Tag Archives: Royal Mail

July 1 (Reuters) – Britain’s Royal Mail and its largest labour union have agreed to start talks to resolve an ongoing dispute over a range of issues including pay and operational changes, the former postal monopoly said on Wednesday. The talks with the Communication Workers Union (CWU) will also focus …

* Talks to focus on 5 key areas including operational change * CWU welcomes Royal Mail’s statement * Talks come after former CEO Rico Back resigned (Adds CWU comments) By Yadarisa Shabong July 1 (Reuters) – Royal Mail and its largest labour union have agreed to start talks to settle …

Royal Mail (LON:RMG) had its target price cut by stock analysts at Credit Suisse Group from GBX 95 ($1.17) to GBX 94 ($1.16) in a note issued to investors on Tuesday, ThisIsMoney.Co.Uk reports. The brokerage presently has an “underperform” rating on the stock. Credit Suisse Group’s price objective would suggest …

  Royal Mail workers in the UK face jobs massacre By Paul Lee 30 June 2020 Royal Mail has announced that 2,000 managers will be made redundant shortly. The restructuring that was promised after the previous CEO Rico Back was sacked has now begun. The cull in management is in …

Royal Mail PLC (LON:RMG) insider Stuart Simpson sold 19,354 shares of Royal Mail stock in a transaction dated Friday, June 26th. The shares were sold at an average price of GBX 158 ($2.01), for a total value of £30,579.32 ($38,919.84). Stuart Simpson also recently made the following trade(s): On Monday, …

National property developer Godwin Developments has bought one of Nottingham’s former Royal Mail sorting office. The business said it has ambitious plans to demolish the existing building and transform it into a large mixed-use residential development. The building fronts onto Brook Street and Bath Street where it overlooks St. Mary’s …

Royal Mail is all set to cut 2000 management jobs amid its struggle to battle the coronavirus pandemic. The British postal services company, established back in 1516, is now looking to sack one-fifth of the company’s management employees aiming to save £130m in costs. The coronavirus pandemic has taken a …

Cornwall’s most famous rock star is being celebrated on a set of special stamps. Roger Taylor is featured in his rock star pomp on stamps issued to celebrate Queen, the group in which he has been the drummer for decades. The stamps, which also feature images of some of their …

Royal Mail has come under fire for a mix-up involving its Cheltenham delivery office. The Swindon Road site’s customer service point has changed its opening hours because of the coronavirus pandemic. It has greatly reduced the time it is open. Whereas before the crisis it was open seven days a …

Postal deliveries have been reinstated at a flats complex – after a mix-up left residents without their mail. Deliveries had continued at Reginald Mitchell Court, in Hanley, throughout the coronavirus pandemic with post left in the building’s reception. But that unexpectedly changed earlier this week to trigger complaints from residents. …