IDS, which includes Royal Mail UK and international operations GLS, reported a group adjusted operating loss of 71 million pounds for the year ended March 26, compared with a profit of 758 million pounds a year earlier. Analysts on average had expected a loss of 114 million pounds, according to …
Read More »International Distribution says Royal Mail agrees deal with union
(Alliance News) – International Distribution Services PLC said on Friday that an agreement had been reached between Royal Mail and the Communication Workers Union, which it said “represents a good outcome for customers, employees and shareholders.” The London-based postal and delivery holding company, which includes Royal Mail and GLS, said …
Read More »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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