[ad_1] The cost-cutting move comes as UK sales fell 11.5 per cent in the three months to the end of June 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…
[ad_1] The Communication Workers Union (CWU) has expertly trolled Royal Mail after the company’s workers vote to take strike action. Yesterday, postal service workers at Royal Mail voted in a ballot to take strike action in a dispute over pay. The vote comes not long after rail workers with the RMT Union undertook three days…
[ad_1] Postal vans at a Royal Mail sorting office burst into flames and caused plumes of smoke to billow into the air above a Welsh town. The incident happened shortly before 9pm on Wednesday night at a sorting office in the Pensarn area of Carmarthen. Smoke could be seen for miles around as flames engulfed…
[ad_1] Bosses at Royal Mail say they are set to scrap Saturday deliveries. Chairman Keith Williams said dropping Saturdays was something being thought about in a recent interview. He said the company is losing “£1million per day and the efficiency improvements which are needed for long-term success have stalled”. Asked if Saturdays were to be…
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[ad_1] ‘) } // –> Royal Mail Group is considering separating its UK Royal Mail business from its GLS business. ‘) } // –> [ad_2] Source link
[ad_1] 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 the business free and…
[ad_1] 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 of June for an…
[ad_1] 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 underlying earnings outlook for…
[ad_1] 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 time the regulator had…