Deliverance from a bruising underperformance won’t come soon for shareholders in Royal Mail, or International Distributions Services as it will soon be known. A vote for strike action by postal workers makes the prospect of cost savings more remote and the top line has been hit by a fall in …
Read More »Mike Ashley’s Frasers Group delivers bumper profit surge
Frasers Group shrugs off demand squeeze and supply chain woes with expectations of bumper profits ahead Frasers Group has swung to a bumper profit for the past year, figures show Group hailed strong performance despite ‘significant increase in running costs Retailer said the cost of living crisis could hit its …
Read More »Why Harry and Meghan will be ‘APOPLECTIC’ over new book and what impact the drama could have on the Queen – watch our royal talk show Palace Confidential for the latest
To enjoy this content please ACCEPT cookies.Cookies are used to analyse traffic which we share with our analytics partners. Settings ACCEPT Tom Bower’s new biography of Meghan Markle will make the Duke and Duchess of Sussex furious, according to one royal expert. The Mail on Sunday’s Charlotte Griffiths says that …
Read More »Residently secures £4.5m ‘to bring renting into modern age’
PropTechInvestment Residently has secured £4.5 million of funding ‘to bring renting into the modern age’. By digitising the end-to-end customer experience in a $2 trillion market, Residently is aiming to streamline operations for property owners and renters, reducing costs and delays. There are currently over 5m rental homes in the …
Read More »Royal Mail – New Name, Same Old Problems
(MENAFN- ValueWalk) talhakhalil007 / Pixabay Weaker retail trends, fewer test kit deliveries and a structural decline in letters meant revenue fell 5.1% to £3.0bn in the first quarter. This reflected an 11.5% decline in Royal Mail PLC (LON:RMG) revenue which more than offset a 7.8% increase at GLS. With …
Read More »When NHS nurses, airlines, Royal Mail and teachers will strike
Unions representing millions of workers in the UK are seeing a greater willingness to strike, as the cost of living worsens and living standards drop at their sharpest rate since the 1950s. While wages stagnate and inflation soars, many workers have seen their wages cut in real terms, setting up …
Read More »Factbox-Which British workers are heading for industrial action?
– Britain faces a summer of disruption as workers across the economy struggling with the rising cost of living resort to strike action in disputes over pay and conditions. Below are some of the industries in which trade unions have undertaken or threatened strike action: RAILWAYS Much of Britain’s rail …
Read More »Factbox: Which British workers are heading for industrial action?
A person walks along a platform at Liverpool Street station, during heavily reduced rail services on the third day of national rail strikes, in London, Britain, June 23, 2022. REUTERS/Henry Nicholls Register now for FREE unlimited access to Reuters.com Register July 21 (Reuters) – Britain faces a summer of disruption …
Read More »Royal Mail says UK business losing one million pounds a day amid union clash
By Eva Mathews and Yadarisa Shabong (Reuters) – Royal Mail is losing one million pounds a day, the British post and parcel delivery firm said on Wednesday, as it struggles to cut costs as inflation-hit consumers cut back on online shopping and postal workers threaten to strike. While the pandemic …
Read More »Postal strike looms as Royal Mail workers back walkouts in pay and jobs row
LATE-summer strikes by 115,000 Royal Mail workers have moved a step closer after an overwhelming vote in favour of walkouts, threatening massive disruption to postal deliveries across the country reports Sky News. The Communication Workers Union (CWU) said 97.6% of members who voted backed strikes in a 77% turnout, threatening …
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