Tag: Royal Mail

UK Royal Mail recruits new finance chief

Ian Duncan, 45, chief financial officer and senior vice-president of the nuclear design and technology group Westinghouse, is to join Royal Mail as finance director. Reporting to chief executive Adam Crozier, Mr Duncan will be a member of Royal Mail’s main board and takes up his new position on September 1. He spent three years as an auditor with the chartered accountants Deloitte and Touche, before joining investment bankers Dresdner Kleinwort Wasserstein and then British Nuclear Fuels, which first acquired and then sold Westinghouse.

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Rivals aim to deliver the goods as Royal Mail strike looms

As the Royal Mail faces up to its worst industrial crisis for years and the very real prospect of a damaging strike, rival companies such as TNT, DHL and Business Post will be aware of an opportunity.

Such companies have increasingly “cherry picked” the Royal Mail’s business – a trend that was given a fillip on 1 January when the Royal Mail’s letters monopoly was finally removed.

The state company’s competitors had already been creaming off the bulk mailing business used by large financial companies, utilities and government departments. Under a gradual deregulation process, rivals had been allowed to handle batches of 4,000 items and more since 2002. Under a so-called “access” agreement, private sector competitors collect the post from the organisations concerned, then distribute it to regional centres where it is then handed over to Royal Mail offices to be taken “the final mile”. The state-owned organisation receives 13p per item it delivers under the access arrangement, whereas the figure goes up to an average 17p if it supplies the full service.

Since 1 January and “full liberalisation”, Royal Mail’s competitors have been introducing services for smaller batches of mail, eating further into the Royal Mail’s bread-and-butter operations. Business Post’s UK Mail division has recently launched a service for volumes as low as 250 letters a day.

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Business & Media: Royal Mail faces first national strike since 1996

POSTAL UNIONS are poised to call for the first national strike in a decade tomorrow after rejecting a pay deal with the Royal Mail following talks last week.

The postal executive of the Communication Workers Union is expected to recommend strike action to its 150,000 members when it meets tomorrow. The decision follows intensive talks over a 2.9 per cent pay offer that has been imposed on employees.

During negotiations on Friday between Royal Mail head of personnel Tony McCarthy and the CWU’s deputy general secretary Dave Ward, the Royal Mail offer was increased to around 3.5 per cent.

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Postal strike looms over pay row

The threat of the first national postal strike for a decade came a step closer today when union leaders decided to ballot 130,000 workers for industrial action in a bitter row over pay.

The Communication Workers Union said its members will decide over the next few weeks whether to launch a campaign of industrial action in protest at an imposed wage rise of 2.9%.

Ballot papers will be sent to postal workers on July 10 and the result will be known at the end of the month.

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UK postal strike looms over pay row

The threat of the first national postal strike for a decade came a step closer today when union leaders decided to ballot 130,000 workers for industrial action in a bitter row over pay.

The Communication Workers Union said its members will decide over the next few weeks whether to launch a campaign of industrial action in protest at an imposed wage rise of 2.9%.

Ballot papers will be sent to postal workers on July 10 and the result will be known at the end of the month.

The union’s deputy general secretary Dave Ward said the Royal Mail was being given a week to try to reach a deal, adding: “Royal Mail should be under no illusion that the CWU is prepared to take decisive action to defend the pay and future job security of our members.

“I would suggest that Royal Mail seize this opportunity and work hard to reach an acceptable agreement or a strike ballot will take place.”

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