An MP has called for urgent action to improve postal services after Royal Mail was fined £21 million. Chris Ward, MP for Brighton Kemptown and Peacehaven, made the call after Ofcom fined Royal Mail for failing to meet its delivery targets. The postal service was found to have breached its …
Read More »Royal Mail posts first profit in three years as it cuts second-class deliveries
Royal Mail was bought by Czech billionaire Daniel Kretinsky in a £3.6bn deal in April – Peter Cziborra/Reuters Royal Mail has posted its first profit in three years as it cuts back on second-class letter deliveries. The postal service reported operating profits of £12m in the year to the end …
Read More »Residents ‘not receiving mail for weeks’ and ‘missing hospital appointments’ due to Royal Mail delays, MP claims
Residents have been ‘missing’ hospital appointments and notices from debt collectors after waiting for ‘weeks’ for their mail in a Greater Manchester town, an MP has claimed. In a letter penned to Royal Mail CEO Alistair Cochrane, Heywood and Middleton North MP Elsie Blundell said that constituents had reached out …
Read More »Royal Mail faces fine as almost one in four first-class letters arrive late
Royal Mail is facing the threat of a fresh fine after delivering almost one in four first-class letters late. The postal service fell short of its targets for letter deliveries in its latest financial year, triggering an Ofcom investigation that could lead to a sanction. If confirmed, it would be …
Read More »First-class stamp price to rise by 5p as takeover by Czech billionaire looms
Daniel Kretinsky has agreed not to push through unreasonable price rises following his takeover of the Royal Mail – David W Cerny/Reuters The cost of a first-class stamp is to rise by 5p as Royal Mail gears up for a looming takeover by Czech billionaire Daniel Kretinsky. The postal service …
Read More »Royal Mail sale to Czech billionaire gets national security clearance
Royal Mail’s sale to Czech billionaire Daniel Kretinsky has taken another step towards completion, after it got the green light on national security grounds. Pat McFadden, the chancellor of the Duchy of Lancaster, approved the deal under the National Security and Investment act. The Cabinet Office said it means the …
Read More »UK's Royal Mail postal service braces for change after takeover by Czech billionaire is approved
Britain's government has given the go-ahead for the sale of Royal Mail's parent company to a Czech billionaire, paving the way for the postal … Source link
Read More »Royal Mail to launch parcel lockers in new year push to take on Amazon
Royal Mail plans to roll out more parcel lockers in a bid to hold onto market share – James Linsell Clark / SWNS Royal Mail is to roll out its own parcel lockers in the new year as the postal service steps up its battle against Amazon. The first 250 …
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