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Tag Archives: Royal Mail

Czech billionaire Kretinsky named Royal Mail’s chairman

(Reuters) -Czech billionaire Daniel Kretinsky will become the chairman of British parcel and postal firm Royal Mail, his investment firm EP Group said on Friday. Kretinsky’s EP Group closed its 3.57 billion pounds ($4.90 billion) acquisition of Royal Mail’s parent company International Distribution Services (IDS) earlier this month. The new …

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Royal Mail delivery target missed, MP claims

Royal Mail is under pressure to explain its performance after failing to meet delivery targets in the SN postcode area, where nearly one in five first-class letters arrived late. New figures show that just 75.2% of first-class mail was delivered on time—well below the 93% target set by Royal Mail. …

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