Royal Mail’s parent firm has raised its estimate for the cost of industrial action so far to £200m and claimed that up to 12,500 union members have worked on strike days. International Distributions Services (IDS) said 18 days of walkouts at Royal Mail helped push the division to a £295m operating loss in the first
Germany is looking into a Microsoft outage that affected users around the world today. The interior ministry said the country’s cybersecurity office was investigating to identify potential culprits behind the attack. “The scope and source of these attacks are currently being clarified,” said a spokesperson. The company has not revealed how many were affected, but
Cost-conscious shoppers curbed spending over the Christmas period adding to the woes of retailers, official figures show. Retail sales unexpectedly fell by 1% in December, the second month of decline, according to the Office for National Statistics. It was far worse than the 0.5% rise predicted by economists. Cost of living latest – Inflation likely