Tag Archives: Economy

LONDON Alamy Photo Britain’s Royal Mail has “systemically failed” to meet its mail delivery requirement, lawmakers have said, calling upon regulator Ofcom to probe the postal operator. class=’cf’> “We believe that Royal Mail has systemically failed to deliver against parts of its universal service obligation,” read a report from the …

The Royal Canadian Mint says it’s temporarily laying off 56 employees at its Winnipeg facility. In a statement, the Mint says “prolonged effects of the pandemic and ongoing geopolitical instability” are disrupting global markets, which it says is limiting demand for coins it makes for other countries. It says it …

Industrial action and claims by a Royal Mail staff member of unworkable changes to rounds led to a chaotic postal service in the Bishop’s Stortford area over the Christmas holiday period. Residents reported Christmas cards arriving up to four weeks after they were sent and important letters failing to arrive …

There are already private ambulance services, and right now they are all expanding. One company, Met Medical, has been specifically offering its services during the strikes. A Guardian headline writer described that as “cashing in” on the strikes in outraged tones. The more moderate among us may view it simply …

(Undated)–Today (Monday) is a Federal and State holiday with government offices closed. Officials remind that when a holiday occurs on a Sunday, most banks and credit unions will be closed the following Monday. Since Christmas Day fell on a Sunday this year, most banks and credit unions are also closed …

The Scottish private sector has reported a deepening contraction in private sector output during November. The latest Royal Bank of Scotland Business Activity Index ticked down from 45.8 in October to 43.9 in November, signalling that fastest decrease in the current series of reduction that began in August. The index …

RIYADH — Saudi Arabia has ranked first in the labor force growth rate, outperforming other G20 countries, during the period 2012 – 2021, according to the labor market benchmarking report issued by the National Labor Observatory (NLO). This report keeps track of the international indicators issued by the International Labor …

London, United Kingdom: The UK’s recent austerity budget may avert a deeper recession, but the government must focus more on growth to improve the country’s long-term prospects, the Confederation of British Industry (CBI) will say Monday. The business lobby group’s director general, Tony Danker, will tell its annual conference that the government …

LONDON The Communication Workers Union in the U.K that said postal workers had voted overwhelmingly for more strikes this year and next, affecting deliveries in the run-up to Christmas and opening hours at post offices.   class=’cf’> The CWU said those in charge of Royal Mail, which employs delivery workers, …

Bosses at kitchenware brand ProCook have reported renewed trading momentum after a “challenging” summer. The Gloucestershire firm, which listed on the London Stock Exchange last year, said it generated £15.9m in revenue in the second quarter – a 9% dip on the same period last year, but up more than …