The problem is that the USO can only be scrapped with Parliament’s say-so and it is refusing to play ball, business minister Kevin Hollinrake has announced. “As you will be aware, we currently have no plans to change the minimum requirements of the universal postal service,” he said in a …
Read More »
The Labour MP has built up something of a following on the Left for his perceived skewering of company bosses during his time overseeing the business select committee but the impression was that he had already made up his mind about the Royal Mail chief. This was reinforced by the …
Read More »
Battle royal to lift growth, says ALEX BRUMMER: In spite of the resilience of services sector, there is industrial and economic disruption everywhere you look Growth is proving heavy lifting against a background of double-digit inflation Using tax cuts as a quick fix to encourage expansion is not enough What …
Read More »
Margaret Thatcher famously left the Royal Mail out of her privatisation sights in the 1980s. She felt its monarchical connections and distinguished history going back to the creation of Master of the Posts in 1516 gave it a unique position. It had been in public ownership since 1635 and possessed …
Read More »
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 »
Royal Mail may now have a fancy new structure at the top, with the creation of International Distributions Service (IDS), but its difficulties remain the same. It has a large, radicalised union workforce deeply resistant to changing working practices. In contrast to the railways, which do have a future irrespective …
Read More »
The snail mail industry has experienced a tough couple of decades. And the company is hardly rolling in money. It is expected to report a full-year loss of between £350m and £450m this year, and the share price has fallen by 27pc over the last 12 months. It faces plenty …
Read More »
MBPFL McReynolds Cup Belfast Celtic 0-1 Coagh United BELFAST Celtic lost out this weekend in Round Two of the McReynolds Cup and will surely be disappointed after their performance against a fired and ready Coagh United at Glen Road Heights. The Tyrone men were organised from the start and the …
Read More »
A BELFAST construction company – which is one of the largest in the North – has been targeted in a sophisticated cyberattack by the same group which recently targeted Royal Mail. Lagan Specialist Contracting Group (SCG), who are based in Belfast’s Titanic Quarter, confirmed they had been targeted by a …
Read More »
IMPACT: Jim McCafferty, sub-postmaster at Kennedy Centre Post Office, explained the difficulties a ransomware attack on Royal Mail has had on Post Offices A RUSSIAN ransomware attack on Royal Mail is continuing to have a detrimental impact on the postal service – almost a month after it first hit. The cyberattack …
Read More »