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‘) } // –> Royal Mail Group is considering separating its UK Royal Mail business from its GLS business. ‘) } // –> Source link
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This is a significant escalation in the company’s efforts to push through reform. It is the equivalent of holding the feet of workers to the flames, a message of defiance that says: “If you insist on standing in the way of change then we will set the best part of …
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Royal Mail is set to scrap Saturday post deliveries as the struggling company said it needed to “transform the way we work”. The cost-cutting move comes as bosses claim the firm is losing £1 million a day. UK sales fell 11.5 per cent in the three months to the end …
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Analysts at Berenberg lowered their target price on postal service operator Royal Mail from 575.0p to 480.0p on Thursday but reiterated their ‘buy’ rating on the stock. Berenberg said weaker parcel numbers and poor employee relations had hampered cost reductions for Royal Mail, leading the company to reduce its group …
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21 July 2022 Transport / Logistics Services Royal Mail has asked regulator Ofcom to reconsider its decision not to allow it to track packages under the Universal Service Obligation (USO). Ofcom had ruled that it could not allow tracking of parcels under USO as it would hurt competition. At the same …
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Saturday postal deliveries are to be axed in a bid to cut costs as Royal Mail is losing £1 million per day, the chairman of the company has revealed. Speaking to the Today programme, Keith Williams CBE said the company is looking at ending Saturday letter deliveries, adding: ‘Our consumers …
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Royal Mail warned it could split up its business as it loses £1million a day amid a pay row with trade unions. The post carrier said a break-up was on the cards unless it achieved ‘significant operational change’, adding it was considering ‘all options’ for its future. The company is …
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By Kyle Morris Royal Mail PLC said Wednesday that it will consider the separation of its namesake Royal Mail business and GLS if it can’t achieve significant operational change at Royal Mail in the U.K. The British letter-and-parcel courier said it will rename the holding company to International Distributions Services …
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ROYAL Mail is planning to scrap Saturday post deliveries in a cost-cutting move as bosses claim the firm is losing £1million a day. The struggling company said they need to “transform the way we work” with UK sales down 11.5 per cent in the three months to the end of …
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