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Royal Mail talks with union end without a deal; UBS chair warns Credit Suisse takeover has ‘risks’ – business live

TheGuardian

Still no agreement after 11 months of talks between the postal firm and CWU; Swiss bank UBS faces investors over merger with Credit Suisse The UBS chairman has told investors that the emergency takeover of Credit Suisse last month marked a “historic day” but one that the Swiss bank “hoped would not happen,” as he warned the first-ever merger of two (..)

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Ministers should check their post – Royal Mail's problems are stacking up | Nils Pratley

TheGuardian

Vital restructuring is stalled, it’s at war with the CWU union and the business is losing £1m a day It is only two years since Moya Greene departed as chief executive of the Royal Mail, accompanied by a near-£1m golden goodbye and claims that the organisation had been “transformed” since privatisation. Continue reading.

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Melissa Unveils ‘World Encyclopedia’ To Ensure Address Accuracy

PYMNTS

A comprehensive guide to international mailing, the publication is available through the company’s website or on Amazon , according to an announcement. . Melissa has teamed with the United States Postal Service and postal organizations including Royal Mail, Deutsche Post, Canada Post and Universal Postal Union, among others.

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Britain’s $2B Royal Commerce Boon

PYMNTS

tabloids busy since the wedding was announced in November. The royal birth is the second springtime event for the U.K., The royal baby will add between $68 million and $100 million to the U.K. economy over the next year; the royal wedding, on the other hand, is expected to add $2.4 The Royal Boon.

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Post And Parcel Missing Out On Digitization, Says Accenture

PYMNTS

Technologies like the cloud, mobile, Big Data, robotics and other innovations are key focuses for businesses across all industries. The industry, Accenture found, ranks strong as having more “business leaders” than other industries — meaning post and parcel scores well with strong financial performance but lags in digital enablement.

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The Bank of England fears worker power, but most are taking a real-terms pay cut

TheGuardian

Conditions have improved for a select few but on wages and flexible hours, the trend for employees is generally backwards. Can the rate-setters grasp that? Goldman Sachs has bowed to demands for a less stressful workplace by offering a “flexible vacation” scheme that allows senior bankers to take a holiday whenever they feel like a break.

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Caught between PayPal, eBay and Royal Mail over the return of a faulty phone

TheGuardian

They all agree I should get my money back … but I can’t get one to take responsibility An expensive phone that I bought on eBay, and returned because it was faulty, has been lost in transit and, although everyone agrees I should get my money back, eBay, PayPal and Royal Mail are all refusing to take responsibility. Continue reading.

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