[ad_1] Ask any one of the dwindling bulls on International Distributions Services what is the attraction of remaining invested in the beleaguered stock and they will point to GLS, the highly profitable international parcels delivery business. The trouble with unlocking any of that value? Royal Mail, the problem child that represents about half of the…
[ad_1] After several sweeteners, the company has made a “best and final” pay rise offer of 9pc over 18 months, a proposal that the CWU has predictably rejected, on the basis that it represents “a devastating blow” to the livelihood of its 115,000 members. In reality, it is nothing of the sort: it stands to…
[ad_1] The union representing Royal Mail’s frontline staff is on the verge on announcing new strike dates, Sky News understands, should a final push to end their long-running dispute fail. A Communication Workers Union (CWU) source said talks at the conciliation service Acas were scheduled for Thursday but fresh walkouts could be called the following…
[ad_1] Talks to resolve a long running row between Royal Mail workers over pay and conditions are close to collapse. © Getty Images Discussions are “precarious” and in their “last throes”, with the next 24-48 hours key to settling the dispute, a source close to the talks said. Load Error The Royal Mail board has…
[ad_1] Rising costs and fewer customers, coupled with Royal Mail issues, have forced the closure of a long-standing village post office. Since announcing that Barrowby Post Office will close at the end of April, postmistress Jennifer Pinner has been overwhelmed by kindness from the village community. Dozens of people have left kind messages and customers…
[ad_1] Royal Mail issued a threat to put its loss-making postal service into administration, it emerged on Tuesday, amid escalating talks with union chiefs. According to the Telegraph, the postal operator – part of the recently-renamed International Distributions Services – had warned unions that it could place the regulated part of its business into a…
[ad_1] Royal Mail bosses have considered putting its struggling postal business into administration as a long-running dispute with unions shows no sign of resolution, it emerged overnight. Negotiations between the company and the Communication Workers Union (CWU) are teetering on the edge of collapse, and it is thought insolvency may be the nuclear option for…
[ad_1] Prince Harry has claimed his teenage years were ‘largely deprived’ due to the publisher of the Daily Mail newspaper, calling the ‘unlawful actions’ of Associated Newspapers Limited (ANL) a ‘major betrayal’ of promises made to improve media conduct following the untimely death of his mother. Making a surprise appearance at the Royal Courts of…
[ad_1] Harry is one of seven people bringing claims against the publisher over denied allegations it carried out or commissioned illegal or unlawful information-gathering, along with Baroness Doreen Lawrence of Clarendon and Sir Elton John. The allegations include the hiring of private investigators to place listening devices inside cars, the “blagging” of private records and…
[ad_1] After a month-on-month decline during the first few weeks of 2023, the number of ransomware attacks tracked in the wild soared by 45% in February, largely driven by an increase in LockBit activity, according to proprietary data published today by NCC Group. NCC’s Global Threat Intelligence Team recorded 240 ransomware attacks in February, the…