After a torrid 12 months for International Distributions Services marred by a bitter industrial dispute and ballooning losses, analysts at one of the City’s top stockbrokers believe investors should start buying shares in the owner of Royal Mail. Shares in the FTSE 250 group, which also owns GLS, the overseas …
Read More »Wrongfully convicted Post Office workers offered £600,000 compensation after Horizon scandal
The Government says Post Office workers wrongfully convicted for theft and false accounting will be offered £600,000 each in compensation. More than 700 postmasters were given convictions after money appeared to be missing from their sites, something later attributed to the now discredited Horizon IT system. For those postmasters whose …
Read More »MARKET REPORT: Traders upbeat on Ocado after robot wars victory
MARKET REPORT: Traders upbeat on Ocado after robot wars victory By John Abiona Updated: 17:01 EDT, 18 September 2023 Ocado shot up the FTSE 100 index as the City remained upbeat over its prospects. Ahead of the blue-chip online supermarket’s quarterly results today, Jefferies raised its target price on the stock …
Read More »ArrowXL inks strategic partnership deal with Scurri
Two-person delivery specialist ArrowXL and delivery management platform Scurri have forged a strategic partnership which will allow retailers on the Scurri platform to deliver bulky and larger size online orders across the country. ArrowXL makes over two million deliveries on average each year, providing delivery coverage to 98% of …
Read More »Royal Mail workers speak in run-up to next Postal Workers Rank-and-File Committee meeting: “It is good to see opposition to this sellout.”
In the run-up to the next Postal Workers Rank-and-File Committee (PWRFC) meeting this Sunday, workers at Royal Mail have continued to make their opposition felt to the betrayal inflicted by the Communication Workers Union (CWU) against their year-long struggle. They recounted how the Business Recovery, Transformation and Growth (BRTG) Agreement …
Read More »Kate surprised by inflating lifejacket during Royal Navy air base visit
Kate, who is Commodore-in-Chief of the Fleet Air Arm, erupted in laughter as she was being shown around Royal Naval Air Station (RNAS) Yeovilton in Somerset – one of the busiest military airfields in the UK. During the visit, the princess spent time in the air traffic control tower and …
Read More »Kate Middleton wows royal fans as she ‘gracefully’ disembarks a helicopter stylishly – in HEELS!
Royal fans have taken to social media to praise Kate Middleton’s poise after the royal was filmed disembarking a helicopter gracefully – in heels. Footage was shared from a visit the Princess of Wales, 41, made to a Royal Navy air base today. The mother-of-three, who is commodore-in-chief of the Fleet …
Read More »Royal Mail’s owner finally given a stamp of approval
After a torrid 12 months for International Distributions Services marred by a bitter industrial dispute and ballooning losses, analysts at one of the City’s top stockbrokers believe investors should start buying shares in the owner of Royal Mail. Shares in the FTSE 250 group, which also owns GLS, the overseas …
Read More »HR Magazine – Scottish postman loses accent discrimination tribunal
A Scottish postman was not racially discriminated against by an English colleague who repeatedly told him he couldn’t understand what he was saying, an employment tribunal has ruled. The postman, Peter McCalam, brought a claim of racial discrimination against Royal Mail following a meeting with his manager, Alan Wiggs, …
Read More »Southend Airport Vulcan bombs down runway for last time in 2023
The Vulcan Restoration Trust, who lovingly care for the ex-Royal Air Force XL426 jet, held their Summer Taxi-Run 2023 event on Saturday. Turnout – people gathering at the perimeter fence outside St Laurence and All Saints Church, in Aviation Way, to witness the jet bombing down the runway (Image: Simon …
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