Tag Archives: Mail

Royal Mail has blamed strike action for helping send it slumping to a full-year loss of more than £1 billion. The group’s owner, International Distributions Services, revealed Royal Mail swung to an operating loss of £1.04 billion for the year to March 26, against earnings of £250 million the previous …

IDS, which includes Royal Mail UK and international operations GLS, reported a group adjusted operating loss of 71 million pounds for the year ended March 26, compared with a profit of 758 million pounds a year earlier. Analysts on average had expected a loss of 114 million pounds, according to …

Royal Mail chief executive Simon Thompson has quit after a bitter year-long dispute with the postal workers’ union, the company said on Friday. Thompson, who was in the top job for just over two years, last month finally reached a deal with the Communication Workers Union o pay and conditions …

Canada Post has unveiled a new stamp featuring King Charles III, marking the first time the freshly crowned sovereign has appeared on a Canadian stamp. The stamp, which features a black-and-white portrait of the King, was issued starting Monday, following the monarch’s coronation Saturday. It also comes as the federal …

(Alliance News) – International Distribution Services PLC said on Friday that an agreement had been reached between Royal Mail and the Communication Workers Union, which it said “represents a good outcome for customers, employees and shareholders.” The London-based postal and delivery holding company, which includes Royal Mail and GLS, said …

People in Britain have more confidence in the EU than the UK parliament, reversing a state of affairs that has lasted for more than 30 years, research reveals. Since the UK voted for Brexit, the proportion of people declaring confidence in parliament has slumped by 10 percentage points to 22% …

Royal Mail issued a threat to put its loss-making postal service into administration, it emerged on Tuesday, amid escalating talks with union chiefs. According to the Telegraph, the postal operator – part of the recently-renamed International Distributions Services – had warned unions that it could place the regulated part of …

Long-running talks between Royal Mail and the Communication Workers Union are on the brink of collapse, with the company’s board thought to have threatened to put the loss-making postal service – the regulated UK entity that delivers to every address in the country – into a form of administration if …

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 …

More than 110,000 postal workers at Royal Mail held several nation-wide strikes in 2022, joining a chorus of sectors in Britain — from teachers to nurses and rail workers — demanding higher pay to cope with elevated inflation. “Talks continued this weekend. Progress has been made in some areas and …