Royal Mail invests £500m to tackle late deliveries as second-class post cut back


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Revolut is aiming for a $200bn valuation in a stock market listing, according to a report from the Financial Times.It is reported that the fintech firm, which received a full UK banking licence this year, has discussed internally and with some of its investors a target valuation between $150bn to $200bn.Its founder Nik Storonsky said earlier this week that the bank would IPO in 2028 at the earliest. It is understood that the bank has not established a formal valuation target.Revolut declined to comment on the report

Royal Mail invests £500m to tackle late deliveries as second-class post cut back
Second-class post will be delivered every other weekday and scrapped on Saturdays from next month as part of a £500m plan to tackle late deliveries at struggling Royal Mail.The courier has been piloting a new letter delivery pattern since July, which will be rolled out nationwide in May.The change comes follows a deal with the Communication Workers Union (CWU) and Unite last week that ended a lengthy dispute over the second-class post overhaul. The CWU will now ballot its members on the changes.There will be no changes to first-class post, which will still be delivered daily from Monday to Saturday, or to parcels, which remain unchanged, continuing at up to seven days a week

Palantir manifesto described as ‘ramblings of a supervillain’ amid UK contract fears
The US spy tech company Palantir published a manifesto extolling the benefits of American power and implying some cultures are inferior to others – in what MPs have called “a parody of a RoboCop film” and “the ramblings of a supervillain”.“Some cultures have produced vital advances; others remain dysfunctional and regressive,” wrote Palantir in a 22-point post on X over the weekend, which also called for an end to the “postwar neutering” of Germany and Japan.The post exhorted the US to reinstate a military draft, saying that “free and democratic societies” need “hard power” in order to prevail.It also predicted a future dominated by autonomous weapons: “The question is not whether A.I

Who is John Ternus, Apple’s next CEO?
Apple has announced longtime company veteran John Ternus as the next CEO of the company, succeeding current CEO Tim Cook, who is set to transition to executive chair of Apple’s board of directors later this year.Ternus’s term as CEO will begin on 1 September. The hardware engineering executive is a longtime Apple insider, indicating the company will stay the course that has led to record profits under Cook’s leadership. Apple’s yearly profit now tops $100bn, and in January it announced record revenue from its iPhones, boosted by renewed demand in China.“I am profoundly grateful for this opportunity to carry Apple’s mission forward,” Ternus said in a company press release

NFL draft questions: what should the Jets do at No 2, is Love worth it and will the Cowboys trade up?
Fernando Mendoza is a lock to go No 1, but what happens after is less certain. From a difference-making running back to a polarizing QB, we look at the biggest questions entering draft nightThe draft begins with the second pick this year. We know Fernando Mendoza will be the Las Vegas Raiders’ selection at No 1 overall. With the second pick, the Jets have a decision to make: edge-rusher David Bailey from Texas Tech or the hybrid defender Arvell Reese from Ohio State.Bailey is widely viewed as the top pure edge-rusher in the class

The Breakdown | Erin King looks to lift Ireland: ‘It was tough some days to keep showing up’
After overcoming a debilitating injury, the Ireland captain is relishing the prospect of a grudge match against FranceTwelve months ago Erin King was not only told she may never play rugby again but faced the possibility of being unable to even run. Fast forward to now and the 22-year-old is ready to lead Ireland in their revenge mission against France this Saturday after their rivals knocked them out of last year’s Rugby World Cup in King’s absence.King, who transitioned from sevens rugby after the 2024 Olympics, had sustained a serious knee injury against England at the 2025 Six Nations which ruled her out of the global showpiece. It was a blow for Ireland’s campaign with the back row going from strength-to-strength in the 15s game. In 2024 she had been named the World Rugby breakthrough player of the year after standout performances that included scoring two tries in the team’s historic win over New Zealand at the WXV tournament

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