Tag: Royal Mail

UK postal union threatens national strike

The postal workers’ union is threatening the first national postal strike for a decade, saying it is on a “collision course” with Royal Mail over plans for a free share issue. The Communication Workers Union gave the state-owned company four weeks to resume pay negotiations and withdraw plans to give workers free shares or face a vote for the first national postal strike since 1996. The union is also seeking guarantees on job security and pensions. The union warned that issuing shares, representing up to 20 per cent of the value of the business, to staff could open the door to the eventual privatisation of the company. CWU represents 160,000 of Royal Mail’s 200,000 workers. The strike threat emerged at the union’s annual conference in Bournemouth, where the CWU reported that more than 90,000 workers had voted in favour of the union’s view that there should be “no issue of shares as a first step to privatisation”.

Read More

Royal Mail clashes with union over shares plan

The Royal Mail was on a collision course with the main postal workers’ union today when a fresh row blew up over the future of the industry. The Communication Workers’ Union announced that a huge majority of its members were opposed to the idea of shares being given to workers. The union said a consultative ballot showed that 90,103 of its members supported the CWU’s vision of a publicly owned Royal Mail – a majority of 98.5%. A separate ballot run by an independent company showed that of 1,000 union members polled 949 backed the union. Within minutes of the announcement, the Royal Mail revealed it had asked an independent auditor to examine the union’s ballot as well as one that the company has been holding in recent weeks. Royal Mail chairman Allan Leighton said that 80,000 workers supported his idea for issuing shares.

Read More

UK post strike threat looms in pay dispute

The threat of a national postal strike was set to come a step nearer today when workers decide whether to set a deadline for resolving bitter disputes over pay and the future of the Royal Mail. The Communication Workers Union has clashed with the postal organisation after a 2.9% pay rise was imposed and chairman Allan Leighton made clear his intention to press ahead with issuing shares to workers. The union believes shares would open the door to privatising the Royal Mail, despite denials from Mr Leighton. Delegates at the union’s annual conference in Bournemouth will today discuss an emergency motion which sets a four week deadline for making progress, otherwise a national strike ballot will go ahead. The motion calls for pay talks to be reopened and attacks the Royal Mail for trying to “marginalise” the union. General secretary Billy Hayes accused Mr Leighton of being an “out of control civil servant.”

Read More

UK Royal Mail refuses to comment on US talks

Royal Mail yesterday described a report that it is in talks with the US companies Fedex Corporation and UPS over an alliance with its pan-European parcels business General Logistics Systems as “speculation” and declined further comment. The Sunday Times reported Royal Mail was in talks with the two US companies over what it described as a ground-breaking European alliance. It said chairman Allan Leighton was still undecided which of the two companies to choose but was keen to use GLS to break into the postal markets in France and Germany.

Read More

UK Royal Mail seeks alliance with American parcel giant

Two of the world’s biggest postal groups, Fedex Corporation and UPS, are in advanced negotiations to set up a groundbreaking European strategic alliance with Royal Mail. Allan Leighton, chairman of Royal Mail, is still deciding which of the two potential American-owned partners to pick but it is thought he is close to creating a new company that could transform the financial prospects of the British mail group. Leighton did not reveal the talks with the two US postal giants — Fedex, which is capitalised at USD33 billion (GBP17.5 billion), and UPS, worth USD52 billion. He wants the European operations of Fedex or UPS to team up with Royal Mail’s General Logistics Systems. GLS runs a pan-European parcels business and is Royal Mail’s most profitable operation.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

How ready do you feel for the de minimis changes coming in July?

Thank you for voting
You have already voted on this poll!
Please select an option!




Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

 

Pin It on Pinterest