International Distributions Services Share News (IDS)

Royal Mail's owner reunites foreign, domestic ops under single CEO

July 20 (Reuters) - Royal Mail's parent group on Thursday named the head of its international parcels network as group CEO, reuniting its foreign and domestic operations under a single leader as it seeks to turn around its loss-making UK business.

International Distributions bemoans weak quarterly revenue; names CEO

(Alliance News) - International Distributions Services PLC on Thursday named Martin Seidenberg as its new chief executive officer, and separately said that Royal Mail revenue has fallen over the first quarter, as expected.

Royal Mail parent IDS posts uptick in Q1 revenues, appoints Seidenberg as CEO

(Sharecast News) - Royal Mail parent International Distribution Services said on Thursday that it was still targeting an adjusted operating profit for the year, as it announced the appointment of Martin Seidenberg as its new chief executive officer.

LONDON BRIEFING: Babcock profit hit by contract; new CEO at IDS

(Alliance News) - Stocks in London are expected to edge lower on Thursday, after Wednesday's outperformance following the cooler-than-expected UK inflation data.

Royal Mail wins contract for collection and delivery of passports

(Alliance News) - International Distributions Services PLC's Royal Mail has won a five-year contract for the collection and delivery of passports and supporting documents including UK Visas & Immigration travel documents.

UK shareholder meetings calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

LONDON BRIEFING: UK banks pass stress test; Wetherspoon trades well

(Alliance News) - Stocks in London are called higher on Wednesday, ahead of US inflation data.

International Distributions Services says CWU members back pay deal

(Alliance News) - International Distributions Services PLC on Tuesday said members of the Communication Workers Union have backed a deal on pay and changes to working practices.

UK workers at Royal Mail accept pay deal, ending long dispute

LONDON, July 11 (Reuters) - British postal workers have voted overwhelmingly in favour of a three-year pay deal with employer Royal Mail, ending a long dispute that has cost the company hundreds of millions of pounds and prompted the departure of its boss.

Royal Mail to face inflation-linked cap on second class stamps to 2029

(Alliance News) - The price of a second class stamp is set to be pegged to inflation until at least 2029, the UK communications regulator has said in efforts to keep letter-sending affordable.

Tuffnells, parcel delivery firm for Wickes and many others, collapses

(Alliance News) - More than 2,000 staff will be made redundant after Sheffield-based delivery firm Tuffnells Parcels Express fell into administration.

UK govt rejects Royal Mail move to axe Saturday deliveries

(Sharecast News) - The government has blocked Royal Mail's plans to axe Saturday letter deliveries, it was revealed on Thursday, which could see the price of stamps increase even further.

Ballot on Royal Mail agreement suspended by workers union

(Alliance News) - A ballot of International Distributions Services PLC's Royal Mail workers on a deal aimed at ending a long-running dispute over pay, jobs and conditions has been suspended by their union.

LONDON BROKER RATINGS: Citigroup cuts Sainsbury to 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning: