Written assurance that LNER will end the custom would most likely be sufficient for the union to enter negotiations. A commitment to bring driver numbers up to required levels could form the basis for a long-term agreement. Royal Mail’s plan to halt postal train operations by October 10 after almost 200 …
Read More »Hungry snails force closure of postbox
A postbox in a remote part of Northumberland has been closed because of snails crawling through the flap and eating the mail. The Royal Mail box in Adderstone has been out of use since last month thanks to a hungry snail family. A sign on the front of the red …
Read More »Post Office’s head of postmasters makes abrupt exit in wake of Horizon scandal
Another top executive is leaving the Post Office as the embattled business prepares for the final stage of the Horizon inquiry. Staff were told on Wednesday that Martin Roberts, group chief retail officer at the taxpayer-owned organisation, will leave on Aug 2. He has been in post since Feb 2022 …
Read More »Evri to create 9,000 jobs in battle with Royal Mail
The parcel delivery business Evri is to hire 9,000 extra workers in a race to take on Royal Mail, just days after agreeing to be taken over by a giant buyout fund. Evri said it planned to take on 8,000 more delivery drivers and 1,000 more workers amid exploding demand …
Read More »Why Britain’s F-35s could be consigned to the scrap heap
Yet defenders of the F-35 say it is a highly capable aircraft that is proving doubters wrong, with orders flooding in from Nato countries such as Germany, Canada, Finland, Switzerland, the Czech Republic and Greece in recent years. Deployments of F-35s in Syria against Islamic State and on Eastern Europe’s …
Read More »Stellantis considers selling Maserati as orders go into reverse
Meanwhile the wider Stellantis group said profits have halved, sending shares in the world’s fourth-biggest carmaker down by 10pc. Sales fell heavily in the US and Europe and the company said it was considering cutting prices in order to boost demand. Mr Tavares called the figures “disappointing and humbling”, but …
Read More »Royal Mail faces assault from US fund with £2.7bn takeover of rival Evri
Apollo and Evri expect the deal to complete later this year. The announcement comes after weeks of speculation over the future of Evri. Advent International, another American buyout fund, put the company up for sale earlier this year. The auction has attracted a series of suitors including rival delivery company …
Read More »Billionaire Le Pen-backer stripped of broadcasting licence over ‘fake news’
Opposition politicians had mounted a campaign to strip C8 and its sister station, CNews, of their licences over “disinformation, racism, sexism, inciting hatred and failure to respect pluralism”. Arcom said its decision on licences was made in “the interest of each project for the public with regard to the priority …
Read More »HSBC faces backlash from LGB Alliance after promoting Stonewall ranking
HSBC and Linklaters have faced a backlash from activists after cheering their places at the top of an equality leaderboard run by the controversial charity Stonewall. Ian Stuart, the UK boss of Europe’s biggest bank, was criticised by Kate Harris, LGB Alliance co-founder, after he wrote on social media that …
Read More »How Royal Mail is poised to create the Amazon of Europe
Kretinsky’s ambitious plans have been backed up by a fevered acquisition spree that has accelerated since 2018, when the tycoon began to diversify his business away from energy. This week, Fnac tabled a €249m (£210m) offer to buy Italy’s Unieuro in a deal that would create a major new player …
Read More »