The government has confirmed it will sell shares in Royal Mail on the London Stock Exchange in the next few weeks. The Department for Business, Innovation and Skills (BIS) said it intends to sell the majority of its share in the post and parcel operator, but the size of the stake will depend on market conditions at the time of floatation, investor interest and value for money for taxpayers. The initial public offering will comprise a retail offer in the […]
The Communication Workers Union (CWU) has called off the 24-hour Royal Mail and Parcelforce strike planned for Monday (4 November).
Royal Mail and the Communication Workers Union (CWU) have revealed the details of their agreement which has ended the lengthy dispute between the two parties.
Royal Mail’s Mark Higson will step down from his role as MD operations and modernisation later this year in a move that will see a number of new roles created.