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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20 July 2022, 13:05 Royal Mail workers have voted in favour of a strike. Picture: Alamy When is the postal strike happening? Royal Mail workers threaten their biggest strike ever this summer which could cause huge postal disruption across the country. Royal Mail workers are in talks to do their …
Read More »The boss of Royal Mail has said that disputes with unions over pay have stalled transformation plans. The warning comes after the company posted a slump in sales and told shareholders that weaker parcel demand and “stalled” cost savings will weigh on its outlook for the year. With bosses saying …
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Terry Pullinger, Deputy General Secretary of CWU (Communication Workers Union) slammed the Conservative Government for not tackling the issue of inflation in the British economy. Mr Pullinger claimed the Government was not doing enough to help workers in the UK. The General Secretary then went on to savage Kieth Williams …
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A postman delivering mail The boss of Royal Mail has said disputes with unions over job cuts and pay have stalled transformation plans but stressed the company is still open to talks with unions. The warning came as the firm posted a slump in sales and told shareholders that weaker …
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Royal Mail has warned union bosses preparing to strike that the business could be split in two as its British arm loses £1m a day. The former FTSE 100 company warned the Communication Workers Union (CWU), whose 115,000 members yesterday voted in favour of strike action, that its UK and …
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Royal Mail is losing £1m a day, its chairman has revealed. The business reported an adjusted operating loss of £92m between April and June – the first financial quarter. Chairman Keith Williams blamed the slump on a decline in parcel volumes and a lack of progress in “delivering efficiencies”. Mr …
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The UK is set for delivery chaos as Royal Mail workers voted in favour of strike action in the coming weeks. A pay dispute is at the heart of the strike, which if not settled, will cause disruption to delivery over the summer. Approximately 115,000 Royal Mail postal work voted …
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Wednesday 20 July 2022 at 14:40 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 …
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