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Tag Archives: Royal Mail

Royal Mail ponders break up as it loses £1m a day

It is threatening a break up of the business which can trace its history back to 1516. Postal workers, among the feted heroes of the Covid crisis, voted yesterday for industrial action after refusing a 5.5% pay rise. Today the business said it had lost £92 million in the quarter …

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Royal Mail PLC 1Q Revenue Down 11.5% Year on Year

By Kyle Morris Royal Mail PLC said Wednesday that its fiscal first-quarter group revenue fell 11.5% on year and that it was committed to reaching an agreement with a union after a ballot on strike action on Tuesday. The British letter-and-parcel courier said revenue for the three months ended June …

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Royal Mail staff vote to launch biggest strike of the summer

More than 115,000 Royal Mail workers have overwhelmingly voted for industrial action, marking the biggest strike of Britain’s “summer of discontent”.  Some 97.6pc of workers voted to walk out in a row over pay and working conditions. Turnout for the ballot was 77pc.  Union barons were accused of refusing to …

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Royal Mail workers vote to go on strike

R oyal Mail workers have voted overwhelmingly to strike in a dispute over pay, the Communication Workers Union have announced. A ballot of union members showed huge support for industrial action in protest at a 2% pay offer. A total of 97.6%, of those who voted, backed strikes, on a …

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