Royal Mail to hire thousands of temporary workers for festive season
4th Oct 2024 10:55
(Alliance News) - International Distributions Services PLC's Royal Mail is to recruit 16,000 temporary workers to help with the busy festive season. Read More
(Alliance News) - International Distributions Services PLC's Royal Mail is to recruit 16,000 temporary workers to help with the busy festive season. Read More
(Alliance News) - Royal Mail could be allowed to ditch Saturday deliveries for second class letters under an overhaul of the UK postal service being considered by the industry watchdog. Read More
International Distributions Services PLC - London-based letter and package carrier and owner of Royal Mail, Parcelforce and General Logistics Systems - EP Corporate Group AS, the vehicle of billionaire Czech businessman Daniel Kretinsky, completes second stage of the syndication of debt financing with six banks. JP Morgan Cazenove, financial adviser to EP, is satisfied that sufficient cash resources are available to satisfy in full the cash consideration payable to IDS Shareholders under the terms of the acquisition. Read More
(Alliance News) - Royal Mail delivered less than 80% of first class post on time in the first quarter, it said on Friday, missing its delivery targets set by the communications watchdog. Read More
International Distributions Services PLC - London-based letter and package carrier and owner of Royal Mail, Parcelforce and General Logistics Systems - International parcel division GLS Group sells its US freight divisions, GLS US Freight Inc and GLS US Business Solutions Inc, to DC Logistics LLC. Provides no financial details of the disposal, which is expected to close on September 1. It comes as IDS is in the process of being acquired by EP Corporate Group AS, the vehicle of billionaire Czech businessman Daniel Kretinsky. The sale of the US freight services "is consistent with GLS US's strategy to focus on its core parcel offering". Read More
(Alliance News) - International Distributions Services PLC buyer Daniel Kretinsky held private talks with new UK Business Secretary Jonathan Reynolds last week to reassure him on plans for postal service Royal Mail, Sky News reported on Monday. Read More
International Distributions Services PLC - London-based letter and package carrier and owner of Royal Mail, Parcelforce and General Logistics Systems - EP Corporate Group AS and J&T Capital Partners AS have 30.9% acceptances for their GBP3.57 billion takeover offer for IDS, to which the IDS board agreed back in May. EP Corporate is the vehicle of billionaire Czech businessman Daniel Kretinsky. The acceptances are comprised of the 27.56% stake already held by the bidders and acceptances by other shareholders for 3.37%. Read More
(Alliance News) - Stock prices in London opened higher on Thursday, after the Labour Party set out its legislative agenda in the King's Speech on Wednesday, and following unemployment data. Read More
(Alliance News) - Stocks in London opened higher on Thursday, ahead of the next interest rate decision from the European Central Bank, and following unemployment data in the UK. Read More
(Alliance News) - Royal Mail's prospective new owner has vowed to maintain the service's requirement to deliver letters six days a week throughout the UK. Read More
(Alliance News) - Daniel Kretinsky, who is eyeing a takeover for Royal Mail's parent company International Distribution Services PLC, is planning to reduce parcel prices to be more competitive, the Telegraph reported Saturday. Read More
(Alliance News) - Capita PLC on Tuesday welcomed the renewal of a contract with the Cabinet Office to administer the Royal Mail Statutory Pension Scheme. Read More
(Alliance News) - British firms saw a sharp decrease in takeover deals by foreign companies in the last quarter, the Office for National Statistics (ONS) said. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - Stock prices in Europe declined on Wednesday with markets nervy ahead of US data later this week, and as investors digest hawkish words from a US central banker. Read More
(Alliance News) - International Distributions Services PLC on Wednesday backed a takeover by Czech billionaire businessman Daniel Kretinsky, who talked up the "scale of the commitments" it gave to the UK government as it looks to get the deal over the line. Read More
(Alliance News) - Stock prices in Europe were lower at midday on Wednesday, after positive data from the US on Tuesday threw interest rate cuts into question. Read More