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The Royal Mail Group Limited, trading as Royal Mail, is a British postal service and courier company. It is owned by International Distribution Services. It operates the brands Royal Mail (letters and parcels) and Parcelforce Worldwide (parcels). The company used the name Consignia for a brief period in the early 2000s but changed it afterwards.
International Distribution Services plc (formerly Royal Mail Limited, Royal Mail plc and International Distributions Services plc) is a British company providing postal and courier services. The UK government initially retained a 30% stake in the company, [ 4 ] but sold its remaining shares in 2015. [ 5 ]
In 2007, the government gave a £1.7 billion subsidy to Royal Mail Group so that it could turn a profit by 2011. This was to be used to invest across the whole network of Royal Mail, Post Office Limited, and Parcelforce. Eighty-five Crown post offices were closed, 70 of which were sold to WHSmith. This followed a trial of six Post Office ...
Royal Mail owner International Distribution Services (IDS) said it has agreed to a £3.57 billion takeover offer from Czech billionaire Daniel Kretinsky’s EP Group.
The union said the move follows a threat centred around the “outrageous” decision by Royal Mail Group’s senior management to withdraw from major national agreements, push ahead with cuts to ...
The British Post Office scandal, also called the Horizon IT scandal, involved the Post Office pursuing thousands of innocent subpostmasters for apparent financial shortfalls caused by faults in Horizon, an accounting software system developed by Fujitsu. Between 1999 and 2015, more than 900 subpostmasters were convicted of theft, fraud and ...
Martin Seidenberg (born 1973) is a German business executive, and the CEO of International Distributions Services, the parent company of Royal Mail, and started the role in August 2023. He was previously CEO of its Dutch subsidiary GLS Group. Prior to GLS he spent 15 years at Deutsche Post DHL in a variety of strategy, logistics and CEO roles. [1]
Planned strikes by Royal Mail workers in the next two weeks have been called off following a challenge by the company. Members of the Communication Workers Union (CWU) are involved in a long ...