The executives of Royal Mail have reportedly considered the possibility of placing their struggling postal business into administration due to an ongoing dispute with the Communication Workers Union (CWU).
The executives of Royal Mail have reportedly considered the possibility of placing their struggling postal business into administration due to an ongoing dispute with the Communication Workers Union (CWU).
As Europe’s postal services develop, Britain and Germany are now outliers as Europe’s postal services evolve
Royal Mail suffered a loss of over £200m in its first half. This was due to ongoing strikes, a drop in parcel deliveries, and the inability to restructure while at
CMC Markets, Kainos, Premier Food, Virgin Money and Royal Mail are reporting on mid- and small-caps during the week.
The flurry of Royal Mail announcements Monday may have appeared coordinated to a more sceptical eye.
The company warned that striking Royal Mail workers could lose as much as £2,000 each if the company presses ahead with industrial actions in the coming weeks.
Royal Mail stated that it could have to reduce up to 10,000 jobs by August next year. This was due to strike action by workers and the continuing decline in
Royal Mail will take on the striking union. This is by dismantling a “groundbreaking agreement” to protect jobs, conditions and wages that was signed nine years ago when the company
Workers from nurses to barristers and dockers to posties across Britain are preparing for strikes.
Protests increase the likelihood of industrial action by port workers, exam staff and Royal Mail employees.
After 115,000 Royal Mail workers declared they would strike in less than a fortnight, Britain’s postal service is now paralysed with no delivery of letters or prescription medicines.