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International Distribution says Royal Mail agrees deal with union

(Alliance News) – International Distribution Services PLC said on Friday that an agreement had been reached between Royal Mail and the Communication Workers Union, which it said “represents a good outcome for customers, employees and shareholders.” The London-based postal and delivery holding company, which includes Royal Mail and GLS, said …

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FTSE 250 lifted by M&A activity, Royal Mail deal

(Alliance News) – Stock prices in London opened higher on Monday, with the large-cap FTSE 100 index boosted by commodity stocks and the mid-cap FTSE 250 lifted by prospective dealmaking. The FTSE 100 opened up 41.10 points, 0.5%, at 7,913.01. The FTSE 250 was up 149.87 points, 0.8%, at 19,392.56, …

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Royal Mail, CWU agree to extend negotiations over pay

More than 110,000 postal workers at Royal Mail held several nation-wide strikes in 2022, joining a chorus of sectors in Britain — from teachers to nurses and rail workers — demanding higher pay to cope with elevated inflation. “Talks continued this weekend. Progress has been made in some areas and …

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