Sentences with phrase «royal mail»

He said: «The Royal Mail needs to change and modernise to turn itself round and compete effectively».

The company has tried to make out that problems only exist in some local offices, but postal workers across the UK have now spoken and they say no to Royal Mail's arrogance.»

The union accuses Royal Mail of carrying out changes «by diktat» without considering its staff.

The Royal Mail's management have indicated they would attend talks at Acas if the CWU called off the walkout by up to 120,000 union members.

At the same time, Royal Mail is a market leader and the company's profits rose by 26 per cent to # 404 million in 2010.

Business Secretary Vince Cable said the report showed the Royal Mail was «facing a combination of potentially lethal challenges», and said he would be putting forward new legislation, possibly as soon as next month.

What we want to do is get Royal Mail fit for the 21st Century, but it's got to be through agreement, not dictatorship or imposition.»

He said: «The Royal Mail has a diminishing revenue stream but the nature of its work is very labour intensive, it employs and has employed a lot of people.

«We are determined to safeguard Royal Mail for the future and help it tackle these challenges.

As thousands of postal workers mounted picket lines in the first of two 24 hour walk - outs, further industrial action is expected to be announced in an escalation of the bitter Royal Mail dispute.

Earlier this year business secretary Peter Mandelson abandoned plans to part - privatise the Royal Mail, and Ralfe says the pension problem is yet to be answered.

Former Ofcom director Richard Hooper, said the Royal Mail's financial situation had got even worse since his original report in 2008, and warned that its growing # 10bn pension deficit was unsustainable.

The CWU says that the «scale of change planned by the Royal Mail is frightening and unprecedented».

Two years ago, the CWU managed to fight off Lord Mandelson's plans to part - privatise the Royal Mail with the backing of Labour MPs.

Royal Mail's pension scheme assets total around # 26 billion.

CWU members have been in a bitter row with the Royal Mail over jobs, pay and services since June.

«Last night Royal Mail and the CWU did reach a negotiators agreement and a set of words and the plan was for the CWU to take that back to their main committee for approval this morning,» he told Channel 4 News.

Deputy general secretary of the CWU Dave Ward said: «This is a huge vote of no confidence in Royal Mail management.

The government is set to go ahead with its controversial plans to sell or privatise the Royal Mail.

The Communication Workers Union is embroiled in a dispute with Royal Mail over pay, conditions and modernisation.

Strikes are already being threatened by a number of unions, including those representing British Airways cabin crew, Royal Mail staff, and a number of public sector employees, including the BBC.

It's the best way to secure a future for Royal Mail and make sure that we can send mail anywhere in the country for the same price.

Twelve years of shameful neglect by New Labour ministers have brought Royal Mail to its knees.

Labour's shadow business secretary Chuka Umunna said the Government was selling off the Royal Mail to make amends for George Osborne's «failed plan»:

The Government has not addressed the huge concerns which remain on the impact the Royal Mail sale will have on consumers, businesses and communities, but ministers are ploughing on regardless.

We are ready to provide the Government with the majority that the Parliamentary Labour party won't let it have, because it is the best way to save Royal Mail.»

She has also worked for companies like ExxonMobil and the public sector with the Royal Mail.

6 pm Michael Fallon MP on Comment: How our share sales plan will boost Royal Mail and secure the universal service

«A union - backed campaign group which opposes Royal Mail privatisation is using the names and addresses of dead people and those with learning difficulties to target MPs, it emerged last night.

On Friday the Adam Smith Institute published a report calling on David Cameron to sell the government's stakes in the nationalised banks, Royal Mail, Network Rail, BBC Worldwide, Channel 4 and other state assets.

Read more: Business Editor Laura Kuenssberg on why the Government and the unions are in a race over the Royal Mail sell - off

Ministers are pushing ahead with this politically motivated fire sale of Royal Mail to fill the hole left by George Osborne's failed plan.

We will retain the public's stake in Royal Mail, alongside securing the universal service obligation after its expiry in 2021, ensuring that Royal Mail services continue to be available through the Post Office network and that all postal service operators are subject to high performance and service quality standards.

Billy Hayes, general secretary of the Communication Workers Union, said: «We are pleased that the secretary of state recognises the importance of the government retaining its stake in Royal Mail and should see that as a long - term responsibility.

In a move branded as «amazing hypocrisy» by one recipient, Labour have today launched a massive direct mail campaign BUT at a time when many in the Labour Party are questioning the Government's attempts to modernise the Royal Mail, the Lancashire Labour Party have decided to employ the Dutch company, TNT Post, to deliver their campaign literature — postage paid.

Running a finger down the Guardian's list of ins and outs, I notice that grumpy Michael Fallon, a great survivor (the under - priced Royal Mail sale was his latest car crash), finally makes the cabinet as defence secretary.

He sponsored the Hooper Report into privatising and modernising Royal Mail and Bernard Grey's Report into how to cut the cost of defence procurement.

Taxpayers had a raw deal from the sale of Royal Mail because it was priced too cheaply, the National Audit Office will say today.

While it has received # 28.8 billion of assets from the pension fund, it has also been left with # 37.4 billion of liabilities, which are the pension promises made to Royal Mail's workers.

One leftist MP today said that giving Royal Mail over to Dutch and German managers was «an insult to British managers».

«a publicly owned Royal Mail fully restored to good health, providing customers with an excellent service and its employees with rewarding employment».

Amyas Morse, head of the NAO, said the Department for Business had been «very keen'to sell Royal Mail in order to prevent the company becoming a burden on the taxpayer.

She has appeared to oppose government plans to part - privatise Royal Mail and to build a third runway at Heathrow Airport while adopting a hard line against bankers» bonuses.

«Royal Mail's working practices are inefficient, competition is intensifying, industrial relations are poor and sorting machinery is outdated, while the fixed price of a stamp and a huge pension deficit seriously limit room for manoeuvre.

If we had put it on the market at a much higher price, we would have been left with a fatally damaged Royal Mail.»

When the Royal Mail floated last year, Business Secretary Vince Cable said he was looking for long - term stability from «the right kind of investor community».

Bringing in a partner through a minority stake in the Royal Mail's postal business will help us to deliver that goal.

He certainly would be a poor choice to oppose Vince Cable given his record on Royal Mail: although he claims that «this government has a very different solution to that (previously) advocated by Labour ``, that will fail convince most Labour MPs let alone the public.

It will bring the Royal Mail fresh investment and new opportunities to grow in Europe and internationally, and to offer new services.

We and the Royal Mail have already received one expression of interest from the Dutch postal company, TNT, to build such a partnership.