IDS on track to meet FY guidance following strong Christmas performance
18th Jan 2024 08:36
(Sharecast News) - Logistics group International Distributions Services said on Thursday that it had seen a "marked improvement" in Royal Mail's Christmas performance, putting the group on track to meet full-year guidance.
Read moreSunday share tips: Top picks to consider for 2024
31st Dec 2023 10:21
(Sharecast News) - The Sunday Times and Mail on Sunday have offered their top investment tips for 2024, which includes stocks from a variety of sectors such cruises and market research to metals and real estate.
Read moreRoyal Mail parents IDS mulling potential €500m Packeta bid - report
13th Dec 2023 07:22
(Sharecast News) - The owner of the Royal Mail is considering a potential bid for Czech parcels giant Packeta worth up to €500m, it was reported on Wednesday.
Read moreLondon close: Stocks slip as investors digest US inflation
12th Dec 2023 16:00
(Sharecast News) - London's markets finished in the red on Tuesday, as investors digested a slight decrease in consumer inflation in the US, while the UK's unemployment figures remained stable.
Read moreRoyal Mail parent IDS surges on BofA Merrill Lynch upgrade
12th Dec 2023 15:55
(Sharecast News) - Royal Mail parent International Distribution Services surged on Tuesday after Bank of America Merrill Lynch upgraded the shares to 'buy' from 'neutral'.
Read moreRoyal Mail strikes new partnership with TikTok
21st Nov 2023 10:18
(Sharecast News) - Logistics firm Royal Mail has inked a new partnership with social media giant TikTok to help merchants of all sizes improve their delivery experience.
Read moreRoyal Mail parent IDS sees first-half losses jump
16th Nov 2023 10:45
(Sharecast News) - International Distributions Services, the holding company of Royal Mail and GLS, saw losses more than double in the first half as lower parcel volumes and a pay settlement with workers dented the bottom line.
Read moreLondon close: Stocks firmer ahead of key inflation readings
13th Nov 2023 14:33
(Sharecast News) - London markets closed in a resilient state on Monday, maintaining positive momentum from the end of last week after solid gains on Wall Street on Friday.
Read moreRoyal Mail fined £5.6m by Ofcom for missing delivery targets
13th Nov 2023 09:05
(Sharecast News) - Ofcom has fined Royal Mail £5.6m for missing postal delivery targets in the last financial year "by a significant and unexplained margin".
Read moreOfcom to review Royal Mail's universal service obligations
5th Sep 2023 11:38
(Sharecast News) - UK communications regulator Ofcom announced plans to review the nation's universal postal service on Tuesday, as a result of the changing needs and habits of postal users.
Read moreRoyal Mail parent IDS posts uptick in Q1 revenues, appoints Seidenberg as CEO
20th Jul 2023 10:06
(Sharecast News) - Royal Mail parent International Distribution Services said on Thursday that it was still targeting an adjusted operating profit for the year, as it announced the appointment of Martin Seidenberg as its new chief executive officer.
Read moreUK govt rejects Royal Mail move to axe Saturday deliveries
8th Jun 2023 12:19
(Sharecast News) - The government has blocked Royal Mail's plans to axe Saturday letter deliveries, it was revealed on Thursday, which could see the price of stamps increase even further.
Read moreIDS swings to FY loss after Royal Mail strikes
18th May 2023 07:02
(Sharecast News) - UK postal carrier Royal Mail swung to a massive £1bn annual loss, pushing parent company International Distributions Services into the red after a bruising year-long battle with unions over pay and conditions and a failure to deliver productivity improvements.
Read moreRoyal Mail chief steps down
12th May 2023 13:42
(Sharecast News) - Royal Mail chief executive Simon Thompson has quit after a bitter year-long dispute with the postal workers' union, the company said on Friday.
Read morePostal workers to be balloted as Royal Mail reaches deal with CWU
21st Apr 2023 12:13
(Sharecast News) - A longstanding scuffle between Royal Mail and the Communications Workers Union (CWU) looked set to be coming to an end on Friday, with International Distributions Services announcing that it had reached an agreement with the CWU's Postal Executive Committee.
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