Open this photo in gallery: A Royal Mail worker loads vans at a delivery office in Tonbridge, Britain, on May 29.Chris J Ratcliffe/Reuters It was established by King Henry VIII to send messages to members of the royal court, and now, for the first time in its 508-year history, Britain’s …
Read More »Royal Mail owner IDS delays results amid takeover bid
Royal Mail owner International Distribution Services said on Thursday that it has had to delay the publication of its full-year results – which were originally due on Thursday morning – after auditor KPMG requested additional time to complete procedures. “The group’s auditor, KPMG, has requested additional time to complete the …
Read More »Royal Caribbean recruiting thousands to meet surging demand, sources say
Cruise operator Royal Caribbean Group is in discussions with new and existing markets around the world to recruit thousands of workers to staff its ships and private destinations to keep up with record cruise demand. The number of people taking cruises hit a record in 2023, and with the surge …
Read More »Sunday newspaper round-up: Darktrace, National Insurance, Royal Mail
An aura of mystery continues to linger over whether the biggest of Darktrace‘s shareholders are prepared to support Thoma Bravo’s £4.2bn takeover. Among those is Mike Lynch, who is currently facing trial in the US over fraud claims linked to executive search software outfit Autonomy. Also unclear is the position …
Read More »Sunday newspaper round-up: Royal Mail, Shein, Canary Wharf
The heads of the Communication Workers Union have acquiesced to Royal Mail’s demand to end six-day-a-week letter deliveries, paving the way for historic cuts to postal services. Royal Mail wants to amend its universal service obligation so that it must only deliver second-class post every other day. Nonetheless, first-class mail …
Read More »Thursday newspaper round-up: Royal Mail, welfare bill, Boeing, Alstom, Federal Reserve
The Labour Party is open to the prospect of a takeover of the owner of Royal Mail by the struggling postal group’s Czech billionaire investor, which is considering a renewed approach. EP Group, a conglomerate controlled by Daniel Kretinsky, revealed on Tuesday that it had made a “non-binding indicative proposal” …
Read More »Erosion of postal delivery service or much needed reform?
The mail arrives at Belmont, Unst. photo: Royal Mail ISLES MP Alistair Carmichael has called on postal regulator Ofcom to reject proposals from Royal Mail to cut back on delivery services. On Wednesday the company published proposals to cut services including changing the delivery of all non first class letters …
Read More »Royal Mail appoints Heathrow executive as new CEO
Royal Mail has appointed a senior executive from Heathrow to become its next boss as parent company International Distribution Services looks to turn its fortunes around. Emma Gilthorpe, the west London airport’s chief operating officer since 2020, will join Royal Mail in May, IDS said in a statement on Tuesday. …
Read More »Princess Royal lays wreath in remembrance of those killed in Lockerbie bombing – The Irish News
The Princess Royal has paid her respects to those who lost their lives in the Lockerbie bombing which happened 35 years ago. On December 21 1988, a bomb exploded on Pan Am Flight 103 from Frankfurt to Detroit as it flew above the Dumfries and Galloway town, killing all 259 …
Read More »VIP jet used by the Royal Family and RAF is left defenceless after it was denied electronic warfare protection in a desperate bid to save money
An RAF jet attacked by the Kremlin was denied electronic warfare protection in a desperate effort to save money. The aircraft, which has been routinely used by senior members of the Royal Family and prime ministers, was literally defenceless when Russia jammed its GPS system. The VIP jet was flying …
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