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Tag Archives: posties

High stakes for Royal Mail as posties walk out

Friday marks the first of four days of stoppages by 115,000 postal workers. For the Communication Workers Union it is a dispute about pay. The union has rejected a 5.5% offer from management and insisted that its members must be protected from the ravages of inflation. On first look that …

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FTSE 100 Live 18 November: Royal Mail special dividend after shopping boom, oil price falls on strategic petroleum reserve plan by US China

R oyal Mail is set to deliver a bonus to posties and other shareholders after half-year results today included a £200 million special dividend. Other beneficiaries will include multibillionaire Daniel Kretinsky, known as the Czech Sphinx, who has built a 15% stake in the company. Royal Mail’s latest figures show …

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Rees-Mogg turns down chance to back striking posties

TORY rightwinger Jacob Rees-Mogg declined an opportunity today to offer support to Britain’s postal workers. In a Commons session, Scottish Labour MP and former Parcelforce worker Hugh Gaffney asked Mr Rees-Mogg if he would “stand with the postal workers, who face a threat to their jobs, terms and conditions.” Mr Gaffney, who …

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