Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I'd be very surprised if Large letters were loss making.
Pretty easy to handle and fit through most letter boxes.
Less knocking on doors, sorry you were out cards, taking them back and redelivering.
Agree with Derek about hiking the cost of large letter over the last few years.
Send a lot less out than I used to as things that were economically viable to ship out aren't anymore.
Large letters between 500 - 750 grams are almost at parcel cost now.
I know I'm only one person but I reckon the price hike for Large letters has seen a decline in volume over the last few years.
Shame.
New offer just dropped on workplace
Message from CEO Simon Thompson - Improved best and final offer presented to the CWU
After seven months of talks with the CWU - including Acas talks over the last four weeks - we have presented the CWU with a revised ‘best and final’ offer with a significant number of improvements, including:
Offering an enhanced pay deal in Royal Mail* of up to 9% over 18 months (rather than two years) – bringing the next annual pay review forward by six months to 1October 2023
Parcelforce colleagues would now also receive the enhanced base pay increase of 7% and we have committed to increasing weekly base pay for Parcelforce drivers to Royal Mail over a three-year period
Offering to develop a new profit share scheme for employees
Making our voluntary redundancy terms more generous than our original proposals – with an additional one-off £6,000 payment for those who choose voluntary redundancy in the first phase. Based on preferences expressed so far, it appears highly likely that the generous voluntary redundancy scheme will be over-subscribed
Committing to no compulsory redundancies until 31 March 2023 at the earliest
Offering to buy-out a number of legacy allowances, including delaying and phasing out the regional recruitment incentive supplement (RRIS) which will now reduce over three years from 2024/25, and be removed in 2026/27
Making Sunday working voluntary, and phasing the removal of the Sunday allowance over three years
Staggering the introduction of later start and finish times over three years. Committed to accommodating family friendly working where possible
Changing our seasonal working proposals so that employees would only work around two hours less a week in the summer, and two hours more in the winter (no more than 30 minutes a day) – with 4-10 weeks notice for employees
Agreeing to trial Yearly Flexi Hours before they are introduced at a later date
Withdrawing proposals to taper down ill health retirement payments
Offering to work with the CWU on a joint campaign to level up employment standards across our industry to avoid a ‘race to the bottom’ on terms and conditions in our sector
Offering to work with the CWU on projects to diversify and grow the business beyond letters and parcels.
You can read the draft agreement in full, along with the covering letter we sent to the CWU, here.
During the negotiations, broad agreement was reached on pay and most elements of the deal. However, over recent days, plans the company thought had been agreed became open-ended ‘reviews’ and three-month-long working groups to delay transformation, in proposals presented by the CWU. Unaffordable initiatives previously suggested by the CWU reappeared, including demands to reduce the current 37-hour working week without any corresponding change in pay, estimated to cost around £100m a year.
Apparently !
"Team - time to update you on where we are with the talks - I have just finished a call with the CWU facilitated by ACAS - we have now given the CWU a written agreement - that in our view is very good, and includes a number of new elements that are very positive - CWU now need to read it, and reflect on it...
They must let us know on Monday whether they can accept it - or not - my team will be with them on Monday to discuss again - face to face.
But I want to be very clear - on the next day of strike action - we will stop talking.
As I said on last weeks results call - our preference, my preference is to have an agreement with the CWU so they can stand alongside us - to turn Royal Mail around.
And this is the key point - what we need to see is a behaviour change."
Thanks for the updates Talk2Much !
Taken from Twitter. Not sure I can disagree on this.
Helps when you're dealing with dunces like Larkin #UOG on the other side who gave up Selva at the very bottom of the cycle for a song ?????
and then he's continued his streak and cratered
@UOGPLC
...He's a horror show for shareholders...
OK !
All the Best
*small
GBA,
Pretty some company - with a fleet of 200 vehicles.
Apologies ispy - that was a bit ****ty.
You've got to do what's best for you and your family.
Ispy,
Well done for working your days off and helping out the business !
Many Thanks.
ispy,
"Bring it on"
Bring on what - you swapping your day off.
You're all hot air !