Royal Mail

Royal Mail strike looms after pension is rejectedThe Times (subscription)The spectre of a nationwide strike still hangs over Royal Mail after its offer of a hybrid pension to replace its final-salary scheme was rejected by unions as “intellectually boring, morally sickening and an insult to employees”. Even pensions experts … …

FleetNews Royal Mail is 'ready to go' with SMR fleet servicesFleetNewsHowever, while rivals are eager to take on the full range of fleet management services rather than just maintenance, Royal Mail is only interested in the latter – at least for now. This will facilitate direct relationships with fleet management …

Royal Mail says considering how to replace pension plan after union backlashReuters UKRoyal Mail said on Friday that among its options for those leaving the older scheme it was considering a defined benefit cash balance scheme, where employees would receive a fixed sum at retirement plus payments based on the …

Royal Mail considers ways to replace pension plan after union backlashReutersRoyal Mail, the postal service privatised in 2013, said on Friday it was one of only a few major companies to still have staff in a defined benefit scheme, a type of pension that pays out according to workers' final …

Irish Independent Royal Mail share spike haunts Noonan's AIB saleIrish IndependentFormer British Prime Minister David Cameron's administration faced a storm in the aftermath of the Royal Mail's privatisation after the postal service's value rocketed. In an effort to avoid a similar problem, Minister for Finance Michael Noonan has … More: …

Markets Daily Royal Mail PLC 21.3% Potential Decrease Indicated by Jefferies InternationalDirectorsTalk InterviewsRoyal Mail PLC using EPIC/TICKER code LON:RMG had its stock rating noted as 'Reiterates' with the recommendation being set at 'UNDERPERFORM' this morning by analysts at Jefferies International. Royal Mail PLC are listed in the Industrials sector …Royal Mail …

Royal Mail proposes hybrid defined benefit pension schemeFT AdviserIn place of the DB scheme, the company said it was considering offering employees two alternatives: a standard defined contribution scheme; and a "defined benefit cash balance scheme". Royal Mail described the DB cash balance scheme as follows: "From … More: continued here

Royal Mail says considering how to replace pension plan after union backlashReutersThe Communications Workers Union (CWU) opposes Royal Mail's move to close the defined benefit plan and says it would result in employees in the plan losing on average up to a third of their future pensions. Around 90,000 Royal …

Southwark News Closure confirmed for Royal Mail sorting office serving Walworth and KenningtonSouthwark NewsThe statement said: “As a commercial business, Royal Mail is responding to the huge growth in electronic communications and decline in letter volumes, while seeing a high volume of parcels and online shopping which need to be …

Get Surrey Former Royal Mail delivery office could be replaced with DIY stores including Wickes and a Greggs sandwich shopGet SurreyThe application includes demolishing two vacant houses and four commercial units on the site. One of those was the Egham and Staines Royal Mail delivery in Runnymede House, that left …