Royal Mail parent International Distribution Services said on Thursday that it was still targeting an adjusted operating profit for the year, as it announced the appointment of Martin Seidenberg as its new chief executive officer. In an update for the three months to the end of June, the company said …
Read More »Royal Mail strike action ends as postal workers vote overwhelmingly to accept pay deal
11 July 2023, 19:15 | Updated: 11 July 2023, 19:20 Royal Mail workers vote to accept pay deal ending long-running strike action. Picture: LBC / Alamy Royal Mail workers have voted overwhelmingly to accept a new pay deal, averting further strike action as part of the long-running dispute. Over 67 …
Read More »Indian-origin employee wins ₹25 crore from UK’s Royal Mail over bullying claims | World News
An Indian-origin employee of UK’s Royal Mail who had claimed that she was bullied by her boss has won a compensation of £2.4 million (₹25 crore). Kam Jhuti had alleged that her boss intimidated and harassed her after she raised concerns that a colleague secured their bonus illegitimately. This is …
Read More »Prince Harry’s friends are reportedly ‘very hurt’ by his bombshells about the Royal Family
Harry and his “band of brothers” at his wedding to Meghan Markle. Photo / Netflix Prince Harry’s no-show at one of his closest friends’ weddings sheds light on the “sad situation” Prince Harry is in when it comes to his nearest and dearest back home, reports Daily Mail. “We don’t …
Read More »UK govt rejects Royal Mail move to axe Saturday deliveries
The government has blocked Royal Mail’s plans to axe Saturday letter deliveries, it was revealed on Thursday, which could see the price of stamps increase even further. Business minister Kevin Hollinrake confirmed the move in a letter to parliament’s cross-party Business select committee. Royal Mail, owned by International Distributions Services …
Read More »Royal Mail celebrates the 40th anniversary of Warhammer with 10 Special Stamps
Royal Mail today announces the launch of 10 Special Stamps being issued to celebrate the 40th anniversary of the internationally popular miniatures hobby, Warhammer. Six stamps in the main set depict characters from the worlds of Warhammer – Space Marines and Orks from Warhammer 40,000; Stormcast Eternals and Slaves to …
Read More »No mail delivery for today due to Memorial Day holiday, banks also closed | Local News
(Undated)–The U.S. Post Office is closed today (Monday) in observance of the Memorial Day holiday. There will be no regular mail delivery and no mail collection. Officials say that although there won’t be regular mail delivery today, Priority Mail Express is delivered 365 days a year and will be delivered …
Read More »Royal Mail slumps to loss of more than £1bn after year of strikes
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 …
Read More »Britain’s Royal Mail posts losses of 419 million pounds
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 …
Read More »Royal Mail chief steps down after bruising battle with unions
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 …
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