A bitter dispute with its workers threatens to undermine the need for rapid change to stave off terminal decline As she prepared to leave Royal Mail, chief executive Moya Greene took a final meeting with Terry Pullinger, the union boss who had been a constant thorn in her side. It …
Read More »U.K. Court of Appeal upholds injunction against Royal Mail strike ballot
Royal Mail PLC said Thursday that the Communication Workers Union’s request to the U.K. Court of Appeal to overturn an interim injunction was unsuccessful. Earlier this month, the High Court ruled a postal ballot of Royal Mail …
Read More »it is a painful lesson for us, but we must bite the bullet and sell Royal Mail
Questor Income Portfolio: the company admits that it could make a loss next year and everything now depends on the success of its belated – and risky – restructuring Questor’s decision in December 2016 to tip Royal Mail has not proved to be our finest hour. To start with all went well: …
Read More »International Express Service Market 2019 Size, Development Strategy, Analysis, Opportunity Assessment, Key Players and Trends by Forecast 2026 SF Express, BancoPosta, DHL, FedEx, UPS, Royal Mail, ZTO Express, Japan Post Group, China Post
International Express Service Market 2019 Size, Development Strategy, Analysis, Opportunity Assessment, Key Players and Trends by Forecast 2026 SF Express, BancoPosta, DHL, FedEx, UPS, Royal Mail, ZTO Express, Japan Post Group, China Post – Market Expert24 Source link
Read More »Labour set to smash own borrowing rules with £58bn pension spree
Labour has already blown apart its own spending rules with a £58bn pledge to compensate women hit by a rising pension age, a leading think tank warns today. The Conservatives also have the “thinnest of margins” as they seek to meet their own fiscal pledges unveiled less than a month ago, …
Read More »City investors urge UK’s top firms to pay workers living wage | Society
Influential City investors have written to the chief executives of companies including Royal Mail, British Airways and JD Sports urging them to pay their workers a real living wage. The letter calls on businesses to seek accreditation from the Living Wage Foundation, which makes sure companies pay employees and contractors …
Read More »Labour, Tories Dig up Old Attack Lines in Bid for UK Power
Labour's platform involves six pounds of new spending for every one promised by the Tories and includes nationalizing broadband, the Royal Mail, … Source link
Read More »After years of excess in privatised utilities, of course Labour wants to renationalise | Business
We knew that Labour’s manifesto would be nationalisation-heavy but there were still late surprises. Openreach, BT’s broadband division, was added to the list in the final stages. And, more quietly, the big six household suppliers of gas and electricity were included within reforms for the energy sector; previously only the …
Read More »Labour wants to nationalise the big six. Why, exactly, is unclear | Business
Another day, another nationalisation proposal from Labour. Now the plan is to bring the supply arms of the big six energy firms under public ownership. We’re talking here about the retail units of EDF Energy, Centrica (meaning British Gas), Npower, E.ON, ScottishPower and SSE, businesses that supply gas and electricity …
Read More »investors vow to fight Corbyn’s plans to seize British businesses
Furious investors are preparing to fight Jeremy Corbyn’s plans to seize swathes of British businesses, arguing his nationalisation spree would be a “blatant breach of human rights” that could trigger a wave of lawsuits. Shareholders and lawyers believe the proposals could breach international treaties and Brussels rules over state aid, and intend to fight them through …
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