Royal Mail

Royal Mail Confirms Plans To Axe 1300 JobsEagle RadioA union has raised the threat of industrial action after Royal Mail confirmed it was consulting on plans to cut 1,300 jobs, mainly managerial staff. Unite, which represents 7,000 managers at the firm, described the proposals as "ruthless". Royal Mail…Is Royal Mail …

Does Royal Mail PLC (LON: RMG) have the right credentials to be classed as a very attractive income play? More: continued here

Royal Mail still undervalued, says Miton's Godber | FE TrustnetFE TrustnetThe government floated 60 per cent of the Royal Mail group in October 2013 at 330p per share, valuing the business at £3.3bn, but several investment banks at the time made estimated valuations up to £1.5bn higher. Its share price …

BBC News BBC News – Royal Mail plans to cut 1,600 jobsBBC NewsRoyal Mail is planning to cut 1,600 roles, mostly head office managerial jobs, as part of a drive to cut costs. The postal delivery service says the net effect will be 1,300 job losses, as it plans to …

Royal Mail chief 'should not have pay rise after job cuts'Herald ScotlandThe boss of the Royal Mail should forgo a lucrative planned pay rise if controversial proposals to lay off 1600 staff go ahead, Labour have warned. The boss of the Royal Mail should forgo a lucrative planned pay rise …

Royal Mail jobs cut to save £50mYorkshire PostRoyal Mail is facing the threat of industrial action, just months after its privatisation, after unveiling plans to axe 1,600 jobs. The company came under fire for revealing a new efficiency programme aimed at saving £50m a year, saying it was needed … …

Derby Telegraph Privatised Royal Mail axes 1600 jobsMorning Star OnlineBosses announced 1,600 job losses at newly privatised Royal Mail yesterday in a bid to drive up profits. Royal Mail, which was publicly owned until last October, said axing the posts was part of a plan to cut spending by £50 …

Royal Mail can't confirm whether job cuts will affect Hemel Hempstead workersHemel GazetteSpokesman Sally Hopkins said: “As this is just the start of the consultation, there is no further detail on exactly where the job losses will be. However, you will note that the vast majority of employees impacted will …

Belfast Telegraph Royal Mail facing industrial actionAol MoneyThe Communication Workers Union (CWU), which was embroiled in a bitter row last year over privatisation which almost led to a strike, said Royal Mail had stressed that job losses will largely involve management positions. Potential job losses among …Threat of strike over jobs …

Portsmouth News 'We heard nothing from Royal Mail after this crash'Portsmouth NewsA COUPLE whose home was partly destroyed when a Royal Mail lorry crashed into it are angry that no-one from the firm got in touch for days. Len and Anne Wiles, of Gosport, said it was only when The …