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Royal Mail's industrial disputes include a seven-week strike in 1971 after a dispute over pay and another strike in 1988 due to bonuses being paid to new staff recruited in London and the South East. [94] Royal Mail suffered national wildcat strikes over pay and conditions in 2003. [95]
The CWU announced a second ballot on 20 July 2022 over Royal Mail's proposed job restructuring. [23] Royal Mail said it would consider splitting its postal business from its more profitable international logistics operations if unions would not accept the restructuring plan, noting that it was losing up to £1 million per day.
After the opening up of the industry, competitors such as Whistl and UK Mail found their place offering business postal solutions. These companies, despite being competitors to Royal Mail, hand over sorted mail to the Royal Mail for "last mile delivery" due to the sheer dominance the latter hold in a process called 'Down Stream Access'. [3]
Here’s exactly what to know about December 26 mail delivery in 2023. Is the post office open today? Yes—Great news for those looking to send a New Year’s card .
You can find instant answers on our AOL Mail help page. Should you need additional assistance we have experts available around the clock at 800-730-2563. Should you need additional assistance we have experts available around the clock at 800-730-2563.
Following the IPO, 52.2% of Royal Mail had been sold to investors, with 10% given to employees for free. Due to the high demand for shares, an additional 7.8% was sold via an over-allotment arrangement on 8 November 2013. This left the government with a 30% stake in Royal Mail and £1.98bn raised from the sale of shares. [22]