Royal Mail CEO Moya Greene is rumoured to be preparing to step down, with the head of the business’s GLS division tipped to fill her shoes. Greene has been the CEO of the delivery giant for eight years, during which time she has overseen the privatisation of the business and the forging of a new pay and pensions deal after a long battle with the union CWU. In recent months Greene has become a director at Easyjet and mining company […]
Royal Mail has admitted that the threat of industrial action and the introduction of size-based parcel pricing led to volumes being flat in the first nine months of the current financial year.
Royal Mail’s planned privatisation will go ahead with the sale of shares through an initial public offering (IPO) this year, the government has revealed.