Eagle Radio Royal Mail: Pension closure plan sparks industrial action threatEagle RadioIts acting deputy general secretary, Ray Ellis, said: "Although Royal Mail's own consultation exercise revealed massive opposition to the closure plan, the company has decided to ignore the views of its workforce and proceed with closure without consent.". More: …
Read More »Is Royal Mail killing off its Internet Delivery Business by mistake? – ComputerWeekly.com (blog)
ComputerWeekly.com (blog) Is Royal Mail killing off its Internet Delivery Business by mistake?ComputerWeekly.com (blog)The campaign against the closure of our local (SE27) Royal Mail sorting office and collection point appears as muddled as the policy behind the closure. Both fail to separate the need for much better local collection facilities …
Read More »Is there post over Easter weekend? When do Royal Mail deliver at Easter? – Metro
Metro Is there post over Easter weekend? When do Royal Mail deliver at Easter?MetroThe Royal Mail doesn't usually deliver or collection bank and public holidays, which means there will be no post delivered or a post collection today (Good Friday) or Easter Monday. Some areas – specifically central London – …
Read More »Pension plan hits Royal Mail shares – Herald Scotland
Herald Scotland Pension plan hits Royal Mail sharesHerald ScotlandSHARES in Royal Mail endured a rocky day of trading yesterday after the company announced that from March next year the 90,000 members of its defined benefit pension scheme will no longer be able to accrue benefits. In an announcement to the …
Read More »Royal Mail faces strike threat over closure of pension scheme – The Times (subscription)
Royal Mail faces strike threat over closure of pension schemeThe Times (subscription)Royal Mail was accused today of provoking an industrial dispute with trade unions after the privatised postal giant said it was closing its final salary scheme for good. The news, said Royal Mail's main union, “will be met with …
Read More »Royal Mail to shut pension scheme – Financial News (subscription)
Financial News (subscription) Royal Mail to shut pension schemeFinancial News (subscription)Royal Mail, the UK's formerly state-owned postal operator, is to shut down its final salary pension scheme completely, after years of reforms and cutbacks failed to put it on a sustainable footing, according to the company. Arguing that its pension …
Read More »Strikes threatened as Royal Mail announces pension scheme closure – printweek.com
printweek.com Strikes threatened as Royal Mail announces pension scheme closureprintweek.com“The plan is currently in surplus [£1.77bn on the IAS 19 accounting standard as of 31 March 2016] but we expect the surplus will run out in 2018,” said Royal Mail in a statement. “The company's annual pension contributions are currently …
Read More »FTSE 100 slides as bank shares lose ground – BBC News – BBC News
BBC News FTSE 100 slides as bank shares lose ground – BBC NewsBBC NewsBanking shares drag the London market lower despite healthy results from US banks including JP Morgan.FTSE 100 struggles for direction ahead of Easter breakHerald ScotlandFTSE 100 preview: Downbeat start on the cards after Trump commentsiNVEZZall 11 news …
Read More »Royal Mail will shut its pension scheme next year but talks are … – City A.M.
City A.M. Royal Mail will shut its pension scheme next year but talks are …City A.M.Royal Mail has decided to shut its mammoth pension scheme next year, saying the cost of keeping it open could be crippling.Strike threat over Royal Mail plan to close pension schemeThe CourierStrike threat after Royal …
Read More »Strike threat over Royal Mail plan to close pension scheme – The Courier
BBC News Strike threat over Royal Mail plan to close pension schemeThe CourierPostal workers across Tayside and Fife could strike over plans to change their pension scheme. Every Royal Mail depot across the region could close amid fears some workers would lose between £10,000 and £20,000 from their pension pots …
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