Communication Workers Union (CWU) leaders Dave Ward and Martin Walsh issued a statement Wednesday calling on postal workers to get behind their “engagement plan” and establish a “favourable outcome” in Royal Mail’s takeover by billionaire Daniel Kretinsky. Ward and Walsh described the £3.5 billion takeover by Kretinsky’s EP Group in …
Read More »Royal Mail threatens to hike stamp prices again after £120m Budget hit | Bristol Live
Royal Mail has signalled potential further increases in stamp prices following a £120million national insurance impact from the recent Budget. Martin Seidenberg, the chief of Royal Mail’s owning company, has also not dismissed the possibility of additional job cuts due to the rising costs. “We are looking at all areas …
Read More »Big business is cynically exploiting Reeves’s tax bombshell
Management gets extra points too for announcing the ploy just as many households begin to think about writing this year’s batch of Christmas cards. According to a recent analysis by The Telegraph, a first-class stamp is now so expensive that it would be cheaper to fly to some European cities …
Read More »Former Plymouth Royal Mail rep who died on holiday named by coroner
An inquest has been opened into the death of a Plymouth man who died while on holiday in Germany. The passing of 64-year-old Peter Cullen was recorded at a public hearing on November 18 by area coroner Alison Longhorn at Exeter County Hall, now the main coroner’s court for Devon, …
Read More »Royal Mail threatens more stamp price rises after £120 million Budget hit
Royal Mail’s top brass has signalled potential further stamp price increases following a £120million National Insurance escalation as a result of the Budget. Martin Seidenberg, the head honcho of the postal behemoth’s parent company, has not dismissed additional job cuts due to the rising expenses. “We are looking at all …
Read More »Royal Mail issues stamp warning and ‘looking at’ new rules for UK households
Royal Mail has warned stamp prices will rise AGAIN due to a £120 million hit from the Labour Party Budget. The boss of the postal service told reporters this morning that he could not rule out hiking stamp prices even higher. It comes as it faced the enormous burden of …
Read More »Royal Mail owner IDS warns of cost pressures after return to profit
By Yadarisa Shabong (Reuters) -The parent firm of Britain’s Royal Mail warned of a worsening cost environment following last month’s budget and said it could not rule out price hikes and higher automation as it looks to cut costs after returning to a first-half profit. International Distribution Services, which owns …
Read More »Royal Mail warns of price rises after £120m hit from Reeves’s tax raid
Royal Mail said it was on track to return to profit for the full year once the cost of redundancies is removed from its balance sheet. However, bosses warned that reform to Royal Mail’s universal service obligations, which include a requirement to deliver letters six days a week, was even …
Read More »Royal Mail warns of price rises after £120m hit from Reeves’s tax raid
Royal Mail has warned it will have to raise prices after taking a £120m hit from Rachel Reeves’s Budget tax raid. The postal company said the Chancellor’s decision to raise employer National Insurance contributions (NICs) will have a disproportionate impact on the company given it has 130,000 workers. Bosses said …
Read More »This is his first-class hour: Royal Mail issues stamps to mark 150th anniversary Winston Churchill’s birth
By DAILY MAIL REPORTER Published: 19:02 EST, 19 November 2024 | Updated: 19:28 EST, 19 November 2024 Royal Mail is issuing a set of eight stamps to mark the 150th anniversary of the birth of Sir Winston Churchill. The stamps celebrate the life and legacy of Churchill, from his years …
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