Keith Williams: Last News

Royal Mail parent firm International Distribution Services (IDS) said its board of directors has agreed to a £3.57 billion takeover offer from Czech billionaire and shareholder Daniel Kretinsky.

A dad was tragically killed when his vehicle was struck by another motorist who drove for almost five miles the wrong way down the road after suffering from a "hypoglycemic event".

Royal Mail has been slammed for considering ditching the Saturday post.

coronavirus crisis.

Royal Mail is set to cut 2,000 jobs, with chief executive Keith Williams announcing a “management restructure”.The overhaul has been implemented in a bid to slash costs in the face of the coronavirus crisis.The UK's postal service said it needed to take "immediate action" after profit before tax plunged 25% to £180m in the year to March.A further £300million is set to be axed in spending until 2022 to address the impact of coronavirus.Mr Williams said: "We're taking immediate action on costs, which will result in a £130 million saving in people costs next year and flat non-people costs, along with a reduction of around £300 million in capex (capital expenditure) across the Group over the next two years, to address the immediate impact of

Royal Mail is set to make 2,000 workers redundant in a huge £130million restructuring move that's been accelerated by the coronavirus pandemic.