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UK postal service does not expect to turn an adjusted profit until the financial year ending 2025
Workers at the UK postal service offered a 10 per cent pay rise over three years after months of industrial unrest
Postal utility’s UK-listed parent, International Distributions Services, remains in a stable position
Cyber-attackers release version of stalled talks over pay-off, with UK postal group at risk of data release
Company continues to grapple with fallout from cyber attack
Frustrated retailers warn of lost sales and stock that has gone astray
Customers still being warned against sending parcels abroad owing to disruption
LockBit claims it has compromised 40 organisations around the world in just the past month
Document claims LockBit has stolen data from UK postal service, halting parcel exports
Postal group tells customers not to send parcels abroad amid ‘severe disruption’
Letter from chief executive says attempts to seek help from government and regulator have failed
Downing Street refuses to back down and insists on public sector pay restraint
Disputes at Royal Mail and the railways will not be solved with pay rises alone
Balance sheet preservation is now the priority
Postal service says it needs to scale back service to ease financial pressures
Royal Mail postal strikes set to cause disruption during the busy sales period
Founded in 1516, the group is under pressure from nimble rivals as focus shifts from letters to parcels
RMT cancels three days of imminent walkouts and CWU pause 48-hour stoppages
Stage set for Daniel Křetínský to increase holding in delivery group from 22% to more than 25%
Company suggests to union that new starters be paid 20% less as it grapples with lower-price competitors
“There’s an elephant in the room”
A dissatisfied workforce is just one of many problems facing the UK’s postal service
Government will use new security powers to review Daniel Křetínský’s bid to boost shareholding above 25%
Walkouts planned in August and September after union rejects pay award of up to 5.5%
Postal service is seeking cost cuts but workers are demanding better pay and conditions
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