[ad_1] While Chancellor Jeremy Hunt last night declined to comment directly on the takeover bid, he signalled that the Government would revisit how “former public sector monopolies” are regulated to safeguard the provision of vital services. However, the Labour Party has signalled it is open to Mr Křetínský’s approach. A spokesman for Mr Křetínský pointed…
[ad_1] More recently Royal Mail has become embroiled in a row after a Telegraph investigation revealed that China had flooded Britain with counterfeit stamps, landing victims with £5 penalties. Senior MPs have since called on the postal service to stop the “unfair fines” while it investigates issues with new barcoded stamps, amid concerns its machines…
[ad_1] In a statement EP Group said it “recognises that Royal Mail is in a challenging situation. Weak financial performance, poor service delivery and a slow transformation, in the face of a market going through structural change, have put the business under unsustainable pressure. With the increasing competition from multinational companies in the UK postal…
[ad_1] Costs have not fallen alongside the lower volumes. Royal Mail has blamed the restrictive framework for its hefty losses of £319m in the first half of the year, as well as for a slump in service quality that sparked a record £5.6m fine from Ofcom. Earlier this month, Royal Mail put forward proposals to…
[ad_1] His partner, Olympic showjumper Anna Kellernova, is the daughter of Czech billionaire Petr Kellner, who was killed in a helicopter crash earlier this year and at the time of his death was the country’s richest man with an estimated personal wealth of $17.5b. [ad_2] Source link
[ad_1] His ownership of significant stakes in Royal Mail and Sainsbury’s has forced him to be more open and, in his first British interview last year, he pledged to keep Royal Mail listed on the stock market, saying it was good if “every British citizen can invest in the shares”. Royal Mail was privatised in…
[ad_1] Post Office bosses plotted to raid convicted sub-postmasters’ pensions to make up account shortfalls, an inquiry heard. David Miller, the Post Office’s former chief operating officer, denied being the architect of what he described as a “horrendous” plan to target the pensions of sub-postmasters accused of theft. The Post Office inquiry was shown minutes…
[ad_1] Yesterday senior MPs called on Royal Mail to stop the fines, which increased last October from £2.50 to £5, as it investigates issues with new barcoded stamps. A spate of customers claim they have been wrongly surcharged. The Liberal Democrats said it was “ridiculous” customers were being caught up in Royal Mail’s “mess” and…
[ad_1] A cabbie who won the lottery six weeks ago claims he still hasn’t been paid his winnings. Taxi driver Ray Laird scooped £800 after buying a ticket at a One Stop on March 2. The 69-year-old says the sum would help him to pay his mortgage for two months whilst he struggles with bills…
[ad_1] By Craig Brown for the Daily Mail Published: 16:41 EDT, 15 April 2024 | Updated: 17:21 EDT, 15 April 2024 The heroic founder of the Handwritten Letter Appreciation Society, Dinah Johnson, fears that the Royal Mail’s proposal to reduce delivery days to two or three a week will spell the end of the letter….