases it started selling less than a year ago. The tech giant is said to have stopped making its FineWoven cases and watch straps following complaints that the £59 cases would become easily scratched and worn out. Apple introduced the material, a …
Read More »Why Royal Mail’s second class post shake-up won’t save it from losses
In a further headache, Royal Mail risks another clash with unions after bruising strikes last year that cost the company £1m a day. The changes are expected to cut the number of delivery routes by up to 9,000 – a move that is expected to lead to around 1,000 redundancies. …
Read More »John Lewis hires Martin Gafsen who led Royal Mail’s push into housing
“With an extensive and valuable property portfolio, we have an important role to play in ensuring it continues delivering value for the long term benefit of customers and Partners for generations to come.” John Lewis wants to build 10,000 rental homes by 2030 and wants 40pc of profits to come …
Read More »Shoppers face unexpected fees for returning Christmas gifts
Shoppers returning unwanted Christmas gifts face an unexpected financial hit after a string of high street stores started charging a fee on items sent back. Retailers including hiking equipment seller Mountain Warehouse and health and beauty website owner The Hut Group have changed their returns policies to include charges. It …
Read More »Elliott Advisors poised to bankroll £70m rescue of Superdry
Talks with Bantry Bay are understood to be at an advanced stage with Superdry hopeful that a deal could be agreed as early as this week, City sources added. No agreement has been signed and a deal could yet fall apart, they added. Superdry operates 740 branded stores across 61 …
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