Some Royal Mail managers are working dozens of hours of unpaid overtime every month, their trade union has claimed, amid a fight over staffing levels that could lead to strike action. The postal network is heading toward industrial strife this summer as Royal Mail battles with its unions. The Communication …
Read More »Royal Mail is no longer a short-term sell idea at Deutsche Bank
Diego Thomazini/iStock via Getty Images Deutsche Bank closed its Catalyst Call Sell Idea on Royal Mail (OTCPK:ROYMF). Analyst Andy Chu and team think that a number of catalysts that the firm identified have now played out, including difficult labor wage negotiations with the CWU union, with a deal yet to …
Read More »Royal Mail PLC no longer a sell, but not a buy either says Deutsche Bank
Royal Mail is no longer a sell for analysts at Deutsche Bank, though only because the share price has tanked since it went bearish. Deutsche Bank recommended selling the postal group on 6 April citing difficult labour negotiations with the CWU union, the likelihood of disappointing results, and a slowdown …
Read More »Government consults on helping savers understand pensions – Employee Benefits
The Department for Work and Pensions (DWP) has launched a consultation on how to help savers, improve member communications, guidance, and decumulation products in pension schemes. The consultation, titled Helping Savers Understand their Pension Choice, will explore what support pension schemes members need to help them make decisions about their …
Read More »Royal Mail blunders, Beach stadium and census record
Readers’ letters: Royal Mail blunders, Beach stadium and census record CalendarAn icon of a desk calendar.CancelAn icon of a circle with a diagonal line across.CaretAn icon of a block arrow pointing to the right.EmailAn icon of a paper envelope.FacebookAn icon of the Facebook “f” mark.GoogleAn icon of the Google “G” …
Read More »Royal Mail managers doing huge amount of unpaid overtime – Unite
Managers at the Royal Mail – currently being balloted for industrial action over threatened job losses – are working huge amounts of unpaid overtime, their union is claiming. Unite said a survey of 1,000 of its Royal Mail manager members showed they are giving the company almost 8,000 “free” hours …
Read More »Royal Mail workers to vote on strike action that could cripple post and parcel deliveries
Staff at Royal Mail could go on strike in the coming months which could severely impact postal and parcel deliveries as workers demand higher pay due to cost of living crisis Staff at Royal Mail could be set to go on strike in the coming months ( Image: Bloomberg via …
Read More »Royal Mail managers doing huge amount of unpaid overtime – Unite
Managers at the Royal Mail – currently being balloted for industrial action over threatened job losses – are working huge amounts of unpaid overtime, their union is claiming. Unite said a survey of 1,000 of its Royal Mail manager members showed they are giving the company almost 8,000 “free” hours …
Read More »Royal Mail boss says prices are ‘under review’ as firm faces union battle
Wednesday 15 June 2022 6:49 pm . (Photo by Graeme Robertson/Getty Images) The boss of Royal Mail has said he will keep costs “under review” as the firm struggles to balance the cost of living crunch with rising union action. Speaking to Sky News earlier today, Simon Thompson explained that his team …
Read More »Mum shocked to see posties ‘getting steamy’ in Royal Mail van
The pair appeared to be caught on camera ‘getting steamy’ (Picture: The Sun) Two Royal Mail workers appeared to be up to something suspect in a parked van – just minutes before delivering packages. Charlene Joyce, 39, said she caught the pair ‘getting steamy’ on camera in a busy Aldi …
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