Royal Mail goes ahead with cuts to UK flights despite takeover

Three more freight flights to go this month as parent company’s CEO Martin Seidenberg pursues transformation

The boss of Royal Mail’s parent company has said it will push on with a transformation of the group despite its £3.57bn takeover, as Royal Mail prepares this month to cut more daily freight flights.

Martin Seidenberg, the chief executive of International Distribution Services, plans “the biggest network change in 20 years” to revamp Royal Mail’s deliveries despite uncertainty created by the Czech energy tycoon Daniel Kretinsky’s takeover, which has been backed by the board.

Continue reading...

Oliver Dowden reportedly reveals preferred choice for next Tory leader – UK general election live

Deputy PM says Victoria Atkins is ‘star’ and is one of only people he could see leading Tory party

Meanwhile Rishi Sunak is expected to tell voters today that “If just 130,000 people switch their vote and lend us their support, we can deny Starmer that supermajority,” PA reports.

Keir Starmer has said a big majority would be “better for the country”, as the Tories continue to urge voters to proceed with caution and not hand Labour a “blank cheque”.

Continue reading...

Badenoch urged to scrutinise business links of Royal Mail bidder Křetínský

Business secretary is due to meet Czech tycoon to discuss a takeover the Guardian has raised questions about

The business secretary, Kemi Badenoch, is being pressed to question the Royal Mail bidder Daniel Křetínský on his business links, after the Guardian raised questions about a series of controversial global property deals connected to the Czech billionaire’s longtime business partners.

Badenoch is scheduled to meet the tycoon next week to discuss his £3.57bn bid for the 500-year-old institution, which will be subjected to a review under the National Security and Investment Act.

Continue reading...

Royal Mail owner warns Czech billionaire’s offer could create risk around finances

IDS says a change in ownership may lead to ‘material uncertainty’ over the company’s future

Royal Mail’s owner has warned that a potential £3.5bn bid by the Czech billionaire Daniel Křetínský could create risk around the company’s finances.

The warning came as the industry regulator Ofcom announced that it had opened an investigation into the parent group, International Distributions Services (IDS), for failing to meet its annual delivery targets for the second year in a row. Last year, Ofcom fined the company £5.6m for failing to meet its first-class and second-class delivery targets in 2022-23.

Continue reading...

UK politics: I never called for rainbow lanyard ban, claims Esther McVey – as it happened

‘Common sense minister’ denies plan to Channel 4 News despite saying earlier this week that lanyards should be a ‘standard design’

Labour says the Ministry of Justice’s decision to delay court hearings because of prison overcrowing (see 10.39am) shows that people are “less safe” under the Tories. That’s a very convenient retort to Rishi Sunak, because only two days ago he gave a major speech arguing that security was a key reason why his party deserved to win the election.

In a statement, Shabana Mahmood, the shadow justice secretary, said:

The Tories continue to make major and unprecedented changes to the justice system without so much as a word to the public. It’s completely unacceptable and the public will be alarmed at this latest panic measures.

The government is stalling justice and leaving victims in limbo because of the mess they have created. This comes days after they hid from the public that they’re now letting criminals out of jail earlier than ever before.

The government is completely failing [on knife crime]. We’ve had an 80% increase since 2015 and rises all around the country. That’s the first point.

On stop and search, that is intelligence lead and evidence-based and is a really important tool. We’ve had, for example, the Inspectorate of Constabulary, an independent organisation, looking at this saying that what’s essential is that it is done in that targeted way.

Continue reading...

Royal Mail urged to investigate claims of Chinese-made fake stamps

Minister says he will work with business to investigate, while China dismisses suggestion of state role as ‘absurd’

The Post Office minister, Kevin Hollinrake, has called on Royal Mail to investigate allegations that factories in China are mass-producing fake British stamps for export.

Use of a counterfeit stamp can result in a £5 fine but realistic fakes are being sold online and bought unwittingly by the public and smaller retailers.

Continue reading...

Royal Mail names senior Heathrow executive as next boss

Emma Gilthorpe is tasked with turning company around and takes up newly created CEO role in May

Royal Mail has appointed a senior executive from Heathrow to become its next boss, charged with delivering a turnaround to the ailing postal company.

Emma Gilthorpe, who has been the chief operating officer at the airport since 2020, will join Royal Mail in May.

Continue reading...

Royal Mail could save £650m by moving to three-day-a-week service, says Ofcom

Regulator sets out possible ways forward in review of requirement to deliver across Britain, six days a week

Royal Mail could save up to £650m if it delivered letters just three days a week and £200m by stopping Saturday deliveries, the communications regulator has said.

The watchdog said a reduction from six to five days a week would save £100m to £200m, and going down to three days would save between £400m and £650m.

Continue reading...

Ofcom to set out possible Royal Mail reforms – and Saturday deliveries could end

Regulator’s review will look at evidence and options on how universal postal service ‘might need to evolve’

Royal Mail could be allowed to end Saturday postal deliveries as part of Ofcom’s review into how the service may need to be reformed.

Next week, Ofcom will publish a document outlining “potential options for the future of the universal postal service”.

Continue reading...

Royal Mail hails best Christmas for four years – but staff miss £500 bonus

Delivery company says nearly all festive deliveries arrived on time and its revenues rose

Royal Mail has said it had its best Christmas for four years, with nearly all festive deliveries arriving on time – despite missing a target that would have handed postal workers a £500 bonus.

The delivery company’s owner, International Distributions Services (IDS), on Thursday reported group revenues rose nearly 10% to £3.6bn in the final three months of 2023.

Continue reading...

Royal Mail loses 360-year monopoly on delivering parcels from Post Office sites

Customer dissatisfaction with service thought to be reason for expanding remit to Evri and DPD

Royal Mail is to lose its 360-year-old monopoly on delivering parcels from Post Office branches, after concerns about poor quality of service persuaded the postal service to sign deals with rivals Evri and DPD in the run-up to Christmas.

The two couriers would be added to the options available at the counter from later this month, the Post Office said, with customers given a choice for the first time.

Continue reading...

Royal Mail uses drones to deliver post in the Orkney islands

Service between Stromness to Hoy and Graemsay is Royal Mail’s first permanent drone delivery service

Royal Mail has begun using drones to deliver post in the Orkney islands, helping pave the way for drone deliveries to islands around the UK and on the mainland during emergencies.

The service between the village of Stromness on Orkney’s main island to the nearby islands of Hoy and Graemsay, using aircraft able to carry up to 6kg, is Royal Mail’s first permanent drone delivery service.

Continue reading...

Royal Mail chief expected to step down within weeks

Simon Thompson has had a turbulent two-year stint at the helm

Royal Mail boss Simon Thompson is expected to step down within weeks, after a turbulent two-year stint at the helm.

The chief executive has been accused by unions of inflaming the bitter industrial dispute, and his credibility was put in question after a Commons select committee appearance.

Continue reading...

Royal Mail and Communication Workers Union reach deal on pay

Agreement in principle follows strikes and 11 months of negotiations over pay, jobs and conditions

Royal Mail and union leaders have reached an agreement in principle after 11 months of negotiations in a dispute over pay, jobs and conditions.

Royal Mail said it had reached a negotiators’ agreement with the Communication Workers Union (CWU), the details of which will be made public once it has been ratified by the union’s executive committee, which is expected to take place next week.

Continue reading...

Royal Mail workers poised for strikes after Easter as talks fail

CWU union lines up action as MP brands bosses’ threat to put service into administration as ‘scandalous’

Postal workers at Royal Mail are poised to stage a fresh wave of strikes after Easter as talks stalled, amid a “scandalous” threat by bosses to put the company into administration.

The Communication Workers Union (CWU), which represents about 115,000 postal workers, is close to agreeing multiple strike dates to take place later in April, the Guardian understands, in the long-running dispute between the company and union. A formal announcement of the strike dates is expected this week.

Continue reading...

First stamps to bear King Charles’s silhouette to be released

Special set with UK’s favourite flowers including the sunflower and purple iris to feature on collection of 10 stamps


The first stamps to bear King Charles’s silhouette are to be released on a special set celebrating the nation’s favourite flowers. The image of the king’s uncrowned profile, in silver and facing to the right, features on a collection of 10 stamps with images including the sweet pea, the sunflower and the purple iris.

Continue reading...

Cost of first class stamp to rise above £1 for first time, Royal Mail announces

First class stamp £1.10 from April and second class 75p as firm predicts £450m operating loss

The cost of a first class stamp will rise to £1.10 early next month, Royal Mail has announced, breaking the £1 barrier for the first time.

The company said it would increase the price of a first class stamp by 15p from 3 April, a year after it went up by 10p to 95p. The price of a second class stamp is also going up, by 7p to 75p.

The secondary headline on an earlier version of this article gave the incorrect price for second class stamps. This has now been corrected.

Continue reading...

Royal Mail resumes international deliveries after cyber-attack

Delivery company refused to pay $80m ransom but now faces another round of strikes

Royal Mail has restarted international parcel and letter deliveries almost six weeks after it revealed it had been affected by a ransomware cyber-attack that left it battling to get its international services back up and running.

The delivery company refused to pay an $80m (£67m) ransom demanded by hackers linked to Russia after the “cyber incident”, which resulted in 11,500 Post Office branches across the UK being unable to handle international mail or parcels.

Continue reading...

MPs to recall Royal Mail boss to parliament to face questions

Simon Thompson has been summoned back over accuracy of evidence he gave to committee

The chief executive of Royal Mail is to face a rare recall to parliament to face questions over the accuracy of evidence he gave to a committee of MPs.

Simon Thompson, Royal Mail’s boss, has been summoned back by the business, energy and industrial strategy committee, after giving evidence in a sometimes testy exchange last week.

Continue reading...

Royal Mail ransomware attackers threaten to publish stolen data

Postal service has been unable to send letters and parcels overseas since Wednesday due to hacking

Royal Mail has been hit by a ransomware attack by a criminal group, which has threatened to publish the stolen information online.

The postal service has received a ransom note purporting to be from LockBit, a hacker group widely thought to have close links to Russia.

Continue reading...