Tag Archives: thisismoney

Royal Mail chief set to step down within weeks as firm looks to resolve long-running industrial dispute By Calum Muirhead For The Daily Mail Published: 16:55 EDT, 9 May 2023 | Updated: 16:55 EDT, 9 May 2023 Simon Thompson’s departure from Royal Mail may be the only way to draw …

Battle royal to lift growth, says ALEX BRUMMER: In spite of the resilience of services sector, there is industrial and economic disruption everywhere you look Growth is proving heavy lifting against a background of double-digit inflation  Using tax cuts as a quick fix to encourage expansion is not enough  What …

Thousands of people will gather in London this weekend for the Coronation of King Charles, the first in 70 years.  This influx of people will be good news for businesses – many of which are pinning their hopes on a boost in sales over the long weekend after a tough …

Babcock warns on £100m hit from Royal Navy frigate contract costs as inflation bites defence engineer In an update Babcock said it was seeking to claw back the extra costs involved The first ship, HMS Venturer, is expected to be completed in December this year  By Jane Denton For Thisismoney …

Matt Moulding has made no secret of his frustration since The Hut Group listed on the stock market in London three years ago – on one occasion saying the experience ‘just sucked from start to finish’. The beleaguered entrepreneur was at it again this week on social media, with another …

Royal Mail boss could be ‘let go quietly’ within months after delivery group strikes deal with unions By Calum Muirhead For The Daily Mail Published: 16:51 EDT, 17 April 2023 | Updated: 16:51 EDT, 17 April 2023 Royal Mail’s beleaguered boss could be gone within months after the delivery group …

Royal Mail directors in crisis talks as trades union leaders look set to call for fresh walkouts By Calum Muirhead For The Daily Mail Published: 16:52 EDT, 29 March 2023 | Updated: 16:52 EDT, 29 March 2023 Royal Mail bosses were locked in crisis talks yesterday as trades union leaders …

Royal Mail may now have a fancy new structure at the top, with the creation of International Distributions Service (IDS), but its difficulties remain the same. It has a large, radicalised union workforce deeply resistant to changing working practices. In contrast to the railways, which do have a future irrespective …

Will the Czech Sphinx launch a bid for Royal Mail? Tycoon ups his stake in parent group IDS but losses mount as disputes drag on By Calum Muirhead For The Daily Mail Published: 16:51 EDT, 27 March 2023 | Updated: 17:53 EDT, 27 March 2023 Royal Mail’s biggest shareholder has …

Pressure mounting on Royal Mail chief Simon Thompson after he is slammed by MPs and regulators By Calum Muirhead For The Daily Mail Published: 17:51 EDT, 16 March 2023 | Updated: 17:51 EDT, 16 March 2023 The future of Royal Mail boss Simon Thompson is in doubt after he was …