Tag Archives: postal service

Royal Mail shares stumbled on Thursday, as the postal delivery firm outlined its new restructuring plan that could cost 2,000 jobs. Royal Mail shares RMG, -12.23% dropped 10% as the company said it expects to be loss-making this year and not to pay a dividend. The job cut plan by …

Royal Mail has said it will increase the price of first-class and second-class stamps. The postal firm said the price of a first-class stamp would jump 6p to 76p and the price of a second-class stamp would rise 4p to 65p from 23 March. The company said the price increases …

Royal Mail’s first stamp issue of the new decade highlights landmark British video games. The postal service packs 12 iconic titles into a collection celebrating classic UK-designed games “that put the ‘joy’ in ‘joystick.’” Selected with the Association for UK Interactive Entertainment (UKIE), video game journalist Julian Rignall, and Bitmap …

A review commissioned by the U.K. government is proposing far-reaching changes to the country’s audit sector amid concerns about conflicts of interest, the quality of audits and the structure of the industry. The 135-page report by Donald Brydon —the former chairman of various British companies including London Stock Exchange Group …

Royal Mail workers have voted to strike over job insecurity and employment terms and conditions, raising fears there could be walkouts in the run-up to Christmas. Communication Workers Union (CWU) members backed industrial action by 97% in a turnout of almost 76%. The vote could potentially lead to the first …

More than 100,000 Royal Mail workers are expected to vote on whether to strike over grievances about job security, an alleged culture of bullying, and the terms and conditions of their employment. The Communication Workers Union (CWU) will begin balloting its members from 24 September unless an agreement can be …

In September 2019, Cargo Facts Consulting will publish a new report, the Global E-Commerce Logistics Outlook, to help companies craft their strategies towards a segment that has become increasingly important in logistics. This is the second of a series of articles leading up to the publication of the report that …

This summer, 66% of SME retailers in the United Kingdom expect an increase in sales, and 39% expect to see an increase in overseas sales, according to a June report from the U.K.’s Royal Mail postal service.   The retailers surveyed reported that increased demand for summer goods will push the anticipated spike, thanks to warmer weather and vacation season. …