The government's plans to sell a stake in the Royal Mail were in disarray last night after it emerged that the company's chief executive, Adam Crozier, is at loggerheads with TNT, the Dutch company that is the front-runner to take a 30% share in the state-owned business. Crozier accuses TNT's …
Read More »Postal staff proposes Royal Mail trust for employee shares – Financial Times
Telegraph.co.uk Postal staff proposes Royal Mail trust for employee sharesFinancial TimesPostal staff have proposed setting up a trust which would control shares given to Royal Mail employees when the state-owned company is privatised. The government has said it intends to give as much as 10 per cent of all the …
Read More »Scots ‘overwhelmingly’ satisfied with Royal Mail – SNP (press release)
This is Money Scots 'overwhelmingly' satisfied with Royal MailSNP (press release)An Ofcom survey on attitudes towards Royal Mail concluded that people in Scotland are “significantly more likely to say they are very satisfied, compared to people across the whole of the UK” (67% v 40%), and overall 93% of people …
Read More »Royal Mail: a public company offering too much private help
The firm took a liberty in handing £250,000 to Canadian chief executive Moya Greene to help her buy a house in the UK Royal Mail, if the government gets its way, will be in the private sector soon. But it's not there yet, which is why the company was taking …
Read More »Summer strike over pay and pension may hit Royal Mail flotation
The Communication Workers Union has won agreement from its 115,000 members for a full strike ballot if ‘satisfactory’ agreement is not reached on working conditions, job security and pensions. More: continued here
Read More »Summer strike over pay and pension may hit Royal Mail flotation – This is Money
This is Money Summer strike over pay and pension may hit Royal Mail flotationThis is MoneyRoyal Mail could be hit by a summer strike after unions threatened to bring forward a walkout ballot if talks with bosses fail. The Communication Workers Union voted to hold a strike ballot over pay …
Read More »Royal Mail boss returns house cash – Financial Express Bangladesh
Royal Mail boss returns house cashFinancial Express BangladeshLONDON, Aug 3 (BBC News): Royal Mail chief executive Moya Greene received pay and benefits worth £1.47m last financial year, the group's annual report has revealed. Ms Greene's basic salary was unchanged at £498,000, but other benefits increased, … More: continued here
Read More »LETTER: Royal Mail: “Why we need to privatise” – Boston Standard
Boston Standard LETTER: Royal Mail: “Why we need to privatise”Boston StandardIn response to Observer: “Why do we need to sell off Royal Mail?” (17 July 2013), your readers may be interested to understand what the recent announcement by the Government on the privatisation of Royal Mail means for our customers, …
Read More »Royal Mail chief received £1.5 million in pay and benefits – Herald Scotland
Royal Mail chief received £1.5 million in pay and benefitsHerald ScotlandTHE chief executive of Royal Mail received almost £1.5 million in pay and benefits in the last financial year, although she is returning £120,000 paid towards the cost of buying a house. THE chief executive of Royal Mail received almost …
Read More »UKIP candidate Mike Nattrass raises concerns over Royal Mail privatisation – Craven Herald
UKIP candidate Mike Nattrass raises concerns over Royal Mail privatisationCraven Herald“The ongoing destruction of the Royal Mail lies firmly at the door of the EU and the Liberals, Labour and Conservative who voted for it in the EU Parliament while UKIP voted against the regulations,” said Mr Nattrass, whose family …
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