When Royal Mail parent International Distributions Services PLC (LSE:IDS) called for a reduction in its letter delivery services it painted a "a picture of financial distress that is not reflected
International Distributions Services (LON: IDS) share price has staged a strong recovery this week as investors cheer the recent actions by Royal Mail. The stock surged to a high of 240.8p on Thursday
The universal service obligation (USO) is the minimum service level that must be provided for letter deliveries by Royal Mail set out by the government in legislation, but today the company proposed
Royal Mail owner International Distributions Services PLC (LSE:IDS) has proposed to begin delivering all non-first class and second class mail every other weekday as letter volumes continue to decli
Royal Mail has poached Heathrow Airport's chief operating officer to become its new boss in a new role created by parent company International Distribution Services' chief Martin Seidenberg. Emma Gilt
Royal Mail owner International Distribution Services has received a minor downgrade to earnings from UBS, which says the investment case for the Royal Mail owner remains finely balanced. Announcements

Royal Mail to hike stamp prices in April

08:39am, Friday, 01'st Mar 2024
Stamp prices will increase in April, with first-class stamps jumping by 10p to £1.35 and second-class stamps rising by the same amount to 85p. In March last year, first-class stamps cost 95p, but Roy
Royal Mail and Paypoint (LSE:PAY) have formed a partnership to allow parcels to be picked up, sent and dropped off across the UK. By the summer, Royal Mail customers will be able to use 5,000 stores t
Lockbit, the Russian-link hacking group behind the attack on Royal Mail last year, has been targeted by the UK's National Crime Agency. On Monday, the crime agency, in collaboration with the FBI and o
Royal Mail is reportedly planning on slowing down the delivery of hospital post and legal letters in a bid to save money. Talks have taken place between Royal Mail, the government and the NHS over the
The FTSE 100 index had another difficult week as the recent rebound faded. The index, which tracks the biggest UK companies, settled at £7,615 on Friday, down from last week's high of £7,690.
Shares of Royal Mail's parent company, IDS, have gone vertical this week as investors cheered the ongoing reforms in the sector. They have jumped in the past four straight days and are now hovering ne
Ofcom said the Royal Mail could reduce letter delivery days in the service from six to five or even three, in proposals aimed at modernising the postal service. Two primary options for the service wer
Royal Mail could be set for some of the biggest changes to its services in over a decade, including the scrapping of Saturday deliveries and making amendments to deal with lower volumes of post. Ofcom
Royal Mail may end Saturday postal deliveries as part of potential reforms being considered by the regulator, Ofcom. It led to the UK's Greeting Card Association (GCA) drafting a letter to MPs, pleadi
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