The Business Times

Royal Mail

Companies & Markets

UK approves Daniel Kretinsky’s £5.3 billion bid for Royal Mail parent, FT reports

(FILES) A Royal Mail sign is pictured outside a delivery office in north London on September 8, 2022. Britain's biggest water supplier staving off renationalisation, trains derailed by strikes and consumers suffering huge energy bills -- the nation's vital sectors are mired in chaos decades after controversial privatisation. (Photo by Justin TALLIS / AFP)
Companies & Markets

Royal Mail owner agrees to US$4.6 billion takeover by Czech billionaire Kretinsky

Some 76 per cent Royal Mail works vote in favour of the pay agreement.
Companies & Markets

UK postal workers vote to accept Royal Mail pay deal

epa10431182 A Royal Mail customer service point in London, Britain, 26 January 2023. Due to industrial strike actions the UK postal firm Royal Mail lost around 200 million GBP. The dispute over pay and conditions with the Communication Workers Union (CWU) caused the postal company 18 days of walkouts by workers since August 2022. EPA-EFE/TOLGA AKMEN
Companies & Markets

Royal Mail plunges to £1 billion loss after fight with union

Simon Thompson draws heavy criticism from the CWU and its postal workers over his handling of the pay dispute, which is causing financial distress and major disruptions to mail deliveries.
Companies & Markets

UK’s Royal Mail CEO Thompson to step down after union clash

A handout picture received from Britain's Royal Mail in London on February 7, 2023, shows the new King Charles III 1st class stamp. - Britain's Royal Mail on Wednesday unveiled the first postage stamps to feature the image of King Charles III, following his ascension to the throne last September. The new so-called "definitive stamp" -- intended for everyday use and consisting solely of the monarch's head and the stamp's value -- will go on general sale from April 4. (Photo by ROYAL MAIL GROUP / AFP) / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / BYLINE / ROYAL MAIL " - NO MARKETING - NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS
International

UK’s Royal Mail unveils first King Charles stamps

Royal Mail will be resuming its International Tracked and Signed, and International Signed services to all destinations for business account customers and customers buying postage online from Jan 26.
Companies & Markets

Royal mail resumes more services after cyber incident

Royal Mail said it had asked customers to stop sending international mail until the problem is resolved, and warned that items already shipped “may experience delay or disruption.”
International

Royal Mail hit by cyber-incident

A postal worker makes a delivery in London, Britain, July 21, 2022. REUTERS/Peter Nicholls
Companies & Markets

UK's Royal Mail makes 'final' offer of up to 9% pay hike to union

Royal Mail will be starting the process of consulting on the cuts “in response to the impact of industrial action, delays in delivering agreed productivity improvements and lower parcel volumes.”
Consumer & Healthcare

Royal Mail to cut 10,000 jobs as strikes blamed for loss

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