BANGKOK (AP) — World shares slipped today as investors focused on surging new coronavirus cases in the U.S. that are dimming hopes for a relatively quick economic turnaround from the pandemic downturn. In early trading, Germany’s DAX lost 0.9%, while the CAC 40 in Paris tumbled 1.5% and London’s FTSE …
Read More »Royal Mail ‘does not yet know’ how 2,000 management job cuts will affect Northampton’s mail centre
Royal Mail has announced that around 2,000 management jobs will be made redundant. Royal Mail says it cannot yet clarify how Northampton’s mail centre will be affected by a cost-cutting plan that will make around 2,000 people redundant. The company announced today (June 25) that it needs to “urgently” save …
Read More »Major coronavirus developments on 25 June
Here’s what you need to know on 25 June. This article was updated at 5pm. Deaths: The number of people who have died across the UK after contracting coronavirus has risen by 149 in 24 hours. The UK death toll is now 43,230. Read more here. Crime: A convicted paedophile found guilty …
Read More »Royal Mail to axe 2,000 jobs to offset coronavirus losses
Around 2,000 management jobs at being axed at Royal Mail as it looks to slash costs in the face of the coronavirus crisis. The group said the job cuts come as part of a management overhaul under plans to save £330 million over the next two years. The cull will …
Read More »Royal Mail to cut 2000 management IT jobs coronavirus covid 19
25th June 2020 The latest important news and updates from across Gloucestershire as the coronavirus crisis continues. 25th June 2020 With 95 employees across Gloucestershire, the largest UK owned salvage and vehicle recycling company SYNETIQ has announced its intention to expand its Gloucester site. 25th June 2020 Artist’s impressions have …
Read More »Royal Mail delivery office in South Yorkshire closed after coronavirus outbreak
The Barnsley delivery office on Pitt Street was shut yesterday and Royal Mail said it would remain closed until tomorrow, Friday, June 26, as a ‘precautionary measure’. A Royal Mail spokesman said: “Royal Mail takes the health and safety of its colleagues, its customers and the local communities in which …
Read More »Coronavirus LIVE: Royal Mail to make 2,000 job losses in wake of Covid-19 crisis and Sheffield businesses prepare to reopen
Last updated: Thursday, 25 June, 2020, 15:01 Sheffield businesses are continuing to detail their plans for reopening next month South Yorkshire delivery office closed by Royal Mail following Covid-19 outbreak Royal Mail to make 2,000 job losses in wake of coronavirus crisis Shielding nan with ME sent ’threatening’ letter by …
Read More »Royal Mail shares slump as guidance and lack of dividend disappoint
Royal Mail shares stumbled on Thursday, as the postal delivery firm outlined its new restructuring plan that could cost 2,000 jobs. Royal Mail shares RMG, -12.23% dropped 10% as the company said it expects to be loss-making this year and not to pay a dividend. The job cut plan by …
Read More »Property developer acquires Nottingham’s former Royal Mail sorting office
Godwin Developments has acquired one of Nottingham’s most significant buildings – the former Royal Mail sorting office. The business has unveiled plans to demolish the existing building and transform it into a large mixed-use residential development. The building fronts onto Brook Street and Bath Street where it overlooks St. Mary’s …
Read More »London midday: Stocks pare losses; Royal Mail slides after job cuts announcement
London stocks had pared losses by midday on Thursday but remained just a touch lower amid growing concerns about a rise in new coronavirus infections in the US. The FTSE 100 was down 0.1% at 6,117.61. Joshua Mahony, senior market analyst at IG, said: “Early losses in Europe have been …
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