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International Distributions Services News

LONDON MARKET OPEN: BT shares fall as announces 55,000 jobs to be cut
18 May 2023

LONDON MARKET OPEN: BT shares fall as announces 55,000 jobs to be cut

(Alliance News) - European equities made headway at Thursday's open, though the FTSE 100 underperformed due to share price falls for BT and Burberry.

CORRECT: Royal Mail parent suffers loss; Burberry sees growth
18 May 2023

CORRECT: Royal Mail parent suffers loss; Burberry sees growth

(Correcting spelling of name of new De La Rue chair.)

LONDON BRIEFING: Royal Mail parent suffers loss; Burberry sees growth
18 May 2023

LONDON BRIEFING: Royal Mail parent suffers loss; Burberry sees growth

(Alliance News) - Stocks in London were called higher on Thursday, as global markets switched to risk-on, following signs of progress on US debt negot...

IDS swings to FY loss after Royal Mail strikes
18 May 2023

IDS swings to FY loss after Royal Mail strikes

(Sharecast News) - UK postal carrier Royal Mail swung to a massive £1bn annual loss, pushing parent company International Distributions Services ...

IDS unit Royal Mail faces UK probe after missing delivery targets
15 May 2023

IDS unit Royal Mail faces UK probe after missing delivery targets

(Alliance News) - Regulator Ofcom said it has launched an investigation into International Distributions Services PLC unit Royal Mail's failure to mee...

LONDON MARKET CLOSE: Sterling slides after weak UK GDP print
12 May 2023

LONDON MARKET CLOSE: Sterling slides after weak UK GDP print

(Alliance News) - Stocks in London ended the week broadly higher on Friday, with strong performances from blue-chips Beazley and GSK helping to offset...

Royal Mail chief steps down
12 May 2023

Royal Mail chief steps down

(Sharecast News) - Royal Mail chief executive Simon Thompson has quit after a bitter year-long dispute with the postal workers' union, the company sai...

TOP NEWS: IDS unit Royal Mail says CEO Thompson to resign in October
12 May 2023

TOP NEWS: IDS unit Royal Mail says CEO Thompson to resign in October

(Alliance News) - International Distributions Services PLC on Friday said that Royal Mail Chief Executive Officer Simon Thompson has notified the comp...