Royal Mail union moves to ballot on strike action

23 June 2022 Transport / Logistics Services Royal Mail’s posties’ trade union the Communications Workers Union (CWU) has moved to ballot its members over a national mail strike. More than 115,000 postal workers will have the opportunity to vote on whether to walk out in the coming weeks after the CWU …

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Royal Mail Share Price Could Crash to 245p Soon

The Royal Mail share price has been in a strong freefall as the company’s demand weakens and demand for its goods and services retreats. As a result, RMG slipped to a multi-month low of 258p, which was about 51% below the highest point in 2021.  Royal Mail Group performed well …

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Collective pensions: there’s little protection in the crowd

Defined benefit pensions, where an employer guarantees a pension for life, are almost extinct in the private sector. Defined contribution schemes, where people draw a pension from their individual pot and take their own investment and longevity risk, are now standard. Some people claim “collective defined contribution” (CDC) pensions are …

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