Royal Mail redundancy announcement leaves union furious

Unions have reacted with fury as Royal Mail says it will seek to make 6,000 redundancies by next year. The postal service was privatised in 2011 and posted net profits of over £600m in 2021. The Communication Workers Union (CWU) announced on Thursday that its members would take part in …

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Thousands of Jobs at Royal Mail Under Threat: The London Rush

(Bloomberg) — Chancellor Kwasi Kwarteng told broadcasters yesterday he is “not going anywhere.” Then, just hours later, he was going home, on a flight back to London amid reports Downing Street was preparing what could prove to be the mother of all U-turns. Amid the political drama, don’t ignore the real pain in the …

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