Royal Mail has blamed strike action for helping send it slumping to a full-year loss of more than £1 billion. The group’s owner, International Distributions Services, revealed Royal Mail swung to an operating loss of £1.04 billion for the year to March 26, against earnings of £250 million the previous …
Read More »Royal Mail confirms it will get more posties to deliver in Nuneaton amid more delays
Royal Mail has confirmed it will get more posties to deliver across Nuneaton amid reports of more delays. One resident contacted CoventryLive to say her dad, who lives in the St Nicolas Park area of town, had no mail delivered for three weeks – then it all turned up at …
Read More »Royal Mail: improving quality of service is “top priority”
Royal Mail has again called for “major reform” of the USO after posting a £1bn operating loss – reduced to a mere £419m, or £8m a week – on an adjusted basis. Parent company International Distributions Services (IDS) posted its preliminary results for the 52 weeks ending 26 March …
Read More »Royal Mail strikes push owner into red after costing £1m a day
Strike action cost Royal Mail more than £1m every day over the past 12 months, with the disruption contributing to an annual loss of more than £1bn for the group’s owner. International Distributions Services (IDS) revealed Royal Mail swung to an operating loss of £1.04bn for the year to March …
Read More »Royal Mail makes £1 billion annual loss
Royal Mail makes £1 billion annual loss as postal service is hit by strikes and slump in demand for parcel deliveries By Martin Robinson, Chief Reporter For Mailonline Published: 02:30 EDT, 18 May 2023 | Updated: 03:10 EDT, 18 May 2023 Royal Mail has lost £1billion in the past year, …
Read More »Royal Mail apologise to Sheldon residents ‘missing crucial health appointments’ due to delays
Royal Mail have apologised to Sheldon residents left ‘in despair’ who are missing ‘crucial health appointments’ as letters are not being delivered on time. The postal firm has said ‘higher levels of sickness than usual’ at a local post office was to blame. A number of concerned Sheldon residents have …
Read More »Royal Mail delivery delays as two Essex towns may not receive post again due to ‘local issues’
Two Essex towns will not receive post from Royal Mail due to ‘local issues’. Royal Mail say they hope to deliver to all addresses they have mail for 6 days a week – Monday to Saturday. However, in some local offices, deliveries can be delayed with some towns without post …
Read More »Rank-and-file meeting adopts fighting programme for Royal Mail workers
A Zoom meeting of the Postal Workers Rank-and-File Committee on Sunday delivered a powerful answer to the propaganda by Communication Workers Union (CWU) officials who are insisting “there is no alternative” to accepting their pro-company agreement with Royal Mail and that a no vote will result in “mutual destruction”. Sunday’s …
Read More »Nine-fingered Russian hacker Mikhail Matveev accused of Royal Mail attack hit with $10m bounty
A Russian master hacker who claims to have cut off his own finger after losing a bet has been slapped with a $10m (£8m) bounty by US officials. Mikhail Matveev, 30, of Kaliningrad, was accused on Tuesday of being one of the leading members of the Hive, LockBit and Babuk …
Read More »Who owns Royal Mail as CEO resigns?
R oyal Mail will be investigated by the industry watchdog Ofcom after it failed to meet its delivery targets during the past year. The postal service delivered only 73.7 per cent of First Class mail within one day, well short of its 93 per cent target. Ofcom said it would …
Read More »