Tag: Royal Mail

Postal workers to vote for strikes after cash handling dispute

Posted by | Nov 14, 2002 | |

Postal workers were today expected to vote in favour of strikes in a dispute over the sale of the Royal Mail’s cash handling business to a private firm.

About 3,000 members of the Communication Workers Union have been balloted on industrial action in protest at plans to sell the business to Securicor.

The union fears that jobs and working conditions will be hit if the move goes ahead and is expected to name dates for strikes later in the week if there is a Yes vote.

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A share in success on the way to everyone in Royal Mail Group

Posted by | Nov 14, 2002 | |

Everyone in Royal Mail Group will get a share in the future success of the company worth at least £800 if the Group hits targets in its renewal plan, Chairman Allan Leighton announced today. “The ‘Share in Success’ scheme will – for the first time – give everyone a real stake in the business,” said Mr Leighton. All UK employees with at least 12 months’ service at the time of payout will be eligible.

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Royal Mail attacks regulator

Posted by | Nov 13, 2002 | |

Royal Mail Group yesterday accused Postcomm of giving an unfair advantage to its foreign competitors after the postal regulator published the terms and conditions for its new long-term licences. The standard permits, to be introduced from January in place of the 12-month interim permits, will allow rival operators to approach any company to deliver mail within the licensed area.

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Royal Mail switch too slow for Business Post

Posted by | Nov 13, 2002 | |

Parcel delivery group Business Post yesterday said it was frustrated at the lack of progress in opening up the Royal Mail to competition from the private sector.

It is one of the companies proposing to collect and sort bulk mail on behalf of business customers before handing it over to the Royal Mail’s postmen for delivery over “the final mile”. But the launch of the service has been delayed while negotiations continue on the charge the Royal Mail will make for access to its network. The terms of the contract are due to be published by industry regulator Postcomm next month.

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Bulk mail delivery operation booming

Posted by | Nov 13, 2002 | |

Birmingham-based Royal Mail rival, Business Post, is growing its operations at 15 per cent, even before January’s move to end the postal monopoly.

Chief executive Paul Carvell said he expects the company to double its annual turnover after it gets a full licence to help in the delivery of bulk business mail.

He said: ‘I still believe that our goal of three per cent market share, of a market worth pounds 5.3 billion, is possible.

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