Postal workers at Britain’s Royal Mail will strike for six days in the run-up to the busy Christmas period in an ongoing dispute over pay and conditions, their union said on Thursday. The workers will strike on Dec. 23 and 24, in addition to Dec. 9, 11, 14 and 15, …
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Royal Mail are fighting for survival and feel stopping their Saturday service can cut costs – but the government say there are “no current plans” to change the six-day deliveries Video Loading Video Unavailable The video will auto-play soon8Cancel Play now Royal Mail: Thousands of postal workers strike over pay …
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Operating costs haven’t budged More strikes planned for November The parent company of Royal Mail has blamed weak parcel volumes, strike action and faltering productivity for a hefty operating loss, and has repeated plans to cut 5,000 full-time roles by next spring. Revenue at International Distributions Services (IDS) only decreased …
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Royal Mail has asked the Government for an early move to cut its letter service to five days a week after unveiling an approximately £219million loss bosses say was worsened by strike action. The postal service is looking to switch from a six-days-a-week letter delivery service to five, covering Monday to …
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Royal Mail has slumped to a first-half loss and reiterated warnings it will tumble deeper into the red for the full-year after strike action cost it around £100 million. Owner International Distributions Services (IDS) said Royal Mail fell to a £219 million underlying operating loss in the 26 weeks to …
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STAMP DEADLINE EXTENDED: The ban on certain stamps will start six months later than planned (Image by Matt Cardy/Getty Images) Reporting by Katie Harris The ban on ‘old’ stamps without a barcode is being pushed back until the summer. Royal Mail is rolling out new versions of stamps with machine-readable …
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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 taking a financial hit from strike action. Boss Simon Thompson vowed to do “whatever it takes” to turn the group around after half-year results …
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© Reuters. By Scott Kanowsky Investing.com — Britain’s Royal Mail has posted a half-year adjusted operating loss of £219 million (£1 = $1.1903), matching a warning issued in October, as the more than 500-year-old business faces the impact from strikes and weak parcel volumes. The delivery service also confirmed a prior …
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Royal Mail has asked the UK government for an early move to cut its letter service to five days a week after strike action saw it rack up hefty first-half losses. Chief executive Simon Thompson vowed to do “whatever it takes” to turn the group around after interim results showed …
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Royal Mail owner International Distributions Systems swung to a half-year loss, blaming weak parcel volumes and strikes at the UK postal carrier, and also axed its interim dividend. Reported pre-tax losses came in at £127m, compared with a profit of £315m a year earlier. The company also said it would …
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