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Guardian

Guardian

Royal Mail owner blames Labour budget for preventing return to profit

Guardian
Summary
Nutrition label

78% Informative

International Distribution Services blamed 134 m hit from Labour ’s first budget in 14 years .

Company said it had achieved an operating profit of 61 m when stripping out one -off factors.

But company said it still made an operating loss when including a 134 m impairment.

The Czech billionaire Daniel Ketínský has vowed to slash costs at the company.

VR Score

80

Informative language

80

Neutral language

50

Article tone

semi-formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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no affiliate links