|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||4.9100 - 4.9340|
|52-week range||3.9000 - 7.4000|
|Beta (5Y monthly)||1.68|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||1.04 (21.23%)|
|Ex-dividend date||28 Jul 2022|
|1y target est||N/A|
Company lobbied for removal of obligation, claiming six-day service is financially unsustainable
Royal Mail’s plans to axe Saturday letter deliveries has been blocked by the Government, in a move that could lead to a huge rise in the price of first class stamps. Business minister Kevin Hollinrake today confirmed that ministers would not bow to the demands of the former FTSE 100 company, which has argued its business is unsustainable unless it is allowed to drop its six-day-a-week delivery obligation.
Amazon has parachuted in Evri to assist with deliveries as Royal Mail grapples with poor performance in the wake of a long-running industrial dispute.
The International Distributions Systems share price has collapsed again this month. Does this make it one of the FTSE 250's best bargains? The post Should I buy this sinking FTSE 250 stock in June? appeared first on The Motley Fool UK.
Scottish islanders fear complete isolation as vital mail deliveries fail to arrive for days, sometimes weeks
Jon Smith dissects the latest International Distributions Services results and muses over the direction of its shares from here. The post International Distributions Services shares fall as Royal Mail loses £1bn. What next? appeared first on The Motley Fool UK.
The group’s owner, International Distributions Services, revealed Royal Mail swung to an operating loss of £1.04 billion for the year to March 26.
The company’s position looks a little stronger now, but other big issues remain
Royal Mail has warned that its poor financial performance will continue unless ministers let the company abandon Saturday letter deliveries.
Parent company IDS posts loss of £748m as it blames industrial action and failure to increase productivity
A Russian master hacker who claims to have cut off his own finger after losing a bet has been slapped with a $10m (£8m) bounty by US officials.
Royal Mail is at risk of a fine of up to £750m after after delivering more than one in four first class letters late in its worst performance on record.
The delivery firm could be fined after falling short of its performance targets across the 2022 to 2023 financial year.
Only 73.7% of first-class mail and 90.7% of second class met delivery targets, according to the postal service
Simon Thompson is set for a pay-off of up to £700,000 after quitting as the boss of Royal Mail in the wake of a tempestuous battle with union leaders. Mr Thompson will formally step down from the helm of Royal Mail in autumn, leaving the UK postal monopoly on the hunt for its third chief executive in little more than two years. His departure follows a bruising fight with the Communication Workers Union (CWU) in a year-long row over pay and working conditions. Mr Thompson, a former Apple and Ocad
Simon Thompson to leave after only two years as postal firm seeks fourth boss in four years
As Simon Thompson resigns, leading the 507-year-old postal business looks increasingly like a poisoned chalice
Simon Thompson informed parent company International Distributions Services that he plans to leave the role on October 31.
If you're missing a parcel and don't know what to do next, then you've come to the right place.
Royal Mail is delivering post to neighbourhoods as little as once a fortnight, leaving pockets of the country to become “postal deserts”.
The chief executive of Royal Mail is preparing to step down amid a row over deliveries and after a year-long clash with workers over pay.
Simon Thompson has had a turbulent two-year stint at the helm
Furious stamp collectors have accused Post Office staff of defacing stamps with biro pens and rendering them “worthless”.
The Coronation of King Charles III is set to take place next week at Westminster Abbey. Since Queen Elizabeth II passed away in September at the...
Since ditching the Royal Mail name, International Distribution Services shares have crashed. After a 51% fall, are they now too cheap to pass up? The post International Distributions Systems shares looks cheap! appeared first on The Motley Fool UK.