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....The six female chief executives who were running FTSE 100 firms in 2016 include Alison Brittain, boss of Whitbread which runs coffee chain Costa and budget hotel group Premier Inn, Veronique Laury of B&Q owner Kingfisher, and Alison Cooper, from cigarette giant Imperial Brands. The others were Liv Garfield, boss of water firm Severn Trent, Royal Mail boss Moya Greene, and Dame Carolyn McCall from budget airline easyJet - the former chief executive of Guardian Media Group who will take over at ITV in the new year. ... [Read full article on Guardian ]
Wednesday 2nd of August 2017 11:01:06 PM
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Latest Finance News related to Royal Mail

FTSE 100 chiefs earn 160 times the average wage, study reveals image
Source : Guardian [Read Article] Wednesday 2nd of August 2017 11:01:06 PM
....The six female chief executives who were running FTSE 100 firms in 2016 include Alison Brittain, boss of Whitbread which runs coffee chain Costa and budget hotel group Premier Inn, Veronique Laury of B&Q owner Kingfisher, and Alison Cooper, from cigarette giant Imperial Brands. The others were Liv Garfield, boss of water firm Severn Trent, Royal Mail boss Moya Greene, and Dame Carolyn McCall from budget airline easyJet - the former chief executive of Guardian Media Group who will take over at ITV in the new year. ...
UK workers earning £2.50 an hour prompts call for government action image
Source : Guardian [Read Article] Thursday 6th of July 2017 09:00:07 PM
....22 an hour, or even losing money. Field also claimed that Parcelforce, owned by Royal Mail, “tied each driver’s hands behind their back” by requiring them to sign a contract forbidding them from challenging their employment status. ...
Cyclists delivering emergency blood to NHS gain employment rights image
Source : Guardian [Read Article] Thursday 29th of June 2017 03:55:18 PM
....“TDL is mindful of doing the right thing but as the case is ongoing we are unable to provide further comment at this time,” the company said. TDL’s admission comes after a similar move by eCourier, a subsidiary of Royal Mail, which last month admitted it was wrongly classifying hundreds of couriers as self-employed contractors. ...
My credit score is at risk after landlord failed to register correct address image
.... JP, London. Credit reference agencies rely on the postcode address file compiled by the Royal Mail and the electoral roll, which councils organise. ...
Google and Facebook 'will lose millions in ads over extremism fears' image
Source : Guardian [Read Article] Thursday 22nd of June 2017 06:14:48 AM
....Facebook, which relies upon advertising, has come in for criticism and pressure to clean up its act over a number of issues including distributing “fake news”. It has faced an advertising boycott by major companies including Havas – the world’s sixth largest advertising group with UK clients including O2, EDF and Royal Mail – which pulled its entire £175m UK digital ad spend. ...
British workers are missing out on ‘buy one, get one free’ pension offer image
....Lots of household-name employers offer to match additional pension contributions from their employees:. • Royal Mail Like Tesco, Royal Mail has prompted uproar among staff over plans to close its defined benefit scheme. ...
How will the City react to a Tory or Labour general election victory? image
Source : Guardian [Read Article] Thursday 8th of June 2017 09:10:38 AM
.... under Tony Blair’s premiership, the FTSE 100 rallied nearly 50%,” she said. Pledges in the Labour manifesto that energy companies will be taken back into public ownership, the privatisation of Royal Mail will be reversed and a consultation will take place on breaking up Royal Bank of Scotland may rattle the stock market. ...
General Election result is make or break for investors image
Source : Daily Express [Read Article] Wednesday 7th of June 2017 12:01:00 AM
....Brooks adds that Labour nationalisation plans will hit companies such as United Utilities and Severn Trent, and energy firms such as Centrica, and National Grid. Adrian Lowcock, investment director at wealth managers Architas, claims shares in Royal Mail could be hammered as Labour has threatened it with renationalisation. ...
Royal Mail’s Keepsafe just let our mail pile up on the doormat image
Source : Guardian [Read Article] Sunday 4th of June 2017 06:00:16 AM
. Royal Mail advertises its Keepsafe service as the best way of ensuring your property is secure, yet it has failed us on every occasion we have tried to use it. ...
The strange death of strikes in Britain image
Source : Guardian [Read Article] Saturday 3rd of June 2017 06:00:46 AM
.... If BT takes that step, it will be a fundamental breach of the contract that existing workers signed up for, and industrial action will be inevitable. But will BT workers (and Royal Mail employees in a similar position) really go on strike? Some fascinating figures this week from the Office for National Statistics chart the near total death of the British strike. ...
BT considering closing defined-benefit pensions scheme for existing staff image
....It comes as the telecoms group prepares to enter negotiations with pension trustees about the future funding of the scheme from next month. It follows a similar, but more advanced, proposal by the recently privatised Royal Mail Group, where plans to shut its defined-benefit pension scheme to existing workers next year has resulted in threats of strike action. ...
How workable – and how expensive – might Labour’s renationalisations be? image
....Labour has outlined plans to bring the rail, water and energy supply industries back into public ownership. Royal Mail will also be nationalised as part of a manifesto pledge to reverse some of the high-profile privatisations pushed through by the Conservatives in the 1980s and 90s, and by the more recent coalition government. ...
FTSE 100 sinks while pound jumps image
Source : BBC [Read Article] Thursday 18th of May 2017 08:41:00 AM
....Burberry rose 4. 69%, despite the luxury fashion brand reporting a dip in full-year profits, and shares in Royal Mail climbed 1. ...
Labour reveals 'fat cat' tax pledge aimed at reining in excessive pay image
....Corbyn will unveil his new policy in Bradford as part of a radical manifesto. It will promise sweeping renationalisation of the railways, Royal Mail and parts of the energy market, with the water industry also likely to feature in the plans to take private companies back into public ownership. ...
General election 2017: Labour 'plans water industry nationalisation' image
.... . A draft version of the document, which was leaked last week, committed a future Labour government to taking the railways and the Royal Mail back into public ownership while also nationalising the electricity distribution and transmission networks. ...
Foxtons' tweets win few fans – now the slowdown gives it little to sing about | Simon Goodley image
....So will anybody take any notice of Foxtons’s excuses for its list of current challenges? Possibly – although sympathisers may be less numerous than its collection of Twitter followers. This week, Royal Mail Group is promising to release its annual results – although we’d all be wise to wait and see if it follows through with that pledge. ...
Labour has big spending ideas, but no plan to earn our trust | Phillip Inman image
.... New Labour officials worked tirelessly to convince hundreds of niche audiences – from the youth club to the rotary club – that it was not only justified in its analysis, but capable of implementing a programme of reforms. There may be some who believe it is worth spending billions of pounds renationalising Royal Mail and taking university finances back under state control. ...
Royal Mail firm launches review after admitting it denied courier benefits image
. A Royal Mail delivery company has been forced to launch a review into whether it is wrongly classifying hundreds of couriers as self-employed contractors, in the latest breakthrough by trade unions campaigning for more secure employment status for members of the fast-growing gig economy. ...
Whitbread's Alison Brittain named Veuve Clicquot businesswoman of year image
Source : Guardian [Read Article] Wednesday 10th of May 2017 06:33:35 AM
....The ranks of FTSE 100 female bosses were bolstered by last year’s appointment of Emma Walmsey as the chief executive of GlaxoSmithKline, Britain’s biggest drugs company. Alongside Brittain at Whitbread, the others are Kingfisher’s Véronique Laury, Severn Trent’s Liv Garfield, Alison Cooper at Imperial Tobacco, EasyJet’s Carolyn McCall – a former businesswoman of the year winner – and Moya Greene of Royal Mail. ...
ITV chief executive Adam Crozier steps down image
Source : BBC [Read Article] Wednesday 3rd of May 2017 07:36:53 AM
....Mr Bazalgette said in a statement that Mr Crozier "has made a fantastic contribution to ITV and the board is deeply indebted to him for his strong leadership and personal dedication in very successfully turning around the business and building a more global and diversified organisation with real scale in key creative markets around the world". Mr Crozier, a former boss of the Football Association and Royal Mail, said: "Having spent 21 years as a chief executive across four very different industries, I now feel that the time is right for me to move to the next stage of my career and to build a portfolio of roles across the plc and private sectors. ...
ITV chief executive Adam Crozier steps down after seven years image
Source : Guardian [Read Article] Wednesday 3rd of May 2017 06:25:36 AM
....”. Crozier, a former boss at the Football Association and Royal Mail, has spent the seven years since the recession attempting to diversify ITV away from its overdependence on TV ad revenues by building digital income and investing more than £1bn in building its production business. ...
Royal Mail union warns of industrial action over pension scheme closure image
Source : Guardian [Read Article] Thursday 13th of April 2017 08:44:38 AM
. Unions have threatened to disrupt Royal Mail deliveries with possible strike action, after the company said it would close its defined-benefit pension plan next year. ...
Strike threat after Royal Mail closes pension scheme image
Source : BBC [Read Article] Thursday 13th of April 2017 07:32:05 AM
. Postal unions are threatening to ballot for industrial action after Royal Mail said it would close its defined benefit pension scheme in 2018. ...
Royal Mail plans to close defined benefit pension scheme next year image
Source : Independent [Read Article] Thursday 13th of April 2017 07:29:22 AM
Why BlackRock wants to pay George Osborne £650,000 a year | Nils Pratley image
....55%). It is the biggest shareholder in more than half of the FTSE 100’s companies: Ashtead, Aviva, AstraZeneca, British American Tobacco, British Land, BHP Billiton, BP, Burberry, Centrica, Compass, Croda, CRH, Diageo, Direct Line, Experian, GKN, GlaxoSmithKline, Hammerson, HSBC, 3i, Imperial Brands, Intertek, Johnson Matthey, Kingfisher, Land Securities, Legal & General, Lloyds Banking Group, London Stock Exchange, Marks & Spencer, Mondi, National Grid, Next, Persimmon, Royal Dutch Shell A and B shares, Relx, Royal Mail, Randgold Resources, Sage, Shire, St James’s Place, Standard Life, Smiths Group, Scottish Mortgage Investment Trust, Smith & Nephew, Severn Trent, Tesco, Unilever, Vodafone, Worldpay, and WPP. ...
UK Mail driver who was unable to work after car accident charged £800 image
....The charges emerged amid growing concern at the treatment of self-employed couriers who supply the booming online shopping trade. The Guardian this month revealed DPD charges drivers £150 a day if they cannot find a replacement to cover their round and Royal Mail’s ParcelForce charges self-employed couriers up to £250 a day if they cannot find cover. ...
Google braces for questions as more big-name firms pull adverts image
Source : Guardian [Read Article] Sunday 19th of March 2017 03:24:45 PM
....Unilever declined to comment on whether it had suspended advertising through Google. Leading advertising agencies have been quick to react, with French marketing firm Havas, whose clients include O2 and Royal Mail, pulling its adverts late last week. ...
French advertising giant pulls out of Google and YouTube image
Source : Guardian [Read Article] Friday 17th of March 2017 03:08:24 PM
. A French advertising group that has clients including O2, EDF and Royal Mail has become the first of the major global marketing companies to pull all its ad spend from Google and YouTube. ...
There’s no love lost when it comes to Debenhams Flowers image
Source : Guardian [Read Article] Tuesday 14th of March 2017 07:00:15 AM
....It does seem extraordinary that a flower delivery company, which is part of a major national retailer, can make such a hash of things and let so many customers down at one of the most important times of the year for flowers – and spoil any intended surprise. It clearly needs to do better to get the basics right, although in your case the company is blaming Royal Mail. ...
Sick Parcelforce couriers can be charged up to £250 if they can't find cover image
....Parcelforce couriers who deliver packages for Marks & Spencer, John Lewis and Hamleys can be charged up to £250 a day if they are off sick and cannot find someone to cover their shift. Details of the policy applied by the Royal Mail-owned business emerged days after rival courier company DPD was criticised for charging some drivers who take time off for illness. ...
Price of stamps to rise next month image
Source : BBC [Read Article] Friday 24th of February 2017 12:27:51 PM
. The prices of first and second class stamps are to rise by 1p from 27 March, Royal Mail has announced. ...
GWR’s compensation scheme is all delay and no repay image
Source : Guardian [Read Article] Monday 13th of February 2017 07:00:07 AM
....The nub of your complaint is the – we agree, wholly unacceptable – amount of time GWR has taken to respond, and our postbag is filling up with more along the same lines. The operator has recently moved its contact centre, but all mail is redirected from a Freepost address, routed via Royal Mail – which should have no bearing on the time taken for a complaint to be received. ...
Universities minister announces sale of student loan book image
Source : Guardian [Read Article] Monday 6th of February 2017 03:28:59 PM
.... “Why should it keep the loans for ever on its books? Why shouldn’t the demand of pension funds for long-term income streams be satisfied if there are no clear losers?” he asked. But Hillman raised concerns about whether the sale would result in taxpayers getting value for money, saying: “We saw in Gordon Brown’s sale of the government’s gold and also in Vince Cable’s sale of Royal Mail how hard that is to achieve and how controversial it can be if the price paid comes to seem too low. ...
Beware the call connection services that charge £3.60 a minute image
Source : Guardian [Read Article] Saturday 4th of February 2017 06:59:22 AM
....But Amazon is just the tip of a huge consumer iceberg. A quick trawl of other “connection services” suggests there are many out there offering to put people through to a vast range of household names, including Marks & Spencer, Tesco, John Lewis, npower, O2, BT, Sky, Argos, Asda, BA, Royal Mail, HMRC, the DVLA, TV Licensing and even the Dartford Crossing. ...
Train ticket pricing due for overhaul; plus, Nissan owners driven to anger image
Source : Guardian [Read Article] Thursday 2nd of February 2017 03:18:38 PM
.... Donna Ferguson reports. What really happens when Royal Mail fails to deliver?. ...
What really happens when  Royal Mail fails to deliver? image
Source : Guardian [Read Article] Tuesday 31st of January 2017 07:00:15 AM
. When Royal Mail fails to deliver an item, perhaps because they are too big or the person is out and a signature is required, what happens to these items next? I presume they’re destroyed. ...
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Brexit jitters mean less junk mail (and less money for the Royal Mail) image
Source : Guardian [Read Article] Thursday 19th of January 2017 03:20:30 PM
. Royal Mail’s share price has fallen after uncertainty over the UK’s future relationship with the European Union curbed the amount of junk mail and business letters being sent. ...
Wetherspoon ready for a comeback? image
Source : Guardian [Read Article] Sunday 15th of January 2017 07:00:09 AM
....” Developing. You might have missed last year’s Pension Scheme of the Year Awards, so here’s a recap: the Royal Mail scooped a hat-trick of gongs for: defined benefit scheme of the year (asset value of over £2. ...
Wage hikes at Aldi and Lidl are welcome news. But don’t get too excited | Peter Fleming image
.... This has resulted in the immense concentration of capital we see today. There’s a good chance that our employer will be a monopoly or oligopoly, such as Royal Mail or Thames Water. ...
Royal Mail enters talks with unions over pension change image
Source : BBC [Read Article] Thursday 5th of January 2017 01:20:50 PM
. Royal Mail has begun a consultation over changes to its pension scheme amid threats of strike action from unions. ...
Workers rush to return unwanted Christmas gifts image
Source : BBC [Read Article] Tuesday 3rd of January 2017 12:22:15 PM
....Post offices and shops are expected to be very busy on Tuesday, as people going back to work after the holidays try to return unwanted presents. Royal Mail predicts that on what it calls Take-back Tuesday there will be a rise of more than 50% in returns against December's daily average. ...
No 10 accuses striking workers of 'contempt for ordinary people' image
Source : Guardian [Read Article] Monday 19th of December 2016 01:01:02 PM
....He suggested the prime minister would not be prioritising further strike laws demanded by some Conservative MPs but refused to rule this out as a possibility if the industrial action gets worse. Asked about the strikes affecting Southern rail, the Royal Mail and British Airways, he said: “What the prime minister thinks is that the strikes are wrong and that they are causing untold misery to hundreds of thousands of people. ...
Downing Street distances itself from Grayling calls for anti-strike laws image
Source : Guardian [Read Article] Monday 19th of December 2016 07:00:14 AM
.... A GTR spokeswoman said no further talks were planned but “our door remains open”. The Royal Mail has said it does not anticipate trouble for postal services in the run-up to Christmas despite a planned strike on Monday, Tuesday and Saturday by Post Office staff belonging to the CWU. ...
Strikes show contempt says Downing Street image
Source : BBC [Read Article] Monday 19th of December 2016 01:34:53 AM
....On Wednesday and Thursday, delivery drivers who supply many rural offices with cash will join the action. There are fears the situation could escalate if unofficial action is taken by Royal Mail workers - who are not currently involved in the dispute - and they refuse to cross picket lines. ...
Baggage handlers down suitcases as Britons get ready for wave of strikes image
Source : Guardian [Read Article] Saturday 17th of December 2016 11:42:55 AM
....The union blamed the “intransigence” of the Post Office, while the company said it was “extremely disappointed” and had believed talks were due to resume this week. A Royal Mail spokesperson said: “Royal Mail will be operating as normal next week when the CWU union says its members in the Post Office will take industrial action. ...
Christmas of Discontent image
Source : BBC [Read Article] Friday 16th of December 2016 12:40:39 AM
...."It's so difficult to draw real comparisons because so much has changed," agrees Dr Crossman. Before the Thatcher administration, trade unions were more powerful, while the railways, British Airways and Royal Mail were all state-owned. ...
Union calls on Post Office to join 'serious talks' to avoid strike image
Source : Guardian [Read Article] Tuesday 13th of December 2016 01:17:30 PM
....He said the Post Office was extremely disappointed that the CWU preferred to call for strike action, despite the company’s pledge to return to talks on Wednesday. Royal Mail, which handles parcel and letter deliveries and is now a private company after it was split off from the Post Office several years ago, said it expected the action to have little or no effect on the services it provides its customers. ...
Union defends Post Office pre-Christmas strike image
Source : BBC [Read Article] Tuesday 13th of December 2016 09:13:21 AM
....But the Post Office said despite the walkout it would be "business as usual" with "at least" 97% of its 11,600 branches not involved. A spokesperson from Royal Mail said: "If any industrial action takes place in Post Office Ltd, Royal Mail will be operating as normal. ...
Post Office workers to stage five days of strikes next week image
Source : Guardian [Read Article] Monday 12th of December 2016 07:09:07 PM
....”. A Royal Mail spokesperson said: “If any industrial action takes place in Post Office Ltd, Royal Mail will be operating as normal. ...
Venting our anger on Yodel’s approach to parcel delivery image
Source : Guardian [Read Article] Monday 12th of December 2016 07:00:05 AM
....Can you help with a long-running saga I’ve been having with parcel delivery company Yodel? The problem started because our letterbox is in our back door. Royal Mail and some couriers know this, but unfortunately Yodel could only be bothered stuffing its card in a cellar vent under our front door. ...
Last post dates for Christmas 2016 delivered by Royal Mail image
Source : Guardian [Read Article] Friday 9th of December 2016 11:43:51 AM
. Senders of Christmas cards to Australia, New Zealand and, bizarrely, Greece, need to get them in the post by Saturday 10 December if they are to arrive by the 25th, according to Royal Mail. ...
Christmas shoppers to spend over two hours on online delivery problems image
Source : Guardian [Read Article] Wednesday 7th of December 2016 07:01:24 AM
....Analysis of the more than 2,000 calls to Citizens Advice about deliveries in the past 12 months showed difficulty getting through to the delivery company was the most common problem, followed by confusion about responsibility and compensation and unexpected handling fees on parcels sent from outside the EU. As many as 390m parcels will be handled by private companies and Royal Mail between November and December this year. ...
Fox fighters image
Source : BBC [Read Article] Thursday 1st of December 2016 12:16:28 AM
....How Father Christmas manages to deliver everyone's presents on Christmas Eve remains a mystery, but it is possible to help him out by giving him some guidance on what gifts you want. In the UK the Royal Mail has been delivering letters to Father Christmas since 1963. ...
Royal Mail shareholders unhappy as shares fall seven per cent in first-half results image
....The weaker pound added a further £7million boost to profits, contributing to divisional profits of £89million, up 25 per cent on a year earlier. Unfortunately, Europe only accounts for 23 per cent of Royal Mail and the far more important UK market remains sluggish. ...
Royal Mail says Brexit uncertainty causing dip in junk mail sent by post image
Source : Guardian [Read Article] Thursday 17th of November 2016 12:47:38 PM
. Uncertainty over the Brexit vote and its consequences has led to a dip in the amount of junk mail sent through the postal system, according to the Royal Mail. ...
FTSE 100 higher but Royal Mail shares fall image
Source : BBC [Read Article] Thursday 17th of November 2016 12:45:45 PM
. The London market ended higher on Thursday, but shares in Royal Mail fell 7% after its latest results. ...
Royal Mail shares slide as profits fall image
Source : BBC [Read Article] Thursday 17th of November 2016 08:57:26 AM
. Royal Mail shares have fallen after the company reported lower profits and increased its target for cost savings. ...
Small print puts the ouch in gift vouchers image
Source : Guardian [Read Article] Saturday 12th of November 2016 06:59:42 AM
....50 for standard home delivery, though it offers free delivery when you spend more than £50. Retailers who do charge say the cost is to cover the extra value being sent and insured by special delivery with Royal Mail. ...
Maternity leave sackings cost £280m a year, says equality watchdog image
Source : Guardian [Read Article] Thursday 27th of October 2016 11:34:17 AM
....”. The EHRC said it was working with businesses to promote flexible working and support for parents returning to work, citing Barclays, the Royal Mail and Ford as positive examples. ...
From Royal Mail to Asda – company schemes that give workers a share image
Source : Guardian [Read Article] Saturday 15th of October 2016 06:01:07 AM
....The stock market hitting an all-time high this week spells good news for thousands of people participating in company share schemes – and they are not all fat-cat chief executives and board direectors. Saturday, 15 October, is a key date for about 139,000 postal workers who received free Royal Mail shares when the business was floated on the stock market in October 2013. ...
Slow delivery from AliExpress means there’s no China crisis for Amazon image
Source : Guardian [Read Article] Saturday 15th of October 2016 06:00:07 AM
....82. Quite how a seller in Hangzhou produces and distributes it to your door for little more than the cost of a Royal Mail stamp is not explained. ...
Royal Mail 'failing to tackle' fraud image
Source : BBC [Read Article] Monday 10th of October 2016 12:49:45 PM
. Royal Mail has been accused of failing to crack down on scammers contacting vulnerable people via the postal service. ...
Deutsche Post agrees to buy UK Mail image
Source : BBC [Read Article] Wednesday 28th of September 2016 08:06:31 AM
....German postal firm Deutsche Post has agreed a deal to buy UK Mail for £242. 7m, which will see it compete with Royal Mail for parcel deliveries. ...
Amazon has been fined £65,000 for trying to fly dangerous goods image
Source : BBC [Read Article] Friday 23rd of September 2016 02:20:35 PM
....The items were destined for flights in and outside the UK in four shipments between January 2014 and June 2015. They were only discovered when the cargoes were screened by Royal Mail before departure, and seized before they could reach the aircraft. ...
Women at the top image
Source : BBC [Read Article] Tuesday 20th of September 2016 04:08:42 PM
.... According to an interview in the Evening Standard, she is a cigar smoker and also a keen singer. Moya Greene was named as chief executive of Royal Mail in 2010 - coming from the top job at Canada Post. ...
Royal Mail has lost precious memories of my grandmother image
Source : Guardian [Read Article] Sunday 18th of September 2016 06:00:10 AM
.... I was told by local sorting office staff that lost property goes to a warehouse in Belfast, but the only information on the website is about compensation. I phoned customer services, but after selecting the appropriate options I reached a “dead end” message that told me Royal Mail does not keep lost items. ...
Top UK firms paid five times more in dividends than into pensions image
Source : Guardian [Read Article] Monday 15th of August 2016 11:02:17 PM
....Related: Retirees prove more prudent than expected after pension freedoms. Royal Mail’s pension scheme is in the strongest financial position thanks to backing from the government. ...
The scandalous changes to company pension schemes image
Source : Guardian [Read Article] Saturday 13th of August 2016 05:57:18 AM
.... It says it has no choice but to slash the scheme to ribbons. This is the sort of dilemma facing the workers, and bosses, of Royal Mail and the Post Office. ...
Reality Check image
Source : BBC [Read Article] Thursday 11th of August 2016 05:18:10 PM
....That was the highest level in the sector since 2010. Actually, both years were dwarfed by 2009, when 296,200 days were lost in that category, but that was because the Royal Mail strikes of that year also counted towards the category. ...

More than 90,000 Royal Mail told their final-salary pension is 'unaffordable' and may close
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. More than 90,000 Royal Mail staff have been warned that their final salary pension is "unaffordable" and could be shut down, as experts warn a raft of other private companies will follow suit. ...
Big cuts in store for Royal Mail and Post Office workers' pensions image
Source : Guardian [Read Article] Wednesday 10th of August 2016 05:41:48 PM
. Nearly 100,000 workers at the Royal Mail and the Post Office are likely to be the victims of turmoil in markets as the companies plan big cuts to their “simply unaffordable” pension schemes. ...

Jeremy Corbyn wins backing of 200,000-strong Communication Workers Union in Labour leadership contest
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...."It's time to end rip off Britain and protect workers' rights," he said to loud applause from CWU activists. Mr Corbyn said Labour would renationalise Royal Mail if it wins the next general election and introduce regulations to introduce a minimum number of hours for employees and "reasonable compensation" for people who are available for work. ...

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