Royal Mail’s parent firm has blamed the budget for a failure to return to profitability, warning it cannot rule out price hikes and job cuts in response. International Distribution Services (IDS) said it had set aside £134m in the first half of its financial year, with £120m directly linked to …
Read More »Crozier to check out of Premier Inn-owner Whitbread – MKFM 106.3FM
Whitbread, the FTSE-100 owner of the Premier Inn hotel chain, has kicked off the search for a successor to Adam Crozier, its chairman. Sky News has learnt that headhunters acting for Whitbread have begun sounding out possible candidates for the post. Mr Crozier, who has chaired the company since 2018, …
Read More »What are your rights when deliveries and returns don’t arrive – and what common act could see you lose them all? – MKFM 106.3FM
What are your rights if you’ve returned an item by post and the company says they never received it? Or if your delivery never turned up in the first place? Money blog reader Lee asked: “I purchased two pairs of shorts from Nike a year ago. I shortly after returned …
Read More »Key points from day one of Paula Vennells at Horizon inquiry as sub-postmaster victims and Royal Mail’s Dame Moya Greene alike don’t believe her account – MKFM 106.3FM
The account of the Post Office’s former chief executive about what she knew during key years of the firm’s scandal is not believed by the former CEO of Royal Mail, the inquiry into the injustice has heard. Paula Vennells has been giving evidence as part of a three-day appearance at …
Read More »Coronation Street and Emmerdale to face schedule changes next week
25 August 2023, 17:21 Dan is sentenced to eight years on Emmerdale Emmerdale and Coronation Street have been pulled from TV schedules. Emmerdale and Coronation Street are set to face schedule changes. Both soaps will be airing at different times next week, as well as being taken off air completely …
Read More »Royal Mail could face Ofcom fine for missing performance targets with too many slow deliveries – MKFM 106.3FM
Royal Mail is again being investigated by the communications regulator over its missed delivery targets. Ofcom announced the inquiry after Royal Mail said on Monday it did not meet its 2022 to 2023 quality of service targets. The targets require Royal Mail to deliver 93% of first-class mail within one …
Read More »Capita admits customer, supplier or colleague data may have been accessed by hackers – MKFM 106.3FM
Capita, the outsourcing specialist and government contractor, has revealed that customer, supplier or colleague data may have been accessed during a cyber attack in March. The company, which announced earlier this month that it had been targeted, said its investigations had identified that the attack on its systems first took …
Read More »Royal Mail and Communication Workers Union reach agreement on pay and employment terms – MKFM 106.3FM
Royal Mail and the Communication Workers Union (CWU) have reached an agreement in principle following a long-running dispute over pay and employment terms. In a joint statement with Royal Mail, CWU confirmed the agreement will now be considered by the executive of the union before it goes before the membership. …
Read More »‘They’ve got us by the b****’ – striking Royal Mail worker fears reprisals after Christmas – MKFM 106.3FM
A striking Royal Mail worker has voiced fears up to 25,000 staff could be sacked and new working conditions imposed on those left after the core Christmas season has finished. The man, who usually delivers letters and parcels in the London area and is being identified as ‘Derek’ because he …
Read More »Train services crippled by fresh strike, as Royal Mail staff walk out for second day – MKFM 106.3FM
Rail passengers have been urged to only travel if “absolutely necessary” today as members of four trade unions stage a 24-hour walkout. The latest strike by members of the Rail, Maritime and Transport union (RMT), Aslef, Unite and the Transport Salaried Staffs’ Association (TSSA) is expected to cause the worst …
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