[ad_1] Several members of staff at a delivery office in Chester have tested positive for coronavirus. Royal Mail have confirmed that a number of postal workers at the site on Station Road in Chester have contracted the virus – however the exact figure has not been revealed. While the sorting office will remain operational despite…
[ad_1] Thousands of people in Britain are set to lose their jobs after a raft of companies announced plans to reduce the size of their workforce. Businesses in all sectors are struggling with the impact of the coronavirus pandemic but retail and aerospace are being hit particularly hard. Many firms across the UK have fallen…
[ad_1] 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 on future strategy and…
[ad_1] * 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 a long-running dispute over…
[ad_1] 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 a potential downside of…
[ad_1] 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 anticipation of broader changes…
[ad_1] 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, June 15th, Stuart Simpson…
[ad_1] 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 Rest Garden. Godwin has…
[ad_1] 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 severe toll on the…
[ad_1] 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 most popular album covers…