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The Latest Breaking News from IDs

Profits soar at UK firm set up to help government chase unpaid debts

Success of Integrated Debt Services, a brainchild of Con-Lib coalition, comes amid scrutiny of sector

The Guardian - UK

Royal Mail owner appoints Martin Seidenberg as new chief executive

Former head of Dutch subsidiary will take up role in August, after year of disputes and heavy losses for IDS

The Guardian - UK

With strikes behind them, get ready for Royal Mail’s next battles

The company’s position looks a little stronger now, but other big issues remain

The Guardian - UK

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read the most diverse news in one place.

Royal Mail reports £1bn loss after postal workers’ strikes

Parent company IDS posts loss of £748m as it blames industrial action and failure to increase productivity

The Guardian - UK

Royal Mail slumps to loss of more than £1bn after year of strikes

The group’s owner, International Distributions Services, revealed Royal Mail swung to an operating loss of £1.04 billion for the year to March 26.

The Independent UK

Bank of England denies QE caused double-digit inflation; mortgage arrears and repossessions jump – as it happened

Central bank chiefs tell MPs that unwinding QE is more like descending a mountain than decommissioning a nuclear submarine

The Guardian - UK

Royal Mail slumps to loss of more than £1billion

Strikes have been blamed for the poor performance

Wales Online

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Royal Mail chief expected to step down within weeks

Simon Thompson has had a turbulent two-year stint at the helm

The Guardian - UK

Royal Mail bosses threaten to declare insolvency as pay talks near collapse

Talks with union over pay and working practices are on brink of collapse and special administration has been explored

The Guardian - UK

Michelle Mone’s husband in row over charity donations to firm run by ex-Tory leader IDS

Charity bankrolled by Doug Barrowman donated nearly £500,000 to Centre for Social Justice, co-founded by Iain Duncan Smith.

Daily Record

For Elon Musk, Twitter is a time-wasting folly he doesn’t know what to do with

Shouting about free speech was easier than actually managing a social media platform. Tesla’s shareholders must be looking on in horror

The Guardian - UK

Now our ‘menopause allies’ really know how we suffer. Isn’t that right, Iain Duncan Smith?

Wearing a gilet to feel a hot flush has opened his and others’ eyes, so they claim. Hmmm

The Guardian - UK

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