Moya Greene is to retire in September after more than eight years as Chief Executive Officer of Royal Mail. Rico Back will assume the role of Group CEO and join the Board on 1 June, following the announcement of the 2017-18 Results.
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There has been speculation in the UK media that Moya Greene may be looking to step down from her position of CEO at Royal Mail in the near future.
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The members’ consultation period on the future of the Royal Mail Pension Plan (the Plan) closed on Friday (10 March).
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Royal Mail has announced that, from 27 March, the price of a First Class stamp will increase by 1p to 65p and the price of a Second Class stamp will increase by 1p to 56p. In addition, the price of a Large Letter First Class stamp will rise by 2p to 98p; a Large Letter Second Class stamp will rise by 1p to 76p. In a statement issued on Friday (24 February), Royal Mail said: that the increases are “necessary to help ensure the sustainability of the Universal Postal Service”. Royal Mail added: “Our stamp prices are amongst the...
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Royal Mail has launched the ‘Royal Mail Property & Facilities Solutions’ business entity.
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