Britain's Royal Mail said rising parcel revenue and ongoing cost cuts helped the newly-privatised postal operator almost double its operating profit in the first half of the year. Reporting for the first time as a London listed company following the government's high-profile sale of a 60 percent stake, Royal Mail said on Wednesday operating profit after transformation costs had jumped to 283 …
More: continued here
BBC News New cabinet 'tested' on post planBBC News, UKPushing ahead with plans to part-privatise the Royal Mail is "the test" of Gordon Brown's reshuffled cabinet, says Tory frontbencher Ken Clarke. He said the next steps on the plans would show whether the government was capable of "big decisions". … More: continued here
[ad_1] The Postal Workers Rank-and-File Committee held a meeting Sunday, passing a resolution pledging a campaign against the sell-out deal agreed between the Communication Workers Union (CWU) and Royal Mail. The meeting was attended by postal workers from all grades within the Royal Mail Group (RMG). The resolution states: Organise to defeat CWU-Royal Mail agreement:…
LONDON – Britain’s new government plans to partially privatize the country’s struggling mail delivery service, Royal Mail. More: continued here
[ad_1] Ukraine’s President Volodymyr Zelenskiy awards employees of the Chornobyl Nuclear Power Plant who were under Russian captivity at the plant, during a joint news conference with International Atomic Energy Agency (IAEA) Director General Rafael Grossi (not pictured), as Russia’s attack on Ukraine continues, in Kyiv, Ukraine April 26, 2022. Picture: Reuters/Valentyn Ogirenko A look…
BOWLS (EBA): Big week for change at the top of tablesSpalding Today, UK –1 hour agoRoyal Mail Cart stretched their lead to 15 points with five matches to play (before last night's fixtures). It was the perfect riposte following their first … More: continued here
Scotland on Sunday Royal Mail faces strike action as profits rise expected to pose further …This is MoneyUnion bosses, who are due to meet on Monday, have until Wednesday to decide whether to go ahead with a strike over pay and terms, meaning the action could be announced on the same day that Royal Mail…