IDS rallies as Royal Mail and CWU reach agreement on pay
17th Apr 2023 09:27
(Sharecast News) - International Distribution Services rallied on Monday after Royal Mail and the Communication Workers Union said over the weekend that they had reached an agreement on pay and employment terms.
Read moreTalks between Royal Mail and CWU end without agreement
5th Apr 2023 14:05
(Sharecast News) - Talks between union bosses and Royal Mail have ended without an agreement following 11 months of negotiations.
Read moreRoyal Mail threatens to put postal service into administration
28th Mar 2023 09:40
(Sharecast News) - Royal Mail issued a threat to put its loss-making postal service into administration, it emerged on Tuesday, amid escalating talks with union chiefs.
Read moreMPs refer Royal Mail to Ofcom over neglect of postal obligations
17th Mar 2023 12:31
(Sharecast News) - A group of parliamentarians said on Friday that Royal Mail had neglected its legal responsibility to deliver letters, accusing the company of prioritising package deliveries.
Read moreRoyal Mail's international services restored
21st Feb 2023 11:43
(Sharecast News) - Royal Mail said on Tuesday that its international services have now been restored following a cyber incident last month.
Read morePostal strikes called off after legal challenge
7th Feb 2023 12:07
(Sharecast News) - UK postal workers have called off a strike scheduled for later this month after a legal challenge from Royal Mail, the Communication Workers Union (CWU) said on Tuesday.
Read moreCWU to strike on 16-17 February
2nd Feb 2023 17:01
(Sharecast News) - Postal workers announced that they would strike on 16-17 February due to "unagreed changes" to the structure of work by Royal Mail at offices across the country.
Read moreRoyal Mail resumes international deliveries after cyber hack
26th Jan 2023 12:14
(Sharecast News) - Royal Mail said it had resumed overseas tracked and signed-for services to all destinations for online customers after the cyber attack by ransomware gang Lockbit, which has links to Russia.
Read moreIDS Q3 revenues fall as strike over pay drags on
26th Jan 2023 07:31
(Sharecast News) - Royal Mail owner International Distribution Services (IDS) said third-quarter revenues fell as its dispute with workers over pay dragged on.
Read moreRoyal Mail hit by cyber attack
11th Jan 2023 15:54
(Sharecast News) - Royal Mail said on Wednesday that it has been hit by "severe disruption" following a cyber incident.
Read moreCompensation launched for first Post Office software victims
7th Dec 2022 12:50
(Sharecast News) - A long fought-for compensation scheme for subpostmasters affected by the Post Office accounting software scandal was announced on Wednesday,
Read moreRoyal Mail warned to stop blaming Covid for late deliveries
2nd Dec 2022 10:53
(Sharecast News) - British letter and parcel carrier Royal Mail has told to stop blaming the Covid pandemic for late deliveries after missing performance targets.
Read moreRoyal Mail makes 'best and final offer' to striking workers
23rd Nov 2022 13:18
(Sharecast News) - Royal Mail's "best and final offer" to striking workers was rejected on Wednesday afternoon, with hundreds of thousands of postal workers set to walk out on Thursday and Friday.
Read moreBerenberg lowers target price on International Distributions Services
18th Nov 2022 10:08
(Sharecast News) - Analysts at Berenberg lowered their target price on postal service operator International Distributions Services from 480.0p to 370.0p on Friday but said the company's recent first-half results offered "limited" comfort to shareholders.
Read moreRoyal Mail workers to strike on Christmas Eve
18th Nov 2022 07:29
(Sharecast News) - Royal Mail workers are to extend industrial action to include Christmas Eve, it emerged on Friday, the latest salvo in a long-running dispute over jobs, condition and pay.
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