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At Close: Apr 29, 2026
Royal Mail allowed to scale back second-class deliveries
05:11am, Thursday, 30'th Jan 2025
Royal Mail is to be allowed to scale back second-class letter deliveries under a shake-up by regulator Ofcom. Ofcom on Thursday proposed cutting delivery of such post to alternate weekdays and removin
Royal Mail owner's Q3 revenues nudge higher as inches towards the exit
03:19am, Wednesday, 15'th Jan 2025
Royal Mail owner International Distribution Services PLC (LSE:IDS) reported a 0.8% rise in revenue £3.7 billion for the three months ending December, driven by increased international parcel volumes
Amazon starts postal delivery trial in new challenge to Royal Mail
07:11am, Tuesday, 14'th Jan 2025
Amazon has thrown a curve ball at the planned takeover of Royal by Czech billionaire Daniel Kretinsky by starting trial postal deliveries. In the pilot, which will take place in the three London borou
Royal Mail 'fake delivery' allegations spark investigation calls
04:09am, Tuesday, 24'th Dec 2024
Royal Mail is being called on to investigate reports that some managers are 'faking deliveries' to meet bonus targets. A report in the Telegraph suggested workers have been told by some managers to cl
Royal Mail to scrap Saturday second-class post in trial
06:49am, Monday, 23'rd Dec 2024
Royal Mail has unveiled plans to trial ditching second-class letter deliveries on Saturday which could pave the way for the service to be fully axed. Almost one million households across the UK will n
Royal Mail £3.6bn takeover passes national security check
02:48am, Friday, 20'th Dec 2024
Royal Mail's takeover by Czech billionaire Daniel Kretinsky has passed another major milestone towards completion with approval under national security laws. Kretinsky's EP Group noted on Friday that
Royal Mail ‘golden share' agreement with government sparks broker surprise
04:44am, Tuesday, 17'th Dec 2024
Royal Mail owner International Distributions Services plc saw its share rating upgraded to hold from sell by broker Panmure Liberum, following reports that the UK government is set to approve EP Group
Royal Mail takeover clears first major hurdle with string of commitments
07:02am, Monday, 16'th Dec 2024
Daniel Kretinsky's bid for Royal Mail passed a major milestone on Monday with the government's approval, albeit reliant on a string of commitments, for the £3.6 billion deal. Having faced a review un
Daniel Kretinsky's EP Group agrees to terms with UK govt over Royal mail deal
03:56am, Monday, 16'th Dec 2024
Czech billionaire Daniel Kretinsky's EP Group said on Monday it had agreed to certain terms with the UK government, which are conditional upon the completion of its takeover of Royal Mail owner Intern
Royal Mail £3.6bn takeover by Czech billion approved
03:51am, Monday, 16'th Dec 2024
Royal Mail owner International Distribution Services PLC (LSE:IDS)'s takeover by Czech billionaire Daniel Kretinsky has been approved by the government. IDS on Monday announced it had entered into leg
UK approves Daniel Kretinsky's $6.7 bln bid for Royal Mail owner, FT reports
07:32pm, Sunday, 15'th Dec 2024
The British government has approved the sale of Royal Mail to Czech billionaire Daniel Kretinsky, the Financial Times reported on Monday.
Ofcom fine adds to Royal Mail's cashflow woes, says Peel Hunt
06:01am, Friday, 13'th Dec 2024
Today's £10.5 million fine given to Royal Mail from communications regulator Ofcom has done no favours for the International Distribution Services PLC (LSE:IDS)-owned delivery service's cashflow worr
Royal Mail filed £10.5mln for failing to hit delivery targets
02:55am, Friday, 13'th Dec 2024
Ofcom has fined Royal Mail £10.5 million for failing to meet delivery targets in the 2023/24 financial year. This is the second financial penalty in just over a year, following a £5.6 million fine
Royal Mail to set up lockers as bid decision nears
10:52am, Thursday, 12'th Dec 2024
Bid target Royal Mail is to set up 250 parcel delivery lockers to meet continued growth in the online parcel market. Lockers from rival distribution companies are common in stores as a way for peopl
Royal Mail takeover expected to be approved next month - report
03:54am, Thursday, 28'th Nov 2024
Royal Mail owner International Distribution Services PLC (LSE:IDS) could get government approval for its £3.6 billion takeover by Czech billionaire Daniel Kretinsky next month, according to a repo
