Royal Mail’s chief executive has earned £637,000 since she took up the job last July, with pension payments on top, compared to the near £2.5 million paid to her predecessor in his final year, the organisation revealed in its annual report. More: continued here
Read More »Royal Mail cuts more jobs as losses mount – The Guardian
Daily Mail Royal Mail cuts more jobs as losses mountThe GuardianRoyal Mail has seen a 22% drop in volumes of letters and parcels, putting thousands of more jobs at risk. Photograph Chris Ratcliffe/Rex Features Royal Mail has warned that it will be forced to cut up to 20000 more jobs …
Read More »Lower mail volumes hit Royal Mail
Royal Mail reports a sharp fall in profits, due to the decline in mail volumes and the cost of its modernisation programme. More: continued here
Read More »20,000 Royal Mail workers face the axe
Tens of thousands of Royal Mail workers face the threat of losing their job after the company reported a £120 million loss in its letters and parcels business following a huge slump in the number of people … More: continued here
Read More »Modernisation programme delays post – Southend Standard
Modernisation programme delays postSouthend StandardA MODERNISATION programme being rolled out by Royal Mail has been blamed for residents in Thorpe Bay getting their post delivered in the evening. Elaine Bridge, chairman and chief executive of Royal Mail said that a number of new delivery practices …and more » More: continued here
Read More »Royal Mail Wants Freedom To Raise Prices
Royal Mail Group has reported a big fall in profits, blaming constraints on its pricing. More: continued here
Read More »Royal Mail: Thousands face axe
ROYAL Mail chief says post operator is fighting for survival More: continued here
Read More »Future Of The USPS? Royal Mail Prepares Massive Layoff Of 20000 Postal Workers – Business Insider
Future Of The USPS? Royal Mail Prepares Massive Layoff Of 20000 Postal WorkersBusiness InsiderImage: AP Up to 20000 Royal Mail workers could lose their jobs after the organization posted an almost $200 million loss in delivery payments. This marks the worst year in almost a decade for the British postal …
Read More »Royal Mail’s woes continue
LONDON (SHARECAST) – Annual revenues and profits both fell at the Royal Mail Group , its annual report for 2010-11 revealed on Tuesday. More: continued here
Read More »UK postal service profits slump 78% before sale – AFP
BBC News UK postal service profits slump 78% before saleAFPLONDON — Britain's state-run postal service Royal Mail said on Tuesday that its annual profits have slumped more than 78 percent as the embattled company gears up for more job losses and privatisation. Royal Mail said operating profit slid to £39 …
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