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International Distribution Services plc (formerly Royal Mail Limited, Royal Mail plc and International Distributions Services plc) is a British company providing postal and courier services. The UK government initially retained a 30% stake in the company, [ 4 ] but sold its remaining shares in 2015. [ 5 ]
Royal Mail, which dates back to the reign of Henry VIII in the 1500s, is set to be sold to a Czech billionaire in a deal that will keep the institution based in Britain. Daniel Křetínský’s EP ...
The British government has been granted a golden share in the recently-sold Royal Mail in a bid to keep it in the UK. Royal Mail’s sale to Czech billionaire Daniel Kretinsky’s EP Group was ...
Royal Mail, one of the U.K.'s oldest institutions, began in the 1500s as a service exclusively for the monarch and the royal court. It became a public postal service in the 1600s.
Royal Mail's industrial disputes include a seven-week strike in 1971 after a dispute over pay and another strike in 1988 due to bonuses being paid to new staff recruited in London and the South East. [93] Royal Mail suffered national wildcat strikes over pay and conditions in 2003. [94]
The Postal Services Act 2011 (c. 5) is an act of the Parliament of the United Kingdom.The act enabled the British Government to sell shares in Royal Mail to private investors and includes the possible mutualisation of the Post Office.
However, there are no such limits on first-class stamps, and in October Royal Mail pushed the price for first-class mail up by 30p to £1.65, citing "very real and urgent" financial challenges for ...
Royal Mail; Following the Postal Services Act 2011, shares in Royal Mail were floated on the London Stock Exchange in 2013. The UK government sold its remaining shares in 2015, ending 499 years of state ownership.