The Postal Authority is ready and eager for the government to open up mail services to competition from private companies, but only gradually, says authority chairman Yossi Shelli, commenting on the Treasury’s budget proposal that calls for turning the authority into a government company.
Read MoreRoyal Mail and the postal workers’ union, the CWU, are to hold last-ditch, face to face talks today in an attempt to prevent the first national strike for seven years.
The two sides, who met on Friday, have come under government pressure to settle the pay and productivity dispute amid evidence that the 160,000 postal workers are voting substantially in favour of action.
Read MoreThe Commons Trade and Industry Select Committee is set to investigate allegations by the Communication Workers Union that Royal Mail has exaggerated its claims to be losing Pounds 750,000 a day.
The union said Royal Mail’s financial position was improving and the organisation was trying to give the impression that restructuring was more urgent than it actually was.
Read MoreJapan Post President Masaharu Ikuta said he would not get involved in a debate over privatising the postal service, while emphasizing that they should continue to provide unified postal services nationwide.
Read MoreTPG expands delivery network for unaddressed mail in Germany
Read MoreInterview with Edward Roderick
Read MorePostal workers are poised to vote for their first national postal strike in seven years, union leaders across the country believe.
Representatives from the Communication Workers’ Union are convinced that there will be a yes vote when the count is taken on Thursday, according to an FT survey.
Read MoreGeodis makes profit despite weak economy
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