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Royal Mail workers have voted in favour of strike action, the Communication Workers Union (CWU) confirmed this afternoon. Over 80,000 Royal Mail workers took to the ballot, with 97.6 per cent voting in favour of action on a 77 per cent turnout. The announcement means that Royal Mail now faces the biggest strike of the summer, with [...]
Royal Mail has urged Ofcom to rethink its decision to block the company from tracking packages under the Universal Service Obligation (USO) rules as strike action and delivery pressures loom.
Royal Mail chairman Keith Williams has said unions can't expect a no-string pay deal "where nothing changes", as the company tries to balance dwindling productivity alongside rising union tension.
Over 2,000 Royal Mail managers will strike later this month as the battle over job and pay cuts continue to haunt the company. The Unite trade union said this afternoon that industrial action would immediately impact the postal and parcel service in the UK, with strikes set to take place between 20 July to 22 [...]
The union representing staff at Royal Mail have said they will hold a ballot that could lead to even more strike action over pay, adding to the rail and tube mayhem seen this week.
The boss of Royal Mail has said he will keep costs “under review” as the firm struggles to balance the cost of living crunch with rising union action. Speaking to Sky News earlier today, Simon Thompson explained that his team was “not immune” to the cost of living crunch, acknowledging the Communication Workers’ Union (CWU) threats of [...]
Ofcom has launched an inquiry into Royal Mail's failure to meet targets in the past year just as the postal service comes under attack from unions.
Delivery managers at Royal Mail will be balloted for strike action, with union bosses warning there could be parcel delivery chaos this summer. Postal workers are unhappy with plans to slash some 524 frontline delivery manager roles, with Unite the union declaring there would be a ballot. Some 2,400 managers will decide on whether to [...]
Royal Mail is under fire from angry Brits for reportedly charging incorrect Brexit import fees on deliveries from the European Union. The mail giant wrongly slapped fees on items customers already own. One man was charged around £200 for a pair of glasses to be sent back from a hotel in Spain, according to a [...]
Cineworld Group, the world’s second-largest cinema chain, is currently the most shorted UK listed company, according to the most up-to-date London Stock Exchange data. Some 8.2 per cent of its stock was held short by five investment firms, with New Holland Capital LLC holding the largest short position with 2.4 per cent of the company’s [...]
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