Feb 3 (Reuters) – Britain’s Royal Mail said on Wednesday 91.5% of the eligible members of its largest union had voted in favour of a framework agreement over pay and operational changes. The company said in December it had reached a deal with the Communication Workers Union over the changes, …
Read More »Holiday retail workers seek “temporary lifeline” in warehouse jobs, if they can find one
(Reuters) – This time of year, hundreds of thousands of seasonal retail workers across North America and Europe would usually be wrapping gifts, stirring hot chocolates, tidying Christmas displays or assisting the flurry of last-minute shoppers. FILE PHOTO: A worker gathers items for delivery from the warehouse floor at Amazon’s …
Read More »UPDATE 2-Royal Mail raises revenue estimate as online shopping surges
* Royal Mail raises annual revenue estimate * Shares up 7% at near two-year high * H1 above initial expectations in many areas (Adds background on restructuring, labour dispute, shares) Nov 19 (Reuters) – Royal Mail raised its full-year revenue outlook on Thursday, as it benefited from a surge in …
Read More »PRESS DIGEST-British Business – Oct. 26
Oct 26 (Reuters) – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times – UK special forces troopers stormed an oil tanker off the Isle of Wight on Sunday night and …
Read More »Tasty cuts workforce by a third, mulls equity raising as outlets reopen
Wildwood restaurant chain owner Tasty said on Tuesday it would open around 86% of its estate this month having cut its workforce by more than 30%, as it considered an equity raising and warned of a “challenging” market. The firm said it remained “extremely cautious” regarding trading in September and …
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