17 h. ago Royal Mail returns to profit for first time since £3.6bn 'Czech Sphinx' takeover

Royal Mail has returned an underlying profit for the first time in three years as bosses hailed an 'important milestone in the company's turnaround'.

Economics

19 h. ago Royal Mail move to scrap second class post on Saturdays to take ‘many months’

Royal Mail said it had started ‘detailed work’ ahead of rolling out the changes nationwide, but that it will continue well into 2026.

Politics

20 h. ago UK manufacturing downturn continues as new orders slide; Profits surge at Royal Mail – business live

Weak market conditions, US tariffs and downbeat client confidence blamed for drop in factory ordersOuch! The UK manufacturing sector shrank again last month, as factories were hit by weaker demand at home and abroad.The latest monthly poll of purchasing managers across Britain’s manufacturing sector found that new orders and new export business both fell at quicker rates in August, leading to another drop in production volumes.“Production volumes are still showing resilience in the face of global geopolitical uncertainty and US tariff policies, with both July and August having seen only slight contractions that were milder than those suffered earlier in the year. Business confidence has also lifted to a sixmonth high, reflecting hopes that the trading environment is starting to settle down.However, August also saw a steep drop in UK manufacturers’ new orders, with total order books and overseas demand both falling at some of the fastest rates seen over the past two years. Weak marke...

Economics

21 h. ago Profits surge at Royal Mail’s parent company after £3.6bn takeover by foreign owner – business live

Royal Mail returns to an underlying annual profit for the first time in three years despite a “competitive and challenging” backdropRoyal Mail’s parent company has posted a surge in profits, in its first financial results since being taken over by Czech billionaire Daniel Křetínský.International Distribution Services (IDS) has reported that pre-tax profits jumped to £429m in the year to 30 March 2025, up from £114m the previous year.“It has been a year of change for IDS. Thanks to the hard work of our people and our investment in transformation, Royal Mail returned to profit for the first time in three years, marking an important milestone in the company’s turnaround.With IDS’s acquisition by EP Group complete and Universal Service reform decided now is the time for us to drive the business forward and capitalise on our momentum.This is in line with guidance and was achieved despite an increasingly competitive and challenging trading environment. Continue reading...

Economics

3 d. ago Royal Mail owner set to return to profit in first figures since £3.6bn takeover

Daniel Kretinsky’s EP Group completed its takeover of Royal Mail owner International Distribution Services in June.

Economics

4 d. ago Royal Mail unveils 'postboxes of the future' with innovative new feature

Royal Mail has unveiled its new 'postboxes of the future' featuring solar panel scanners that it says will make the process of sending small parcels 'much easier'

Politics

4 d. ago 'Postboxes of the future' unveiled as Royal Mail show off one brand new feature

Royal Mail is getting a makeover, with 3,500 of its postboxes receiving a revamp to make it 'even easier' to send smaller packages thanks to clever new technology

Politics

4 d. ago Royal Mail unveils 'postboxes of the future' with one very different feature

Royal Mail is giving 3,500 of its postboxes across the country a 'glow-up' to make it 'even easier' to send small parcels using solar power technology on scanners

Politics

4 d. ago Royal Mail announces new service as major change to come into force

The move follows a US executive order last month

Politics

4 d. ago How will Royal Mail's new 'postboxes of the future' work as rollout begins

After 175 years, the Royal Mail has announced the biggest design change to the iconic red postboxes.

Politics

4 d. ago Royal Mail launches services to help customers post to US after new charges

Goods valued at 800 dollars or less will no longer be exempt from US import duties and taxes from August 29.

Economics

5 d. ago TikTok owner set to launch share buyback valuing company at $330bn

ByteDance plans to offer employees $200.41 per share, up 5.5% from $189.9 six months ago, as revenue growsByteDance, the owner of the short-video app TikTok, is set to launch a new employee share buyback that will value the Chinese technology giant at more than $330bn, driven by continued revenue growth, said three people with knowledge of the matter.The company plans to offer current employees $200.41 per share in the repurchase program, the people said, up 5.5% from $189.90 each it offered them about six months ago which valued ByteDance at roughly $315bn. Continue reading...

Economics

5 d. ago Brits lose £757 on average to scammers posing as Natwest, Santander and Lloyds

The Royal Mail is the most frequently impersonated company by fraudsters.

Economics

5 d. ago Royal Mail 'postboxes of the future' to appear in Manchester with huge changes

The new design which sees the biggest change to the postbox in its 175-year history will be installed in a number of UK cities

Sport

6 d. ago Royal Mail halts package service from today as huge change could mean extra fees

Royal Mail users could soon be hit with added fees as the postal service makes a major move.

Politics

6 d. ago Royal Mail temporarily stops sending packages to US due to Trump tariffs

The move will impact commercial shippers sending items of low-value to the US

Politics

7 d. ago Natwest, Santander, Sainsbury's, Evri, Royal Mail users given £750 warning

High street banks and organisations like Royal Mail and Evri targeted and people told 'watch for small amounts first'

Events

7 d. ago Anyone using Nationwide, Santander, Natwest, Evri, Royal Mail given £757 warning

High street banks and organisations like Royal Mail and Evri targeted and people told 'watch for small amounts first'

Events

8 d. ago Some 70% of consumers have received scam message from ‘trusted source’ – survey

The UK’s most impersonated brands are Royal Mail and Evri, the study for TransUnion found.

Politics

9 d. ago Royal Mail fail to deliver one in four first class letters on time in first months under new ownership approved by ministers

The postal service, which is already under scrutiny after it increased the cost of a first-class stamp to £1.70 in April, is failing to meet the targets imposed by the watchdog.

Politics