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. Business secretary Vince Cable told MPs that the IPO will include both a retail offer to allow large investors and members of the public to buy shares in the operator, along with an employee share scheme. Royal Mail employees will be allocated 10% of the shares and will be required to maintain them for at least […]
DX Group has become the latest target of union GMB’s campaign against the ‘gig economy’.
Royal Mail expressed its disappointment today after members of the Communication Workers Union (CWU) unanimously voted in favour of holding a national strike ballot this year.
Royal Mail will launch the UK’s largest click and collect network later this year, introducing the service to over 10,000 Post Office branches.