Ask any one of the dwindling bulls on International Distributions Services what is the attraction of remaining invested in the beleaguered stock and they will point to GLS, the highly profitable international parcels delivery business. The trouble with unlocking any of that value? Royal Mail, the problem child that represents …
Read More »Royal Mail workers are living in a 1970s dream world
After several sweeteners, the company has made a “best and final” pay rise offer of 9pc over 18 months, a proposal that the CWU has predictably rejected, on the basis that it represents “a devastating blow” to the livelihood of its 115,000 members. In reality, it is nothing of the …
Read More »New Royal Mail strike dates loom if last ditch talks on pay and change fail | Business News
The union representing Royal Mail’s frontline staff is on the verge on announcing new strike dates, Sky News understands, should a final push to end their long-running dispute fail. A Communication Workers Union (CWU) source said talks at the conciliation service Acas were scheduled for Thursday but fresh walkouts could …
Read More »Royal Mail talks over pay on brink of collapse
Talks to resolve a long running row between Royal Mail workers over pay and conditions are close to collapse. © Getty Images Discussions are “precarious” and in their “last throes”, with the next 24-48 hours key to settling the dispute, a source close to the talks said. Load Error The …
Read More »‘Deep sadness’ as Barrowby Post Office to close for good
Rising costs and fewer customers, coupled with Royal Mail issues, have forced the closure of a long-standing village post office. Since announcing that Barrowby Post Office will close at the end of April, postmistress Jennifer Pinner has been overwhelmed by kindness from the village community. Dozens of people have left …
Read More »Royal Mail threatens to put postal service into administration
Royal Mail issued a threat to put its loss-making postal service into administration, it emerged on Tuesday, amid escalating talks with union chiefs. According to the Telegraph, the postal operator – part of the recently-renamed International Distributions Services – had warned unions that it could place the regulated part of …
Read More »Royal Mail bosses consider nuclear option of administration for postal arm
Royal Mail bosses have considered putting its struggling postal business into administration as a long-running dispute with unions shows no sign of resolution, it emerged overnight. Negotiations between the company and the Communication Workers Union (CWU) are teetering on the edge of collapse, and it is thought insolvency may be …
Read More »Royal Family: Prince Harry ‘deprived of teenage years due to Daily Mail publisher’
Prince Harry has claimed his teenage years were ‘largely deprived’ due to the publisher of the Daily Mail newspaper, calling the ‘unlawful actions’ of Associated Newspapers Limited (ANL) a ‘major betrayal’ of promises made to improve media conduct following the untimely death of his mother. Making a surprise appearance at …
Read More »Harry concerned by ‘unchecked power’ of Daily Mail publisher – court statement
Harry is one of seven people bringing claims against the publisher over denied allegations it carried out or commissioned illegal or unlawful information-gathering, along with Baroness Doreen Lawrence of Clarendon and Sir Elton John. The allegations include the hiring of private investigators to place listening devices inside cars, the “blagging” …
Read More »Ransomware attacks up 45% in February, LockBit responsible
After a month-on-month decline during the first few weeks of 2023, the number of ransomware attacks tracked in the wild soared by 45% in February, largely driven by an increase in LockBit activity, according to proprietary data published today by NCC Group. NCC’s Global Threat Intelligence Team recorded 240 ransomware …
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