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Tag Archives: news

Companies roundup: DS Smith takeover & Entain

DS Smith (SMDS), Entain (ENT), car registrations, Future (FUTR), Ascential (ASCL), Motorpoint (MOTR) and Gooch & Housego (GHH) Packaging giants DS Smith (SMDS) and Mondi (MNDI) are still in merger talks, having reached an agreement in principle last month. The Panel on Takeovers and Mergers has extended the offer deadline from 5pm on 4 April …

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Small businesses and greetings card firms blast ‘drastic’ Royal Mail plan to end daily second class deliveries and cut the 85p-a-letter service to five times a fortnight

Royal Mail has come under fire from small businesses and greetings card firms over plans to slash daily second-class letter deliveries. The company revealed plans yesterday to scrap the deliveries on Saturdays and cut the service to just five times every two weeks.  But critics including the Federation of Small Businesses …

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Five-bedroom mansion once owned by mastermind of £70m Royal Mail fraud can be yours for £2.75million – and you’ll have Sharon and Ozzy Osbourne for neighbours too

A five-bedroom mansion once owned by a scammer who fleeced the Royal Mail out of £70million has gone up for sale after being seized. Complete with a detached pool house, the sprawling property is the former home of Narinder Sandhu, 62, who used the proceeds of an elaborate postage scam to buy …

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Royal Mail asks to scale back deliveries

Second-class deliveries under scrutiny Possible cost savings of £300mn Royal Mail has proposed halving second-class letter deliveries and slowing down business mail, in a bid to save £300mn a year. The UK courier, which is part of International Distributions Services (IDS), wants to deliver all non-first class letters every other weekday, …

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Royal Mail finally vows to investigate fake stamp farce after hundreds of Britons were wrongly fined £5 to receive letters sent using stamps that postal service claims are ‘counterfeit’

By Katherine Lawton Published: 20:09 EDT, 2 April 2024 | Updated: 20:33 EDT, 2 April 2024 Royal Mail has vowed to investigate a problem with barcoded stamps after hundreds of Britons were wrongly fined to receive letters sent using stamps the postal service deemed counterfeit.    People have complained they …

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