Royal Mail has been accused of freezing out hundreds of sales staff to finance big pay rises and free trips to Iceland for employees retained or promoted under a shakeup.
Union leaders condemned the organisation as insensitive over plans to cut about 350 of the 850-strong sales team while increases of up to 60% go to remaining workers who must apply for new posts.
Read MoreLeaders of the postal workers union will meet to decide their next move in the wake of the surprise rejection of industrial action over pay by thousands of Royal Mail employees.
Members of the Communication Workers Union narrowly voted against strikes in a national row over wages.
But workers in London, involved in a separate dispute over pay, backed walkouts by 11,417 to 4,316.
Read MoreThe Malta Communications Authority (MCA) last week published its report on the outcomes of the consultation process on the introduction of a new regulatory regime for the postal sector.
The report examines the responses received from the interested parties following the publication of a consultation paper in May 2003 entitled Consultation on the introduction of a new regulatory regime for Postal Services. The report provides a preliminary indication of aspects of the regulatory framework that will be set up in the coming months.
Read MoreInternational forwarder TNT Express has opened an express depot at Soekarno-Hatta International Airport in Banten, as part of its efforts to improve the speed and efficiency of its service.
“Since we first opened our doors for business in 1979 in Indonesia, TNT has demonstrated a strong commitment to our customers and to developing the air express delivery and logistics industry in the country,” TNT Indonesia’s Colin Moran said in a press release.
Read MoreThe South African Post Office (SAPO) says it is has made tremendous progress on transformation and is committed to break even by March 2004.
SAPO Chief Executive Officer Maanda Manyatshe told Parliament yesterday that over the past three years, remarkable progress had been made in the transformation process of the Post Office.
Read MoreThe Royal Mail is considering legal action against a far-Right party in Italy that plans to sell British stamps bearing the face of its leader next to the Queen’s head.
To the embarrassment of the Post Office, the Northern League, a populist right-wing party in Italy’s coalition Government, announced that it was to sell Royal Mail stamps bearing not only the head of the Queen but also the face of Umberto Bossi, its leader. The Northern League had used a Royal Mail service that allows customers to customise stamps.
Read MoreA deal to outsource the management of Royal Mail’s online platforms to IT services group Sapient has helped to reduce losses to GBP611m this year, the organisation said.
Agreed last year, the contract, part of a three-year recovery plan aimed at slashing its GBP1bn business losses, has saved millions of pounds, according to Royal Mail.
Read MoreThe Dutch Finance Ministry has said that the state retains its “golden share” in Dutch telecoms group KPN and has no plans to surrender this soon.
Finance Ministry spokesman William Lelieveldt said “The state still has a golden share in KPN and there are no plans on the short-term to give this up,”.
Lelieveldt declined comment on whether the Dutch government also plans to reduce its around 30% stake in postal group TPG.
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