Royal mail

Royal Mail on naughty step after jumping gun on USO
Ofcom has given Royal Mail a slap on the wrist for jumping the gun on potential changes to the Universal Service Obligation.

CWU negotiations continue, EP Group appoints new UK advisor
Negotiations between the Communication Workers’ Union (CWU) and Royal Mail over pay, working conditions and the Universal Service Obligation (USO) have entered their sixth week ahead of Royal Mail’s...

Ofcom investigates Royal Mail after delivery targets missed again
Ofcom has opened an investigation today (23 May) into Royal Mail’s compliance with its regulatory obligations for 2024/25, following the postal operator’s publication of its annual delivery...

Shareholders green light Royal Mail takeover
The takeover deal for Royal Mail parent International Distribution Services has been declared unconditional, with more than 80% of shareholders accepting the offer and the postal operator set to...

Shareholder acceptances creep up at IDS
The takeover of Royal Mail parent International Distribution Services has reached another milestone, with shareholder acceptances now climbing to just over 40%.

Royal Mail seeks changes to USO reform
Royal Mail has responded to Ofcom’s proposals for reform of the Universal Postal Service and has pushed back on what it described as “over specified” delivery targets.

Royal Mail takeover timetable resumes
The takeover deal for Royal Mail parent International Distribution Services is expected to complete at the end of this month – although a majority of shareholders are yet to accept the offer.

Royal Mail takeover delayed, bulk mail class action goes ahead
The proposed £3.6bn takeover of Royal Mail’s parent company has been delayed because of political unrest in Romania.

Changes to USO now up for consultation
Ofcom has confirmed its proposed changes to Royal Mail’s Universal Service Obligation including a reduced Second Class service, a relaxation of delivery targets, and a revamped bulk mail access...

Tracked deliveries and parcels boost Royal Mail performance
The takeover bid for Royal Mail’s parent group has cleared two more regulatory hurdles, and trading at the business continues to improve.

Gov’t rubberstamps Royal Mail takeover national security requirement
The EP Group takeover of Royal Mail parent company International Distribution Services (IDS) has received final approval from the government.

Royal Mail takeover cleared, Gov't retains ‘golden share’
The UK government has cleared the purchase of Royal Mail owner International Distribution Services (IDS) by Czech billionaire Daniel Křetínský’s EP Group.