Royal Mail plans to cut 2nd-class deliveries to save £300m a year
The company is looking to offload 115 directly owned branches within its 11,500 network, which could see them transferred to retail partners or postmasters or potentially closed.model where a company grants permission to an individual or group to operate a business using its brand, products, and processes in exchange for a fee.
He added the overhaul also "begins a new phase of partnership during which we will strengthen the postmaster voice in the day-to-day running and operations of the business, so they are represented from the frontline to the boardroom". Whitehall insiders admitted that the Post Office is in a lot of trouble and is only financially viable because of an annual subsidy it receives from the government., it has been labelled Britain's biggest miscarriage of justice after they were accused of stealing cash from their branches., who tirelessly campaigned for justice, is still waiting to agree on a compensation settlement and has called on the government to consider suing former directors of the company.
It was fewer shops than had been lost for several years, and a reduction from 151,641 jobs lost in 2022.Although there were some big-name losses from the high street, including Wilko, many large companies had already gone bust before 2022, the centre said, such as Topshop owner Arcadia, Jessops and Debenhams.
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