* Parcel volume up 38%, letters drop 33% * Says restructuring plans underway * Reiterates outlook for 2020-21 (Rewrites throughout, adds detail, shares) By Yadarisa Shabong and Pushkala Aripaka July 21 (Reuters) – Britain’s Royal Mail said its parcel shipments rose 38% in April-June as lockdowns drove a surge in …
Read More »UPDATE 1-Royal Mail ships more parcels as sales move online in lockdown
(Adds details on volumes, context) July 21 (Reuters) – Britain’s Royal Mail said on Tuesday it had shipped 117 million more parcels in the June-ended quarter than last year, as people and businesses shifted to online sales during the coronavirus-led lockdown. The company has had a turbulent few years with …
Read More »Royal Mail, CWU agree to start talks to resolve ongoing dispute
July 1 (Reuters) – Britain’s Royal Mail and its largest labour union have agreed to start talks to resolve an ongoing dispute over a range of issues including pay and operational changes, the former postal monopoly said on Wednesday. The talks with the Communication Workers Union (CWU) will also focus …
Read More »UPDATE 2-Royal Mail to kick off labour talks with union in bid to reconcile
* Talks to focus on 5 key areas including operational change * CWU welcomes Royal Mail’s statement * Talks come after former CEO Rico Back resigned (Adds CWU comments) By Yadarisa Shabong July 1 (Reuters) – Royal Mail and its largest labour union have agreed to start talks to settle …
Read More »PRESS DIGEST-British Business – June 26
June 26 (Reuters) – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times – Huawei has won planning permission to build a new research hub in Cambridgeshire and announced it will …
Read More »Royal Mail says pandemic spurs need for change
(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 …
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