Royal Mail set to post this week after job cuts May 15, 2022 The City will be looking out for signs that Royal Mail has made significant cost savings following substantial job cuts when it updates the market this week. Earlier this year, the company announced plans to axe 700 management jobs in a bid to reduce costs by about £40 million a year after experiencing a dip [...]
Royal Mail bets big on 500 drones for 50 new aerial postal routes across UK in push to make air deliveries take off May 12, 2022 With the creation of 50 new “postal drone routes” over the next three years, Royal Mail said it plans to increase its use of drones for deliveries. Under a partnership with logistics drone company Windracers, and subject to Civil Aviation Authority approval, the move will provide faster and more convenient services for remote communities, said [...]
Mail chaos expected as thousands of Post Office workers agree to full-day strike over pay April 20, 2022 Thousands of Post Office staff across the UK are to stage a one-day strike in a dispute over pay. Members of the Communication Workers Union (CWU) will walk out on May 3 after voting overwhelmingly in favour of industrial action. The union said the strike is over a pay freeze for 2021 and the offer [...]
Ofcom urged to probe Royal Mail’s performance as millions of Brits are left without mail February 17, 2022 Close to 15m people were left waiting for post over the Christmas period, including 2.5m who missed important documents, health appointments, or were unable to pay a fine or bills, according to new research. More than half of those left waiting (54 per cent) reported going at least a week without letters, while 3 per [...]
Royal Mail set to cut 700 management jobs as it grapples with Omicron sting January 25, 2022 Royal Mail has warned against the lingering impact of Omicron this morning as it enters a formal consultation on reorganising to streamline processes, with an expected £40m annualised benefit for the firm.
Ofcom packages up better customer protection in line with delivery boom December 9, 2021 Ofcom have proposed new protections this morning to bring stronger guidance for parcel delivery and improve the way firms handle complaints.
Royal Mail to return £400m to shareholders after pandemic boom November 18, 2021 Royal Mail have said it would return £400m to shareholders after the postal company forecast higher annual earnings in its UK business following a strong first half.
Daniel Kretinksy: Czech billionaire poised to buy stake in West Ham United October 28, 2021 West Ham United are the subject of takeover interest from Czech billionaire Daniel Kretinsky, according to multiple reports. Kretinsky, who co-owns Sparta Prague and holds major stakes in the Royal Mail and Sainsbury’s, is said to be close to buying a 27 per cent stake in the Premier League club. The deal, first reported by [...]
Royal Mail enters North America delivery market via £210m takeover in Canada October 8, 2021 Canadian logistics business Rosenau Transport has been bought by Royal Mail for £210.5m, as its international subsidiary General Logistics Systems (GLS) plans to become a major force in the north American delivery sector. The deal will see GLS expand its presence across the country, particularly in the west of Canada, and allow the company to [...]
First Royal Mail drones take off for remote Orkney Islands to deliver letters and parcels October 6, 2021 Royal Mail has started a two-week trial of scheduled, autonomous flights between Kirkwall and North Ronaldsay in the Orkney Islands with Windracers to help better connect remote island communities. The mail giant is using drones to deliver the post. The mail is being carried by a large, twin-engine, UK-built unmanned aerial vehicle (UAV) named Ultra [...]