A Royal Mail delivery vehicle drives along a road near Mount Pleasant, in London, Britain, June 25, 2020. REUTERS/John Sibley Register now for FREE unlimited access to Reuters.com Register Shares down 2% Holding company to be renamed International Distributions Services Plc Executives say ready to talk over pay July 20 …
Read More »Royal Mail workers vote for major UK summer strike
LONDON, July 19 (Reuters) – More than 115,000 postal workers at Royal Mail (RMG.L) have voted to strike over pay, trade union CWU said on Tuesday, putting them on course for what could be the biggest industrial action to hit Britain this summer. Rising inflation and stagnant real wage growth …
Read More »UK’s Unite union suspends three day strike at Royal Mail
A Royal Mail delivery vehicle drives along a road near Mount Pleasant, in London, Britain, June 25, 2020. Picture taken June 25, 2020. REUTERS/John Sibley/File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, July 18 (Reuters) – Workers at Britain’s Royal Mail suspended plans to hold a …
Read More »Royal Mail urges UK regulator to rethink no-parcel-tracking rule
The logo of Royal Mail is seen outside the Mount Pleasant Sorting Office as a delivery vehicle arrives, in London, Britain, June 25, 2020. REUTERS/John Sibley/ Register now for FREE unlimited access to Reuters.com Register July 18 (Reuters) – UK’s Royal Mail (RMG.L) on Monday urged regulator Ofcom to reconsider …
Read More »British postal workers, train station staff vote to strike
LONDON, June 29 (Reuters) – British postal workers and train station staff have voted in favour of strike action, their trade unions said on Wednesday, as workers across the economy grapple with employers as surging inflation bites. The Unite union said around 2,400 managers across 1,000 Royal Mail (RMG.L) delivery …
Read More »Britain’s rail strike and the struggle against war: Bring down the Johnson government!
Rail workers in the UK will walk out again Thursday for the second of three days of national strike action. This is no ordinary industrial dispute. Prime Minister Boris Johnson and his government of political gangsters want to emulate Margaret Thatcher’s targeting of the miners in 1984-85, which ended in …
Read More »UK union ballots workers over Royal Mail pay award
A Royal Mail delivery vehicle drives along a road near Mount Pleasant, in London, Britain, June 25, 2020. REUTERS/John Sibley Register now for FREE unlimited access to Reuters.com Register LONDON, June 21 (Reuters) – Britain’s Communications Workers Union said on Tuesday that it was serving notice for a national ballot …
Read More »UK rail strikes announced: workers demand action in “summer of discontent”
The Rail Maritime and Transport union has announced that 50,000 of its members will strike on June 21, 23 and 25, bringing much of Britain’s rail network to a standstill. On the first day of strikes, 40,000 workers from Network Rail and the train operating companies will be joined by …
Read More »No Jubilee celebration for FTSE 100 dropouts Royal Mail and ITV
June 1 (Reuters) – Royal Mail (RMG.L) and broadcaster ITV (ITV.L) will lose their spots on Britain’s benchmark FTSE 100 (.FTSE) equity index after their respective valuations plunged this year. British Gas owner Centrica (CNA.L) and UK student housing provider Unite Group (UTG.L) will replace them when the next quarterly …
Read More »Short sellers bet against UK retail stocks
Cineworld Group, the world’s second-largest cinema chain, was the most shorted UK listed company. Some 8.2% of its stock was held short by five investment firms, with New Holland Capital LLC holding the largest short position with 2.42% of the company’s shares. ASOS PLC, Dixons Carphone PLC and BOOHOO.com were …
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