Plus, Elon Musk’s second try at a massive payday and Chinese law firms make a push abroad
Shares in International Distributions Services jump 29% on energy tycoon’s interest
Stock reflects the burden that an obligation to deliver letters six days a week has become
Italy’s postal service kept its post office network and financial services and has used both to good effect
Five centuries-old operation is combining automation and the human touch to compete in the fast-growing parcels market
All non-first class mail would be delivered every other weekday, according to UK mail group’s submission to regulator
Emma Gilthorpe to take over UK group facing challenge of declining letter deliveries and intensifying competition in parcel business
UK regulator outlines proposals to ease financial pressures on postal provider
Plans by former UK government-owned postal group are latest attempt to meet online shopping demand
High vacancies and substandard service levels have led to poor performance, prompting concerns about postal group’s resilience
International Distributions Services posts ￡319mn half-year operating loss
UK postal service does not expect to turn an adjusted profit until the financial year ending 2025
Workers at the UK postal service offered a 10 per cent pay rise over three years after months of industrial unrest
Postal utility’s UK-listed parent, International Distributions Services, remains in a stable position
Cyber-attackers release version of stalled talks over pay-off, with UK postal group at risk of data release
Company continues to grapple with fallout from cyber attack
Frustrated retailers warn of lost sales and stock that has gone astray
Customers still being warned against sending parcels abroad owing to disruption
LockBit claims it has compromised 40 organisations around the world in just the past month
Document claims LockBit has stolen data from UK postal service, halting parcel exports
Postal group tells customers not to send parcels abroad amid ‘severe disruption’
Letter from chief executive says attempts to seek help from government and regulator have failed
Downing Street refuses to back down and insists on public sector pay restraint
Disputes at Royal Mail and the railways will not be solved with pay rises alone
Balance sheet preservation is now the priority
