Royal Mail

Around 2,000 management jobs at being axed at Royal Mail as it looks to slash costs in the face of the coronavirus crisis. The group said the job cuts come as part of a management overhaul under plans to save £330 million over the next two years. The cull will …

25th June 2020 The latest important news and updates from across Gloucestershire as the coronavirus crisis continues. 25th June 2020 With 95 employees across Gloucestershire, the largest UK owned salvage and vehicle recycling company SYNETIQ has announced its intention to expand its Gloucester site. 25th June 2020 Artist’s impressions have …

The Barnsley delivery office on Pitt Street was shut yesterday and Royal Mail said it would remain closed until tomorrow, Friday, June 26, as a ‘precautionary measure’. A Royal Mail spokesman said: “Royal Mail takes the health and safety of its colleagues, its customers and the local communities in which …

Last updated: Thursday, 25 June, 2020, 15:01 Sheffield businesses are continuing to detail their plans for reopening next month South Yorkshire delivery office closed by Royal Mail following Covid-19 outbreak Royal Mail to make 2,000 job losses in wake of coronavirus crisis  Shielding nan with ME sent ’threatening’ letter by …

Royal Mail shares stumbled on Thursday, as the postal delivery firm outlined its new restructuring plan that could cost 2,000 jobs. Royal Mail shares RMG, -12.23% dropped 10% as the company said it expects to be loss-making this year and not to pay a dividend. The job cut plan by …

Godwin Developments has acquired one of Nottingham’s most significant buildings – the former Royal Mail sorting office. The business has unveiled plans to demolish the existing building and transform it into a large mixed-use residential development. The building fronts onto Brook Street and Bath Street where it overlooks St. Mary’s …

London stocks had pared losses by midday on Thursday but remained just a touch lower amid growing concerns about a rise in new coronavirus infections in the US. The FTSE 100 was down 0.1% at 6,117.61. Joshua Mahony, senior market analyst at IG, said: “Early losses in Europe have been …

LONDON: Britain’s postal operator Royal Mail, whose workers have helped the nation cope with the coronavirus lockdown, said Thursday it will axe 2,000 management jobs. The former state-run company revealed a cost-cutting overhaul in its annual results that showed the COVID-19 outbreak had sparked a jump in demand for parcel …

(Reuters) – Royal Mail (RMG.L) Executive Chairman Keith Williams said on Thursday the COVID-19 pandemic has accelerated the need for a change at its UK business by three to four years as customers demand more parcels and fewer letters. In a brief interview with Reuters following the company’s financial results, …

Royal Mail (RMG) has dealt a blow to embattled income investors by suspending its dividend for this financial year as it restructures in the wake of the coronavirus crisis. Announcing the loss of 2,000 management jobs alongside its annual results, the listed postal operator said it will not pay a …