More Than photograph

More Than

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FoundersRoyal & Sun Alliance Insurance Group
Parent organizations RSA Insurance Group
HeadquartersUnited Kingdom
Founded2001
SubsidiariesRoyal & Sun Alliance Insurance Company of Canada, Inc.
Date of Reg.
Date of Upd.
ID1048700
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About More Than


More Than is an insurance company based in the United Kingdom that offers motor, home, pet and travel insurance. Its business arm More Than BUSINESS offers business insurance. The company is a subsidiary of the RSA Insurance Group. The brand launched in 2001, under the slogan of "Don't Accept Less Than More Than".

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Royal Mail , the cut is about a fifth of its management jobs, as it struggles with The Effects of the coronavirus crisis.

He said the pandemic had accelerated the trend to more packages and fewer letters being sent, and that they have not adapted quickly enough that.

The Company wants to £130m savings.

Royal Mail has been faced with challenges for A Number of years, and the former chief executive Rico Back from The Business in may.

It currently has about 9,700 Manager, with 2,000 jobs expected to be cut, following a consultation process.

The Job losses hit most of managerial functions to the hardness, and half of them set to go, and, above all, to fall on the so-called "back-office" jobs, including financial, commercial and IT sector.

Frontline post office staff are not likely to be said to be affected, because The Royal needs Mail, in order to preserve "quality of service", a spokesman.

Royal Mail 's pick of middle managers - One -fifth of the close to 10 000 Total - is a warm-up for a much tougher negotiations with front-line employees.

The Company had a fractious relationship with its employees and the Communication Workers' Union for several years, and his attempts to change, terms and conditions, including pensions, have been fraught with difficulties.

Chairman Keith Williams , who as chief executive after the abrupt departure of Rico Back in The Last month, stump said about The Need for change, The Company had not adapted "quickly enough to The Changes in our marketplace and more packages and fewer letters".

could have The concise diagnosis at any time were written in The Last ten years, and it is perhaps a little surprising that after More Than a decade, organisational changes, The Company still has 10,000 people in leadership positions.

The Job cuts are still the subject of consultation. The larger battle, with the CWU, nor expected.

Royal Mail , said that the planned job cuts, the want to do it, from March 2021, would save costs of £130m on "people".

The Company did not pay a dividend to the shareholders in the year 2020, and on Thursday, that it will not pay a dividend in year 2021, either. Royal Mail shares fell nearly 7% in early trading.

In the year to March 2020, The Company made a profit before tax of £180m, down from £241m in the previous year.

The coronavirus crisis caused the loss of jobs in A Number of industries in the UK So Far .

The air travel industry was particularly hard. On Wednesday, the airport ground handling giant Swissport announced.

you Have been affected by the Royal Mail job losses? Share your story by E-Mail.

Please enter a phone number to talk if you are willing to have a journalist of the BBC.

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coronavirus pandemic, royal mail, companies

Source of news: bbc.com

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