Royal Mail
UK approves Daniel Kretinsky’s £5.3 billion bid for Royal Mail parent, FT reports
THE British government has approved Czech billionaire Daniel Kretinsky’s £5.3 billion (S$9 billion) takeover of Royal Mail owner International Distribution Services, the Financial Times reported on Mo...
Royal Mail owner agrees to US$4.6 billion takeover by Czech billionaire Kretinsky
Any takeover bid for Royal Mail would be subject to “normal” national security scrutiny, but it would not be opposed in principle, says Finance Minister Jeremy Hunt
UK postal workers vote to accept Royal Mail pay deal
BRITISH postal workers voted overwhelmingly in favour of a pay deal with employer Royal Mail, their union said on Tuesday (Jul 11), ending a long dispute that has cost the company hundreds of millions...
Royal Mail plunges to £1 billion loss after fight with union
Royal Mail reported an operating loss of £1 billion (S$1.7 billion) after the beleaguered delivery service endured a long dispute with a trade union.
UK’s Royal Mail CEO Thompson to step down after union clash
ROYAL Mail’s CEO Simon Thompson plans to step down later this year, saying it was the “right time” for the company to move forward under new leadership, as the British postal group tries to draw a lin...
UK’s Royal Mail unveils first King Charles stamps
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.
Royal mail resumes more services after cyber incident
BRITISH postal firm Royal Mail is restarting some of its international export services, the company said on Thursday (Jan 26), two weeks after its operations were disrupted by what it called a “cyber ...
Royal Mail hit by cyber-incident
BRITISH postal group Royal Mail said Wednesday that it was suffering “severe disruption” to its international letter and parcel services following a “cyber incident”.
UK's Royal Mail makes 'final' offer of up to 9% pay hike to union
Royal Mail’s parent firm, International Distributions Services, on Wednesday (Nov 23) offered a pay increase of up to 9 per cent over 18 months in its “best and final” offer to its largest labour unio...
Royal Mail to cut 10,000 jobs as strikes blamed for loss
Royal Mail said it will cut 10,000 jobs after projecting a full-year operating loss that it blamed partly on a series of crippling strikes.