Tag Archives: Royal Mail

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, …

The history of the General Post Office in Plymouth, reflecting the national picture, stretches back to the the 17th century, but, as with the national story, the activities of the Post Office did not really take off until the 19th century. At the beginning of the 19th century Plymouth’s post …

An ‘aggressive’ thug knocked out a good Samaritan’s dentures and fractured a pensioner’s jaw during a brutal drunken punching spree. Cruel Elvis Cani pounced on his victims ‘out of nowhere’, wounding three strangers who were walking through West Bromwich town centre. The 30-year-old landed single blows on the unsuspecting passers-by …

Bosses are understood to be keen to emphasise that the postal service is at an inflection point as it pushes through a turnaround plan for its struggling letters business. Insiders pointed to the company’s strongest Christmas performance in four years, as well as an ongoing review by Ofcom into its …

One whistleblower said they dealt with surcharges “on a case by case basis” and said colleagues would often not charge customers and let them have the post without paying the “silly” £5 fine. They added they had sympathy for revenue protection staff who they claim are “misidentifying” stamps because Royal …

Royal Mail has announced plans to end six-day-a-week mail deliveries. This is part of a worldwide offensive by post and logistic companies to slash thousands of jobs, spearheading a cost-cutting and profit-driven restructuring. The stampede by Royal Mail to ditch the Universal Service Obligation—a legal requirement meant to safeguard mail …

Labour may see a split as an opportunity to renationalise the Royal Mail, convinced that the state would make a better fist of reviving it. But shorn of the cross-subsidies that a highly profitable parcels operation provides, mounting losses from letter deliveries risk being immediately thrust onto the taxpayer. It’s …

The 48-year-old has cited his time growing up during the Velvet Revolution, as the overhaul of Czechoslovakia’s communist government is known, as a driving force behind his love of free markets. Kretinsky trained as a lawyer before joining Slovakian investment group J&T in 1999, where he made his name as …

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 …

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, …