GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRMG.L Share News (RMG)

  • There is currently no data for RMG

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Royal Mail managers to strike later this month in pay row

Tue, 05th Jul 2022 12:24

(Alliance News) - Royal Mail PLC managers are to strike later this month in a dispute over jobs and pay, it has been announced.

The Unite union said 2,400 managers will work to rule on July 15-19, followed by strike action on July 20-22.

Unite general secretary Sharon Graham said: "This business is awash with cash but it is putting profits and dividends for the few at the top ahead of its duties as a public service.

"There is not a single aspect of these cuts which is about improving customer service. They are being driven entirely by a culture of greed and profiteering which has seized a 500-year-old essential service, driving it close to ruin.

"Our members are determined to force the business to take a different path, and they have the full backing of Unite."

A Royal Mail spokesperson said: "We are disappointed that Unite has notified us of planned industrial action. There are no grounds for industrial action.

"The extended consultation on our recent restructure concluded earlier this year, and the restructuring is complete.

"We committed to protecting pay for all managers who stay with Royal Mail, and the vast majority have seen an increase in their earnings.

"We allowed managers to request voluntary redundancy with a package of up to two years' salary, which was over-subscribed. We also made several concessions during the process, which Unite declined.

"We have contingency plans in place to minimise disruption for customers in the event of industrial action, and we will work to keep people, businesses and the country connected."

source: PA

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
21 Jul 2021 07:17

Royal Mail parcel volumes dip as Covid curbs ease

(Sharecast News) - Royal Mail said revenues rose 12.5% in the first quarter as people continued to shop online with Covid lockdown restrictions still in place, although UK parcel volumes had started to slip as curbs were lifted.

Read more
20 Jul 2021 09:41

Wednesday preview: Public sector borrowing, Royal Mail Group in focus

(Sharecast News) - The focus on home shores on Wednesday will be on public sector net borrowing data for June.

Read more
15 Jul 2021 09:45

BROKER RATINGS: Citigroup prefers Beazley over Hiscox and Lancashire

BROKER RATINGS: Citigroup prefers Beazley over Hiscox and Lancashire

Read more
14 Jul 2021 16:17

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
14 Jul 2021 16:15

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
28 Jun 2021 00:58

Sunday newspaper round-up: Return to normal, Morrisons, Binance

(Sharecast News) - Sajid Javid is to push for lockdown to end "as soon as possible" over fears of the "cost" of shutting down the economy. The newly appointed Health Secretary, who replaced Matt Hancock after he was forced to resign for breaking lockdown rules to conduct an affair with an aide, said on Sunday it was his "most immediate priority to see to see that we can return to normal as soon and as quickly as possible". - Sunday Telegraph

Read more
24 Jun 2021 09:49

BROKER RATINGS: Deutsche raises GSK; HSBC cuts BP to Hold

BROKER RATINGS: Deutsche raises GSK; HSBC cuts BP to Hold

Read more
17 Jun 2021 13:49

Thursday broker round-up

(Sharecast News) - Pets At Home: Liberum upgrades to buy with a target price of 510p.

Read more
17 Jun 2021 09:36

BROKER RATINGS: Bank of America double upgrades Morrisons to Buy

BROKER RATINGS: Bank of America double upgrades Morrisons to Buy

Read more
17 Jun 2021 08:29

LONDON BRIEFING: Cash transfer app Wise confirms direct London listing

LONDON BRIEFING: Cash transfer app Wise confirms direct London listing

Read more
11 Jun 2021 05:57

Royal Mail to increase electric vehicles in its fleet

Royal Mail to increase electric vehicles in its fleet

Read more
7 Jun 2021 12:12

Royal Mail to allow clients to choose delivery dates and times

(Sharecast News) - Shares of Royal Mail were trading within striking distance of their all-time highs after announcing its latest initiative to take on rival Amazon.

Read more
1 Jun 2021 13:43

Tuesday broker round-up

(Sharecast News) - Tekmar Group: Berenberg reiterates buy with a target price of 75p.

Read more
1 Jun 2021 12:07

LONDON MARKET MIDDAY: Stocks make sunny start to June after PMIs

LONDON MARKET MIDDAY: Stocks make sunny start to June after PMIs

Read more
1 Jun 2021 09:12

LONDON MARKET OPEN: Miners lift FTSE 100 after robust China PMI

LONDON MARKET OPEN: Miners lift FTSE 100 after robust China PMI

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.