Royal Mail’s embattled boss resigns following long-running dispute with workers that plunged company into crisis Simon Thompson, who has been in charge for two years, will leave in October Firm in ‘advanced stages’ of appointing a replacement, it said By Calum Muirhead For The Daily Mail Published: 16:50 EDT, 12 …
Read More »Royal Mail CEO Simon Thompson to step-down
Royal Mail CEO Simon Thompson to step-down following bitter dispute with Communication Workers Union Dispute raged for nearly a year before an agreement was met last month Thompson resigns after a controversial two-year tenure at Royal Mail By Mike Sheen For This Is Money Published: 07:08 EDT, 12 May 2023 …
Read More »National Express changes its corporate name to ‘Mobico’
National Express rebrands as ‘Mobico’ as transport group becomes the latest firm to ditch its well-known name National Express to rename to Mobico from next month; ticker will be ‘MCG’ The new name ‘better reflects the group’s international nature’, it said It follows similar moves by Royal Mail and Standard …
Read More »Royal Mail chief Simon Thompson set to step down within weeks
Royal Mail chief set to step down within weeks as firm looks to resolve long-running industrial dispute By Calum Muirhead For The Daily Mail Published: 16:55 EDT, 9 May 2023 | Updated: 16:55 EDT, 9 May 2023 Simon Thompson’s departure from Royal Mail may be the only way to draw …
Read More »Babcock warns on hit from Royal Navy frigate contract
Babcock warns on £100m hit from Royal Navy frigate contract costs as inflation bites defence engineer In an update Babcock said it was seeking to claw back the extra costs involved The first ship, HMS Venturer, is expected to be completed in December this year By Jane Denton For Thisismoney …
Read More »Hut chief Matt Moulding in fresh social media tirade over market woes
Matt Moulding has made no secret of his frustration since The Hut Group listed on the stock market in London three years ago – on one occasion saying the experience ‘just sucked from start to finish’. The beleaguered entrepreneur was at it again this week on social media, with another …
Read More »Royal Mail boss could be ‘let go quietly’ after deal with unions
Royal Mail boss could be ‘let go quietly’ within months after delivery group strikes deal with unions By Calum Muirhead For The Daily Mail Published: 16:51 EDT, 17 April 2023 | Updated: 16:51 EDT, 17 April 2023 Royal Mail’s beleaguered boss could be gone within months after the delivery group …
Read More »Royal Mail directors in crisis talks amid threat of fresh walkouts
Royal Mail directors in crisis talks as trades union leaders look set to call for fresh walkouts By Calum Muirhead For The Daily Mail Published: 16:52 EDT, 29 March 2023 | Updated: 16:52 EDT, 29 March 2023 Royal Mail bosses were locked in crisis talks yesterday as trades union leaders …
Read More »Will the Czech Sphinx launch a bid for Royal Mail?
Will the Czech Sphinx launch a bid for Royal Mail? Tycoon ups his stake in parent group IDS but losses mount as disputes drag on By Calum Muirhead For The Daily Mail Published: 16:51 EDT, 27 March 2023 | Updated: 17:53 EDT, 27 March 2023 Royal Mail’s biggest shareholder has …
Read More »Pressure mounting on Royal Mail chief Simon Thompson after he is slammed by MPs and regulators
Pressure mounting on Royal Mail chief Simon Thompson after he is slammed by MPs and regulators By Calum Muirhead For The Daily Mail Published: 17:51 EDT, 16 March 2023 | Updated: 17:51 EDT, 16 March 2023 The future of Royal Mail boss Simon Thompson is in doubt after he was …
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