Strike action at Royal Mail has been put on hold after the postal operator won a court ruling against the Communication Workers Union (CWU). CWU members voted in in favour of strike action against the operator’s pension scheme in a ballot last month, and a 48-hour walkout was due to take place on 19 October. However Royal Mail said the strike action was unlawful, claiming it went against an Agenda for Growth both parties had signed in 2013. The agenda, […]
Royal Mail has revealed that its UK operation saw a 2% year-on-year decline in turnover in the first quarter of its financial year, just a day after reports that the company submitted an objection to an ongoing Ofcom investigation into its pricing regulations emerged.
The surge of e-retailing is presenting parcel carriers with a conundrum: how do carriers profit from the rapid surge in B2C volumes, while ensuring their networks are able to cope with capacity demands? Hayley Pink reports Peak period capacity is at breaking point, City Link MD David Smith warned an industry conference in June, with the 2012 Christmas period posing a record challenge for carriers and retailers alike. Smith says there has been no new capacity in the industry since […]
The government hopes to give Royal Mail access to the capital it needs to move on its privatisation plans this financial year, business minister Michael Fallon has said.