Royal Mail

Terry Pullinger, Deputy General Secretary of CWU (Communication Workers Union) slammed the Conservative Government for not tackling the issue of inflation in the British economy. Mr Pullinger claimed the Government was not doing enough to help workers in the UK. The General Secretary then went on to savage Kieth Williams …

A postman delivering mail The boss of Royal Mail has said disputes with unions over job cuts and pay have stalled transformation plans but stressed the company is still open to talks with unions. The warning came as the firm posted a slump in sales and told shareholders that weaker …

Royal Mail has warned union bosses preparing to strike that the business could be split in two as its British arm loses £1m a day. The former FTSE 100 company warned the Communication Workers Union (CWU), whose 115,000 members yesterday voted in favour of strike action, that its UK and …

Royal Mail is losing £1m a day, its chairman has revealed. The business reported an adjusted operating loss of £92m between April and June – the first financial quarter. Chairman Keith Williams blamed the slump on a decline in parcel volumes and a lack of progress in “delivering efficiencies”. Mr …

The UK is set for delivery chaos as Royal Mail workers voted in favour of strike action in the coming weeks. A pay dispute is at the heart of the strike, which if not settled, will cause disruption to delivery over the summer. Approximately 115,000 Royal Mail postal work voted …

Wednesday 20 July 2022 at 14:40 Weaker retail trends, fewer test kit deliveries and a structural decline in letters meant revenue fell 5.1% to £3.0bn in the first quarter. This reflected an 11.5% decline in Royal Mail PLC (LON:RMG) revenue which more than offset a 7.8% increase at GLS. With …

It is threatening a break up of the business which can trace its history back to 1516. Postal workers, among the feted heroes of the Covid crisis, voted yesterday for industrial action after refusing a 5.5% pay rise. Today the business said it had lost £92 million in the quarter …

That escalated quickly. A day after Royal Mail workers voted to strike over pay, their employer is threatening to perform the splits unless “significant operational change” happens. The UK postal service would go one way, taking its industrial relations disputes and modernisation challenges with it. GLS, the more profitable parcel …

Royal Mail has indicated that it could break up the postal service and courier company if it is unable to move ahead with changes at its UK business, which lost about £1 million a day between April and June. The company, which is facing strike action from workers over pay …

Royal Mail has reported it is losing £1m a day and has threatened to split if it cannot achieve “significant operational change”, as it faces what could be the biggest strike of the summer. The day after thousands of its staff in the Communications Workers Union voted in favour of …