Royal Mail shares dive as UK sends less. - This is Money.

AROUND 100 postmen and women walked out on unofficial strike from the Bridgwater Royal Mail Delivery Office in Friarn Street earlier today (Thursday, June 4). The Communication Workers Union (CWU) which represents the employees says members believe the Royal Mail is using the Covid-19 crisis as a 'smokescreen to attack the strong trade union' based at the Bridgwater office.

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Royal Mail is stopping its Saturday post deliveries due to coronavirus. The 'temporary' measure will be in place from this weekend onwards, meaning that no letters or other post will be delivered.

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Royal Mail deliveries could stop as postal workers complain of delivering 'pointless junk mail' during the coronavirus lockdown. It comes as union leaders are encouraging staff to call in sick.

Royal Mail’s defined benefit (DB) pension scheme was closed to new members in March 2008 and new employees are provided with a defined contribution (DC) pension. The DB arrangement closed to future accrual in March 2018; members of this scheme have been transferred into a temporary cash balance arrangement while awaiting legislation permitting the creation of collective defined contribution.

Lost and damaged items. At Post Office, along with our Royal Mail partner, we do everything we can to make sure your post gets to you safely and on time. But sometimes things go wrong. We have a range of services that include compensation for loss, damage and delay.

Royal Mail is the UK's designated Universal Postal Service Provider, supporting customers, businesses and communities across the country. We are the only company that has the capability to deliver a 'one-price-goes-anywhere', six-days-a-week service on a range of letters and parcels to more than 29 million addresses across the UK.

Royal Mail shares crashed to an all-time low as another row with unions threatened to derail its turnaround plan. On a further bleak day for investors in the 504-year-old organisation, shares fell.

THE Royal Mail is making changes to delivery office depot opening and closing hours, as well as deliveries. The new changes have been put in place to ensure the safest and most reliable service.