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Royal Mail's red herrings
Financial Times Pilot fish have received a battering from Lord Myners, a City grandee commissioned by the government to investigate the underpricing of the Royal Mail flotation. These lead investors, whose number included Lazard Asset Management and Schroders, were … |
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[ad_1] The embattled boss of Royal Mail has been accused by MPs of overseeing a “systemic” and “knowing” policy to avoid the company’s obligation to deliver letters to every address in Britain six days a week. Simon Thompson said he did not recognise reports of alleged verbal briefings given by Royal Mail managers to staff…
The Independent Royal Mail shares rally as profits more than double in first results as …The IndependentOverall Royal Mail's pre-tax profits hit £1.6 billion for the year to October but, stripping out the windfall from new pension accounting, profits jumped from £94 million last year to £233 million. Revenues inched up 2% to £4.5 billion,…
[ad_1] Post Offices across the South West are facing potential closure as part of a major restructuring that could lead to around 1,000 job losses. The Post Office has announced plans to shut 115 directly-owned branches from its extensive network of 11,500, with the possibility of them being handed over to retail partners or postmasters,…
[ad_1] Johnny Depp swapped ‘joke’ texts with British actor Paul Bettany about setting Amber Heard on fire and ‘f***ing her burnt corpse afterwards to make sure she’s dead’ or drowning his ‘witch’ ex-wife, a court heard today. The 57-year-old actor was cross examined on the stand by The Sun’s lawyer and asked about the series of…
[ad_1] Postal workers have contacted the World Socialist Web Site to share their views in response to last week’s article, “Royal Mail’s new regime: PDAs used to sack workers for tea break at local pub.” Six workers remain sacked from Prenton DO in the Wirral. Eleven posties were initially suspended for taking their legally entitled…
Direct mail'still an effective marketing channel'Experian QAS Data Quality News (UK)It was revealed last week that UK Mail – one of Royal Mail's biggest competitors – has seen its profits increase as a result of a resurgence in direct …and more » More: continued here