Business, Economics, Stock markets, FTSE, Water industry, Royal Mail Business | The Guardian
Rolling coverage of the latest economic and financial news, as Royal Mail’s parent company IDS agrees takeover offerThe Labour Party has said it will make sure that Křetínský sticks to his promises regarding Royal Mail, should it win July’s general election.In a statement, Labour welcomes Křetínský’s commitments (see earlier post), saying:“These assurances are welcome that Royal Mail will retain its British identity and safeguard its workforce with no compulsory redundancies. Labour in government will ensure these are adhered to.”base salaries, wage rates and cash/equity incentive opportunities will, at a minimum, be maintained (save for any adjustments to cash/equity incentive opportunities to take into account the de-listing of IDS Shares); andbenefits and allowance packages (including pension benefits) will be no less favourable than those in place as at completion of the Acquisition. Continue reading…
Rolling coverage of the latest economic and financial news, as Royal Mail’s parent company IDS agrees takeover offer
The Labour Party has said it will make sure that Křetínský sticks to his promises regarding Royal Mail, should it win July’s general election.
In a statement, Labour welcomes Křetínský’s commitments (see earlier post), saying:
“These assurances are welcome that Royal Mail will retain its British identity and safeguard its workforce with no compulsory redundancies. Labour in government will ensure these are adhered to.”
base salaries, wage rates and cash/equity incentive opportunities will, at a minimum, be maintained (save for any adjustments to cash/equity incentive opportunities to take into account the de-listing of IDS Shares); and
benefits and allowance packages (including pension benefits) will be no less favourable than those in place as at completion of the Acquisition.
