The chief executive of Royal Mail is preparing to step down amid a row over deliveries and after a year-long clash with workers over pay. Simon Thompson, who has spent two years at the helm of Royal Mail, is expected to step down within weeks, according to Sky News. During …
Read More »British shops in Canada see demand for King Charles goods, despite royal drama
Rita and Carl Hulme stand with King Charles merchandise at Blimeys British Store and Gift Shop in Essex, Ont., on April 16.Nicole OSBORNE/The Canadian Press When Queen Elizabeth died in September, Carl Hulme happened to be in England – the perfect spot to scoop up commemorative fine bone china, tea …
Read More »Pension details could have been stolen in major cyber hack, regulator fears
Hundreds of pension schemes have been ordered to check whether their data was stolen by cyber criminals during a major hack of Britain’s biggest outsourcer. In the latest twist following a serious cyber attack on Capita, The Pensions Regulator said it had told schemes that use the company as an …
Read More »British entrepreneur behind Royal Parks gardening business set for £40m payday
A British entrepreneur behind an eco-friendly landscaping business that counts the Royal Parks among its customers is in line for a £40m payday. Peter Fane, 60, owns 21pc of Nurture Landscaping Group, which has just secured investment from private equity firm All Seas Capital in a deal valuing the business …
Read More »Flood of businesses quit CBI as scandal deepens
A spokesman said: “The CBI shares the shock and revulsion at the events that have taken place in our organisation, and at past failures that allowed these events to happen. We are deeply sorry and express our profound regret to the women who have endured these horrific experiences. “We have …
Read More »Royal Mail and union agree deal after row over pay, jobs and conditions
Royal Mail and the CWU have been in discussions for almost a year over the biggest overhaul of working practices since the business was privatised under David Cameron in 2013. The company has said it is losing £1 million a day, with strike action by the CWU costing £200 million …
Read More »Global economy faces weakest growth in 30 years, warns IMF
House price growth was at its weakest annually since October 2019, according to lender Halifax. It said the average sale price stood at £287,880 last month, with was 0.8pc up on February but only a 1.6pc annual gain. It comes as rival lender Nationwide said house prices have fallen by …
Read More »More strikes loom as Royal Mail union CWU rejects pay rise and bonus
Royal Mail strike talks have collapsed after union leaders rejected a 10pc pay rise plus a bonus of up to £1,500. In an announcement that raises the spectre of a fresh wave of postal strikes, Royal Mail said it was “deeply concerned” that talks had failed to reach an agreement. …
Read More »Royal Mail workers are living in a 1970s dream world
After several sweeteners, the company has made a “best and final” pay rise offer of 9pc over 18 months, a proposal that the CWU has predictably rejected, on the basis that it represents “a devastating blow” to the livelihood of its 115,000 members. In reality, it is nothing of the …
Read More »‘Deep sadness’ as Barrowby Post Office to close for good
Rising costs and fewer customers, coupled with Royal Mail issues, have forced the closure of a long-standing village post office. Since announcing that Barrowby Post Office will close at the end of April, postmistress Jennifer Pinner has been overwhelmed by kindness from the village community. Dozens of people have left …
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