Tag: UK

Attendance levels improve 18% across UK Royal Mail

Posted by | May 25, 2006 | |

Sick absence has been cut significantly as postmen and women increased their attendance levels by 18% over the 2005-06 financial year, Royal Mail announced today. The latest improvement builds on earlier gains and underlines the success of a Royal Mail incentive scheme offering employees with a 100% attendance record the chance to win a new car in a draw. The winners of 39 Vauxhall Astras have been collecting their prizes, while 780 Royal Mail people won shopping vouchers. In total, nearly 56,000 employees did not miss a day at work during the 12 months to March 2006 and all have been sent a GBP150 holiday discount voucher as a “thank you” for their commitment.

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UK postal union threatens national strike

Posted by | May 24, 2006 | |

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”.

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Parcel services hit Business Post

Posted by | May 24, 2006 | |

Business Post reported a 74 per cent fall in pre-tax profit after persistent problems at its core parcel services business. The company, which has issued four profit warnings in 16 months, said pre-tax profit fell 74 per cent to Pounds 5m for the year to March 31, in line with expectations. Sales rose from Pounds 233.3m to Pounds 278.2m. Its shares rose 31 3/4p to 379p yesterday. Guy Buswell, the chief executive brought in last December to turn the company round, said: “This is not great news on a numbers basis but we have done a lot since January and I have absolute confidence in the recovery.”

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TNT Post retains GLA distribution rights for The Londoner

Posted by | May 24, 2006 | |

The Greater London Authority is to continue its contract with TNT Post for the door-drop distribution rights for free newspaper The Londoner for the third consecutive year, in a deal worth GBP1.3m. The 12-month contract was awarded after what Greater London Authority described as a “competitive tender process against competing distributors”. Charles Neilson, managing director at TNT Post said: “The renewal of the contract for the third year running clearly demonstrates our continued ability to provide an unrivalled, high-level service.”

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