Tag: Royal Mail

Royal Mail has formally asked the Department of Trade and Industry to allow staff to be given a stake in the company as part of its proposals seeking the government’s financial backing for a pounds 2bn modernisation programme. Royal Mail’s chairman, Allan Leighton, has been pressing for some time for workers to be given up to 20% of the company to improve efficiency and competitiveness following full liberalisation of the postal market at the beginning of the year.
Yesterday a Royal Mail spokesman said: “The proposals include giving an equal stake in Royal Mail to all of its people to reinforce their commitment to tackling the challenges posed by competition and to reward them for future success.”

Royal Mail’s former head of media markets Richard Roche is leaving the company following the reorganisation of its sector marketing division. It emerged earlier this year that Roche had been left without a job after a restructure was called by Royal Mail’s marketing director Alex Batchelor. However, a spokesman said at the time that Roche was still with the company and he was said to be in the running to replace Gordon Steele as sales and marketing director of the Post Office. But it is now understood that Roche will leave at the end of this week. He has effectively been replaced by Antony Miller, although Miller takes up the newly created role of head of media development. A Royal Mail spokesman confirms Roche’s departure and points out that the media development team under Miller has doubled in size following the restructure.