How will stamp price hikes impact Royal Mail shares?

Royal Mail parent, International Distrubtions Services, had a challenging 2022 with ongoing postal strikes and falling letter volumes. Now it is raising the cost of a first-class stamp to over £1, potentially further denting demand. – First class stamps priced above £1 could hit Royal Mail demand and share price. …

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Royal Mail, CWU agree to extend negotiations over pay

(Reuters) – Royal Mail and the Communications Workers Union (CWU) have agreed to extend talks in order to try and reach an agreement over pay and employment terms, the postal company and the CWU said in a joint statement on Monday. More than 110,000 postal workers at Royal Mail held …

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Postal workers left waiting as leaders seek compromise –

News Union officials have held back from strikes as workers’ anger grows at attacks on working conditions and threats to thousands of jobs, writes Nick Clark Downloading PDF. Please wait… Monday 13 March 2023 Issue 2846 Postal workers strike in Peckham, south London last year (Picture: Guy Smallman) Postal workers …

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Royal Mail, CWU agree to extend negotiations over pay

More than 110,000 postal workers at Royal Mail held several nation-wide strikes in 2022, joining a chorus of sectors in Britain — from teachers to nurses and rail workers — demanding higher pay to cope with elevated inflation. “Talks continued this weekend. Progress has been made in some areas and …

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