Tag: Royal Mail

Royal Mail unveils job losses under modernisation plans

Royal Mail unveils job losses under modernisation plans

The Royal Mail has today announced it will axe 1,700 jobs and close two mail centres in London under modernisation plans. The company has deemed the job losses necessary and come on top of the 1,700 jobs already lost this year. The latest job losses include 1,000 managers across the UK and come as the [...]

March 21, 2011 | 0 Comments More
3,000 Post Offices at risk of closure

3,000 Post Offices at risk of closure

The National Federation of Sub-Postmasters has today warned that 3,000 post offices are at risk of closure. According to George Thomson, the Federation’s general secretary, a ‘double squeeze’ of falling income from Post Office Limited, along with higher staff and utility bills means many post offices are struggling to keep their heads above water. Post [...]

April 27, 2010 | 0 Comments More
National Lottery owner Camelot sold

National Lottery owner Camelot sold

It has been announced that the National Lottery operator, Camelot, has been sold to a Canadian teachers’ pension fund in a deal valued at £389 million. The buyer, the Ontario Teachers’ Pension Plan - simply known as Teachers’ - has stakes in Northumbrian Water and Bristol and Birmingham airports. Teachers‘ beat off strong competition from [...]

March 26, 2010 | 0 Comments More
Government unveils financial plans for the Post Office

Government unveils financial plans for the Post Office

The Government has outlined plans for the Post Office to become a ‘people’s bank’ by offering financial products. The proposals, led by Business Secretary Lord Peter Mandelson, will create a ‘People’s Bank’, which will see Post Office outlets as the backbone of a new national bank. According to the Government, the plans will turn the [...]

December 2, 2009 | 0 Comments More
Royal Mail and CWU agree deal to avert further strike action

Royal Mail and CWU agree deal to avert further strike action

The planned postal strikes for today and Monday have been called off after the Royal Mail and the Communication Workers Union (CWU) agreed to continue talks but would halt any strike action until the New Year. Details of the agreement reached between both sides are due to be released today. According to TUC leader, Brendan [...]

November 6, 2009 | 0 Comments More
Postal strike continues for second day

Postal strike continues for second day

The second wave of postal strikes started at 0400 BST today. Almost 80,000 delivery and collection staff will walk out for a 24-hour period and follows the walkout yesterday of 42,000 mail centre staff and drivers. The Communication Workers Union (CWU) said it had no choice but to announce the series of strikes after it [...]

October 23, 2009 | 0 Comments More
Royal Mail in talks to avoid strike action

Royal Mail in talks to avoid strike action

Royal Mail is in talks with the Communication Workers Union (CWU) in a bid to avoid the planned national postal strikes this week. However, according to a report by Sky News, Royal Mail said it will call in conciliation service Acas to try to resolve its industrial dispute if unions agree to call off the [...]

October 19, 2009 | 0 Comments More
National postal strike dates are announced

National postal strike dates are announced

The Communication Workers Union (CWU) has today confirmed the dates for the national postal strike. Two 24-hour nationwide postal strikes will start on Thursday 22 October with around 42,000 centre staff and drivers on strike. On Friday 23 October, almost 80,000 delivery and collection staff will walk out for a 24-hour period. The CWU said [...]

October 15, 2009 | 0 Comments More