Tag: Royal Mail

Postcomm grants licence exemption to Royal Mail for changes to Sameday Service

Postcomm, the independent regulator for postal services, has decided to approve an application from Royal Mail for an exemption from the notification requirements under Condition 7 of its licence for changes to its Sameday service.

Condition 7 of its licence requires Royal Mail to notify Postcomm of any changes to existing prices and services three months before they are introduced and to publish information about such changes after this notification.

Following consultation on this issue, Postcomm approved Royal Mail’s request on the basis that Sameday appears to be offered in a developed sector of the market, so that lifting the notification requirements for this service should not adversely affect customers

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Industry shows commitment to enablin women to succeed

Minister for Women, Ruth Kelly, launched a new drive today to step up efforts to reduce the gender pay gap and promote better work-life balance throughout the workplace.

She announced that more than 100 companies and organisations have signed up to a Exemplar Employer scheme since its launch in September. The Exemplar Employer scheme requires organisations to give a clear commitment to reducing the gender pay gap through projects ranging from encouraging women to find out and enter into jobs traditionally done mostly by men, to supporting mothers to return to work, to creating better quality opportunities for staff working part-time.

The first wave of organisations signed up range from high street names such as Asda to city companies such as Goldman Sachs to Parcelforce to construction firms.

Ruth Kelly also launched and opened bids for a new Quality Part-Time Work Fund, available to employers to finance trouble shooters who will advise on how to create and retain more part time jobs for women at a senior level.

Both the Exemplar Employer and Quality Part Time Work schemes have been created by the Government in response to the Women and Work Commission report, which looked at the causes of the gender pay gap. Creating a more flexible working world was one of the key recommendations made by the Commission as a way to way to increase the number of women – and the quality of roles available part-time and flexibly – in the workplace.

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30,000 Royal Mail jobs under threat

More than 30,000 postal employees face redundancy over the next 18 months as the Government and Royal Mail finalise details of a ‘phantom’ share scheme, which will give every worker a stake worth up to Pounds 5,000.

The windfalls are expected to make the latest round of redundancies more palatable for the 200,000 workforce. All of the cuts will be voluntary. A similar scale of losses was introduced two years ago.

Redundancies are inevitable because part of the restructuring of Royal Mail will be Pounds 1 billion in cash from the Government, which will be used to install sophisticated sorting machines. The restructuring will also allow Royal Mail to reduce the size of its Pounds 5 billion pension deficit.

Modernisation will mean fewer workers are needed. The job cuts are expected to start in six months to a year after the new machines have been installed and are running efficiently.

Details of the share scheme will be unveiled in the next two weeks and it will resemble the one operated by Unipart. But unlike workers at the Oxford logistics company, who have to buy their shares, Royal Mail staff will initially be given theirs free.

The postal workers, who will own 20 per cent of the business, will be allowed to trade shares twice a year at a price to be set by an independent body.

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TNT plans UK expansion

TNT NV said it is considering plans to intensify its challenge to the UK”s state-owned postal group Royal Mail as it declined to comment on speculation that it is planning a bid for Deutsche Post AG.

Chief Executive Peter Bakker said TNT is conducting pilot schemes in a number of UK cities to assess the financial viability of setting up “end-to-end” mail networks, which would enable TNT to deliver mail as well as collect and sort it.
Bakker told AFX News in an interview on the sidelines of the World Economic Forum in Davos that TNT is conducting experiments in Manchester and Glasgow to assess whether it can generate sufficient mail volumes to make end-to-end networks viable.
Meanwhile, the company refused to comment on speculation that it is interested in German logistics giant Deutsche Post AG.

Shares in the latter outperformed the market on Jan 18 amid the rumours, although one Frankfurt-based trader said he thinks the rumours are unrealistic because TNT is much smaller than Deutsche Post.
Bakker said, meanwhile, that TNT is undertaking a number of initiatives to try to reduce carbon emissions from its planes and trucks.

It is experimenting with biofuel-powered lorries in Amsterdam and with zero-emission electric trucks in the UK.

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