The Communication Workers Union (CWU) has announced that postal workers will no longer be going on strike later this month following a legal challenge by Royal Mail. The one-day walk-out on February 1
Royal Mail postal workers and members of the Communication Workers Union (CWU) have confirmed their first 24-hour strike of the year to take place on 16 February. Over 115,000 members will strike from
Royal Mail owner International Distributions Services PLC (LSE:IDS)  remains a ‘sell' for Liberum analysts due to sliding revenues and pay-dispute challenges. IDS' long-term issues continue to ste
Royal Mail and owner International Distributions Services PLC (LSE:IDS)'s shares face further downside from the lack of an agreement with workers, and cannot let it go on any longer, analysts said on
Royal Mail owner, International Distributions Services PLC (LSE:IDS), saw its shares rally 2% today as it detailed the cost of industrial action on the business so far. In a trading statement, the com
Simon Thompson, the chief executive of Royal Mail parent International Distributions Services PLC (LSE:IDS) will face MPs for questioning again, after accusations he gave inaccurate evidence while m
Royal Mail boss, Simon Thompson, could be hauled back before a committee of MPs on allegations of misleading Parliament, according to the Mail. A report said the business select committee is due to me
International Distributions Services (LON: IDS) share price continued consolidating as business conditions worsened. Shares of the Royal Mail parent company were trading at 218p, where it has been in
Gear4Music PLC, the online musical instruments retailer, slipped 11% to 122p as Royal Mail strikes led to UK revenues stagnating.  In the three months to 31 December 2021, domestic revenues were £26
Royal Mail, part of International Distributions Services PLC (LSE:IDS), has restarted overseas parcel exports from the UK as it continues to wrestle with what it calls a “cyber incident”. After it
Britain's Royal Mail said on Wednesday it had begun moving limited volumes of export parcels as it trials "operational workarounds", after a cyber incident severely disrupted its international export
It would have been cheaper to have agreed pay deals, a government minister has said, after strikes by rail workers and Royal Mail staff were reported to have cost the UK economy £6.6bn since the summ
Royal Mail CEO Simon Thompson has confirmed that a cyberattack is to blame for the ongoing disruption at the U.K. postal giant. The admission comes almost a week after Royal Mail first said it was hi
Royal Mail, owned by International Distributions Services PLC (LSE:IDS) (IDS), could face losses of nearly £750mln, more than £2mln every day. A report in The Daily Mail, said analysts reckon the cr

How did hackers bring Royal Mail to a halt?

10:06am, Friday, 13'th Jan 2023
International Distribution Services PLC (IDS), the owner of Royal Mail, suffered a ransomware attack this week on its online systems used for international deliveries. Ransomware, a form of attack the
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