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Tag Archives: royal

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 …

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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 …

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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 …

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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. …

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