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International Distributions Services

  • Business secretary Kemi Badenoch to discuss Royal Mail bid with Czech Sphinx

    Politics

    The owner of Royal Mail, last week agreed a £3.6bn takeover by Kretinsky’s EP Group, valuing the business at just above £5.2bn.

    Royal Mail delivery van outside a postal depot, representing the £21m fine by Ofcom for late mail deliveries.
  • The City’s betting the Royal Mail bid gets lost in the post. But will it?

    Media

    While it is true the Royal Mail deal may face some regulatory resistance, the alternative situation may be worse for the next government.

    While it is true the Royal Mail deal may face some regulatory resistance, the alternative situation may be worse for the next government.
  • Royal Mail continues drive to scrap Saturday post after union bends

    Royal Mail

    Royal Mail's proposals include a slower first-class service and reducing the number of delivery days from six to three.

    Firms are set to face higher payroll costs as the minimum wage is reportedly set to increase by more than six per cent at Wednesday’s Budget.
  • Union appears to support Royal Mail proposals to end Saturday post

    April 28, 2024

    The Communication Workers Union (CWU) had been a major obstacle to Royal Mail's efforts to reduce its loss-making daily deliveries. 

  • Royal Mail shareholder slams takeover bid as government comes under fire

    April 21, 2024

    The second largest independent shareholder in Royal Mail's parent company, International Distributions Services (IDS), has publicly backed the company's rejection of a takeover bid.

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