EU backs €33bn state takeover of Royal Mail legacy pension costs
The European Commission has given the green light to the UK government to take over Royal Mail’s legacy pension costs, paving the way for privatisation.
Read MoreTag: Pension
Congressmen call for job-cutting priority at USPS
Democrats and Republicans in the US House of Representatives said today that they did not believe changes to the US Postal Service pension funding arrangements would be enough to give it financial stability.
Read MoreRoyal Mail to announce record pensions deficit?
Royal Mail is set to enter the record books next year — but perhaps not in the way it would wish to, reports The Times.
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