[ad_1] The owner of Royal Mail has said it remains on track to return to annual profit after a parcel boost over Christmas as its £3.6bn takeover by Czech billionaire Daniel Kretinsky nears completion. Royal Mail is onb track to be back in profit ( Image: © 2025 PA Media, All Rights Reserved) The owner…
[ad_1] The price of a first class stamp has rocketed from 60p to £1.65 since Royal Mail was privatised and could jump again Threat of new stamp price hike after £120m cost to Royal Mail of national insurance rise ( Image: ROYAL MAIL GROUP/AFP via Getty I) Royal Mail has threatened more stamp price hikes…
[ad_1] The group said while the consumer and economic backdrop was ‘uncertain’, it was confident of a marked improvement in underlying profits at the full-year stage The John Lewis Partnership has revealed sharply narrowed half-year losses ( Image: PA Wire/PA Images) The John Lewis Partnership has reported a significant reduction in half-year losses and anticipates…
[ad_1] The Postal Workers Rank-and-File Committee invites workers across delivery offices, mail centres, Parcelforce and Fleet to attend an online meeting on April 28 to discuss a fightback against Royal Mail’s assault on the USO and the jobs and conditions of postal workers. Royal Mail has unveiled plans to dismantle six-day letter deliveries, escalating the…
[ad_1] ROYAL MAIL has warned that up to 1,000 jobs could be axed under plans to scrap second-class letter deliveries on Saturdays. In its submission to a consultation on the future of the universal postal service (USO) by industry regulator Ofcom, the privatised company also proposes to cut the service to every other weekday. Royal…
[ad_1] Exclusive: Documents seen by the Daily Mirror reveal how the privatised postal giant is preparing to dish out perks to managers who are being tasked with overseeing large-scale redundancies and shift changes The Mirror revealed last week how Royal Mail had paid out £1.9billion to shareholders since privatisation ( Image: Anadolu Agency via Getty…
[ad_1] Exclusive: Royal Mail has dished out £1.9billion to shareholders since it was privatised in 2013 and chief executive Simon Thompson got a pay and perks deal worth £753,000 in its last financial year Daniel Kretinsky’s overall wealth is estimated at £3billion ( Image: AFP via Getty Images) Royal Mail has dished out £1.9billion to…
[ad_1] Around 700 Royal Mail management staff are set to lose their jobs as part of cost-cutting measures, the company has announced. The delivery firm said that the move will reduce costs by around £40 million a year and will start negotiations with trade unions over job losses in the coming days. It was also…
[ad_1] Jeremy Corbyn drew the battle lines for a crunch general election tonight as he bids to oust Boris Johnson from No10. The Labour leader rallied activists ahead of an expected autumn poll in a rousing speech to thousands of delegates in Brighton. Outlining the mounting need for a snap poll, Mr Corbyn told Labour…