(Reuters) – Royal Mail (RMG.L) Executive Chairman Keith Williams said on Thursday the COVID-19 pandemic has accelerated the need for a change at its UK business by three to four years as customers demand more parcels and fewer letters. In a brief interview with Reuters following the company’s financial results, …
Read More »Royal Mail’s CWU members vote in favour of strike action
March 17 (Reuters) – Royal Mail, one of the world’s oldest postal services, said on Tuesday it was “disappointed” that 94.5% of its workers with Communication Workers Union (CWU) voted in favour of a strike action. The union members’ move to strike comes a few weeks after Royal Mail’s proposed …
Read More »UPDATE 1-Royal Mail proposes higher pay deal to appease largest union
(Adds details on proposal, background, share move) Feb 20 (Reuters) – Britain’s Royal Mail has proposed a 6% pay rise as part of a three-year deal with the Communication Workers Union (CWU), as the former postal monopoly looks to appease its largest union following threats of another strike ballot. Shares …
Read More »Royal Mail proposes three-year pay deal to union
(Reuters) – Britain’s Royal Mail (RMG.L) has proposed a three-year pay deal to the Communication Workers Union (CWU) and wants to have detailed talks with its largest union, the company said on Twitter on Friday. FILE PHOTO: A Royal Mail postal worker stands in the yard of a sorting office …
Read More »Royal Mail tweets pay proposal to union as transformation plan lags
(Reuters) – Royal Mail (RMG.L) put forward a proposal with a three-year pay deal to Communication Workers Union (CWU) on Friday, saying in its message delivered on Twitter that it wanted to have detailed talks with its largest union. FILE PHOTO: Royal Mail vans parked in the Leytonstone post office …
Read More »Royal Mail’s Christmas parcels hurt by labor unrest, warns of challenges
LONDON (Reuters) – UK’s Royal Mail (RMG.L) said on Thursday its outlook for the next fiscal year is “challenging” and the threat of a labor strike in late 2019 hurt parcel revenue growth during the Christmas period as customers opted to use other carriers. FILE PHOTO: A Royal Mail van …
Read More »Royal Mail affirms FY targets, sees first quarter in line with view
July 18 (Reuters) – Royal Mail Plc said on Thursday its performance in the first quarter was in line with its expectations and re-affirmed its annual forecast in a short statement ahead of its annual general meeting. The former British postal monopoly had said in May it would expand its …
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