A Royal Mail Spokesperson said: “We are very pleased Unite/CMA members have called off planned strike action from Wednesday 20 to Friday 22 July. “There were no grounds for industrial action. The extended consultation on our recent restructure concluded earlier this year, and the restructuring is complete. We committed to …
Read More »Royal Mail : rolls out new fully automated parcel sorting machine in Southampton
A new fully automated parcel sorting machine which can process 157,000 parcels per day has been installed by Royal Mail in Southampton. The parcel sorting machine – officially opened by Paul Holmes, MP for Eastleigh – is an intelligent system of conveyor belts and scanning technology that automatically sorts parcels …
Read More »Royal Mail : rolls out new fully automated parcel sorting machine in Tyneside Gateshead
A new fully automated parcel sorting machine which can process 180,000 parcels per day has been installed by Royal Mail in its Tyneside Mail centre. The machine – officially opened by Gateshead MP Ian Mearns – is an intelligent system of conveyor belts and scanning technology that automatically sorts parcels …
Read More »Royal Mail adds Canada freight strength with $287 million Rosenau deal
FILE PHOTO: The logo of Royal Mail is seen outside the Mount Pleasant Sorting Office as a delivery vehicle arrives, in London, Britain, June 25, 2020. REUTERS/John Sibley/File Photo (Corrects spelling of ‘Rosenau’ in headline) (Reuters) -Britain’s Royal Mail said on Friday its GLS parcel service would buy Rosenau Transport …
Read More »Hedge funds are betting against U.K. stocks — here’s why
The number of “short positions” taken by hedge funds against U.K. stocks has surged by 25% in the first five months of the year, as prominent U.K.-listed companies continue to be targeted in the aftermath of market turbulence generated by COVID-19. There were 1,569 short positions of at least 1% …
Read More »This market is a better bet than U.S. stocks in 2020, Barclays says
It may be a typically subdued day for stocks post-Thanksgiving, but escalating tensions between the U.S. and China over President Donald Trump’s support for Hong Kong have concerned investors. Trump signed two bills expressing support for human rights in the region on Thursday and U.S. futures are falling for a …
Read More »European stocks dip on China concerns
Reuters A Royal Mail postal worker stands in the yard of a sorting office in Altrincham, Britain. European stocks dropped on Thursday on concern the U.S. and China won’t imminently strike a trade deal. The Stoxx Europe 600 …
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