Royal Mail shareholders have been advised to sell their shares in the wake of the newly announced pay and pension deal. Yesterday the postal operator announced its board had approved the agreement reached with the Communication Worker’s Union, bringing an end to the long-running pay feud. Employees will receive a 5% pay rise backdated to October 2017, which will also apply to the 2018/19 financial year. They will then see a 2% pay rise in April 2019. Market analyst Jefferies […]
Royal Mail has warned that revenue in its UK parcels business was lower than it anticipated in the last three months due to competition in the market for deliveries.
Royal Mail has settled its long-running dispute with members of the Communication Workers Union (CWU).
A degree-level apprenticeship standard will be available to the supply chain sector from mid-2018, after Uniserve Group’s Supply Chain Leadership framework was approved by the Institute for Apprenticeships.