Royal Mail’s main trade union is consulting with industry and legal experts after the company threatened workers with administration and warned that further planned strikes will put their job security at risk and make a recent three-year pay offer “unaffordable”. The postal group, which is part of International Distributions Services PLC …
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People in Britain have more confidence in the EU than the UK parliament, reversing a state of affairs that has lasted for more than 30 years, research reveals. Since the UK voted for Brexit, the proportion of people declaring confidence in parliament has slumped by 10 percentage points to 22% …
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Photo by Central Press/Getty Images Royal Mail is holding a board meeting today (29 March) that may seal its fate. Yesterday the company told the Communication Workers Union, which represents 115,000 postal workers, that it has 48 hours to accept a below-inflation pay offer and job cuts equivalent to 10,000 …
Read More »Ask any one of the dwindling bulls on International Distributions Services what is the attraction of remaining invested in the beleaguered stock and they will point to GLS, the highly profitable international parcels delivery business. The trouble with unlocking any of that value? Royal Mail, the problem child that represents …
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After several sweeteners, the company has made a “best and final” pay rise offer of 9pc over 18 months, a proposal that the CWU has predictably rejected, on the basis that it represents “a devastating blow” to the livelihood of its 115,000 members. In reality, it is nothing of the …
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The union representing Royal Mail’s frontline staff is on the verge on announcing new strike dates, Sky News understands, should a final push to end their long-running dispute fail. A Communication Workers Union (CWU) source said talks at the conciliation service Acas were scheduled for Thursday but fresh walkouts could …
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Talks to resolve a long running row between Royal Mail workers over pay and conditions are close to collapse. © Getty Images Discussions are “precarious” and in their “last throes”, with the next 24-48 hours key to settling the dispute, a source close to the talks said. Load Error The …
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Rising costs and fewer customers, coupled with Royal Mail issues, have forced the closure of a long-standing village post office. Since announcing that Barrowby Post Office will close at the end of April, postmistress Jennifer Pinner has been overwhelmed by kindness from the village community. Dozens of people have left …
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Royal Mail issued a threat to put its loss-making postal service into administration, it emerged on Tuesday, amid escalating talks with union chiefs. According to the Telegraph, the postal operator – part of the recently-renamed International Distributions Services – had warned unions that it could place the regulated part of …
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Royal Mail bosses have considered putting its struggling postal business into administration as a long-running dispute with unions shows no sign of resolution, it emerged overnight. Negotiations between the company and the Communication Workers Union (CWU) are teetering on the edge of collapse, and it is thought insolvency may be …
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