Royal Mail Royal Mail has asked the Government for an early move to cut its letter service to five days a week as it unveiled hefty losses after a hit from crippling strike action. Boss Simon Thompson vowed to do “whatever it takes” to turn the group around after half-year …
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Royal Mail Royal Mail has asked the Government for an early move to cut its letter service to five days a week as it unveiled hefty losses after a hit from crippling strike action. Boss Simon Thompson vowed to do “whatever it takes” to turn the group around after half-year …
Read More »Royal Mail has plunged to a first-half loss of more than £200m blaming the financial impact of ongoing strike action, a fall in the number of parcel deliveries and inability to restructure the business while at loggerheads with unions. The postal service, which is in talks with the Communications Workers …
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An estimated £70m impact from strike action at Royal Mail is being blamed for plunging its parent firm into the red during the first half of its financial year. International Distributions Services, which includes its GLS global delivery division, reported pre-tax losses of £127m for the 26 weeks to 25 …
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Royal Mail’s parent company International Distributions Services has today reported a first-half loss of £57m as higher costs and disruptions arising from strikes by its postal workers put a strain on its finances. The former British postal monopoly recently changed the name of its holding company from Royal Mail Plc. …
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Postal workers have accused Royal Mail bosses of “gross mismanagement”, as talks aimed at resolving a national dispute continue and strikes in the Christmas build-up look set to go ahead. Dave Ward, general secretary of the Communication Workers Union (CWU), accused the Royal Mail Group chief executive Simon Thompson and …
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LONDON, Nov 16 (Reuters) – Talks between Britain’s Royal Mail and the Communication Workers Union (CWU) aimed at averting strike action in the run-up to Christmas have been extended, the company said on Wednesday. The CWU, which represents more than 115,000 postal workers at Royal Mail, has said workers will …
Read More »Christmas postal strikes are looming as the Communication Workers Union accuses Royal Mail of ‘gross mismanagement’. It was announced on Wednesday that talks would continue to avert proposed industrial action, which is scheduled to begin on November 24. The privatised service is offering a 9 per cent pay increase over …
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For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Talks aimed at resolving a long-running row at Royal Mail over pay, jobs and conditions are continuing to allow more time for a …
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T alks aimed at resolving a long-running row at Royal Mail over pay, jobs and conditions are continuing to allow more time for a deal, it was announced on Wednesday. Members of the Communication Workers Union (CWU) have taken strike action in recent months and are due to walk out …
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