[ad_1] Saturday postal deliveries are to be axed in a bid to cut costs as Royal Mail is losing £1 million per day, the chairman of the company has revealed. Speaking to the Today programme, Keith Williams CBE said the company is looking at ending Saturday letter deliveries, adding: ‘Our consumers are not looking for…
[ad_1] Royal Mail warned it could split up its business as it loses £1million a day amid a pay row with trade unions. The post carrier said a break-up was on the cards unless it achieved ‘significant operational change’, adding it was considering ‘all options’ for its future. The company is comprised of Royal Mail,…
[ad_1] 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 PLC to reflect the…
[ad_1] 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 June for an operating…
[ad_1] 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 biggest ever walk out…
[ad_1] 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 that the business lost…
[ad_1] 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 Chair of the Royal…
[ad_1] 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 parcel demand and “stalled”…
[ad_1] 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 overseas arms would be…
[ad_1] 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 Williams said: “The pandemic…