The Communication Workers Union (CWU), representing Royal Mail employees, has approved a three-year wage agreement, which will result in a 6% salary increase in 2023.
Postal arm of Royal Mail is being considered for administration as a last resort by the company’s executives.
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).
Perella Weinberg London Headquarters Searched in Insider Trading Probe
Perella Weinberg Partners LP London headquarters was searched as part of a German Insider Trading Investigation.
France will deliver letters only three days, while Royal Mail appeals for an end to six-day delivery
As Europe’s postal services develop, Britain and Germany are now outliers as Europe’s postal services evolve
Royal Mail: £219m loss due to strike action
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
Royal Mail deadlock threatens to wreck Christmas deliveries
The flurry of Royal Mail announcements Monday may have appeared coordinated to a more sceptical eye.
Royal Mail staff to lose £2,000 each if strikes go ahead Company warns workers
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.
Schlumberger, the oil giant, rebrands itself as “SLB” to promote a low-carbon future
Schlumberger, the world’s largest provider of oilfield services, has announced that it is changing its logo, name and colour scheme to reflect its commitment to a low-carbon future.
The US Supreme Court case could bring tech giants to their knees
It is time to reexamine the question of whether social media companies should be responsible to recommend content to users.
Schlumberger faces employee backlash in Russia over draft cooperation
According to internal documents and people familiar with the matter, Schlumberger’s Russian-based oilfield service company has begun to receive military draft notices via work. The company does not allow remote
Royal Mail to cut up to 10,000 jobs, blaming strikes and lower parcel volumes
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 could withdraw from key trade union agreement
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