Breadcrumb Trail Links PMN Business Here’s the key business news from London-listed companies this morning. Author of the article: Bloomberg News Charles Capel and Leonard Kehnscherper A Royal Mail Plc trolley on a street outside a residential address in London, U.K., on Thursday, Oct. 08, 2020. Covid-19 lockdown enabled online …

Postal service Royal Mail said on Wednesday that revenues had sunk 11.5% year-on-year during the first quarter of its trading year, reflecting weakening retail trends, lower test kit volumes, and a return to a structural decline in letters. Royal Mail stated it had delivered an adjusted operating loss of £92.0m …

Royal Mail said it could split itself up as it unveiled losses of £1mn a day and a name change of its holding company to International Distributions Services. The postal provider on Wednesday warned that the board would consider the separation of its two brands — GLS and Royal Mail …

By Kyle Morris Royal Mail PLC said Wednesday that its fiscal first-quarter group revenue fell 11.5% on year and that it was committed to reaching an agreement with a union after a ballot on strike action on Tuesday. The British letter-and-parcel courier said revenue for the three months ended June …

REFRESH PAGE FOR UPDATES 7.10am: Inflation rises Inflation in June jumped to 9.4%, its highest level since February 1982, from 9.1% in May. Food inflation is running at 9.8%. Grant Fitzner, chief economist at the ONS, said: ‘The increase was driven by rising fuel and food prices, these were only …

Is 1st class post really quicker than 2nd? We put Royal Mail to the test CalendarAn icon of a desk calendar.CancelAn icon of a circle with a diagonal line across.CaretAn icon of a block arrow pointing to the right.EmailAn icon of a paper envelope.FacebookAn icon of the Facebook “f” mark.GoogleAn …

The Communication Workers Union (CWU) said 97.6% of members who voted in the ballot backed strike action in a dispute over pay The strike could severely impact postal and parcel deliveries ( Image: Getty Images) Postal workers have overwhelmingly voted in favour of strike action in a dispute over pay. …

Thousands of postal workers at Royal Mail have voted in favour of taking strike action following a pay dispute. More than 115,000 workers in the Communication Workers Union (CWC) – around 96.7% of the vote – balloted in favour of industrial action from a 77pc turnout. Members have been balloting …

More than 115,000 Royal Mail workers have overwhelmingly voted for industrial action, marking the biggest strike of Britain’s “summer of discontent”.  Some 97.6pc of workers voted to walk out in a row over pay and working conditions. Turnout for the ballot was 77pc.  Union barons were accused of refusing to …

R oyal Mail workers have voted overwhelmingly to strike in a dispute over pay, the Communication Workers Union have announced. A ballot of union members showed huge support for industrial action in protest at a 2% pay offer. A total of 97.6%, of those who voted, backed strikes, on a …