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, …
Read More »West Ham part-owner Daniel Křetínský in shock bid for Royal Mail
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 …
Read More »How Royal Mail’s letters crisis left it vulnerable to the Czech Sphinx
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 …
Read More »Who is Daniel Křetínský, the Czech billionaire looking to buy Royal Mail?
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. Source link
Read More »Royal Mail faces takeover bid from Czech billionaire
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 …
Read More »Post Office bosses planned to raid sub-postmasters’ pensions, inquiry hears
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 …
Read More »Fake stamps farce ‘undermining Britain’s social fabric’, Post Office warns
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 …
Read More »Cabbie who won on National Lottery six weeks ago ‘yet to receive a penny’
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 …
Read More »CRAIG BROWN: Test your letters knowledge Part 1… Dear all, is this the end of gutter maggot insults?
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 …
Read More »STUC Congress 2024 Scottish Trade Union Congress unanimously backs calls to defend postal services and workers
THE Scottish Trade Union Congress has unanimously backed calls to defend vital postal services and workers. Concerns have been growing among workers and customers that the universal service obligation (USO) on Royal Mail could be under threat. The USO guarantees a one-price-goes-anywhere service across the UK six days a week, but despite assurances from the then …
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