The Royal Mail has said that it will have to raise prices for customers and cut costs amid the growing cost of living crisis.
After it was confirmed by the Office for National Statistics (ONS) yesterday that UK inflation has now risen to 9% – which is the highest the figure has been for the last 40 years – with prices hiked across a broad range of everyday goods and services during April, the Royal Mail has issued a statement this morning warning that it sees “significant headwinds” from rising costs – including wages, energy, and fuel.
In an attempt to bolster its position, the postal and courier service revealed that it aimed to make cost savings of £350 million over the course of its current financial year.
Today’s statement on price rises comes after the group already notably hiked the cost of posting letters by an average of around 7%, and parcel prices by an average of about 4% – which took the cost of a first-class stamp to 95p, and a second-class stamp to 68p.
But the Royal Mail says it still sees numerous threats from rising costs ahead, and claimed that it is now at a “crossroads”.
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The Royal Mail has said that it will have to raise prices for customers and cut costs / Credit: Geograph | Royal Mail
Explaining the current situation in its most-recent results statement, the Royal Mail said: “We are now at a crossroads.
“We need to deliver the benefits from change more quickly to deliver sustainable growth. We have made significant operational change already, but this needs to translate into real efficiency savings which deliver a financial benefit next year and beyond.
“Delivery of our existing agreements and the successful transition into the next agreements, as part of the current negotiations with the CWU, will be key to future profitable growth. We have made a substantial pay offer to our people which will enable the change we need to remain competitive, grow and secure their jobs for the future.
“Our market is changing quickly, and agility in our response is key.”
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The UK’s largest postal and courier service claimed it’s now at a “crossroads” / Credit: Royal Mail
Speaking more on the need to raise prices and cut costs going forward, Simon Thompson – Chief Executive at the Royal Mail – added: “As we emerge from the pandemic, the need to accelerate the transformation of our business, particularly in delivery, has become more urgent.
“Our future is as a parcels business, so we need to adapt old ways of working designed for letters and do it much more quickly to a world increasingly dominated by parcels.”
He added: “Our focus now is to work at pace with our people and our trade unions to reinvent this British icon for the next generations, so that we can give our customers what they want, grow our business sustainably and deliver long-term job security for our great team.
Chester Zoo announces return of its £10 tickets for limited time only with extended opening hours
Emily Sergeant
Chester Zoo has announced the return of its popular £10 tickets deal for a limited time only.
You may remember that earlier this summer, Chester Zoo invited people from across the North West to visit for just £10, and as the offer proved so popular, they’ve now brought it back again for a limited time.
For the past three years running now, Chester Zoo has officially been named the UK’s best zoo thanks to tens of thousands of positive TripAdvisor reviews, and now as the summer draws to a close, you’ll get to see exactly what makes it such a special place worth visiting for a cut price.
With the offer only applicable to afternoons this summer, Afternoon Tickets allow entry to Chester Zoo from 2pm onwards – with the last entry being one-hour before it closes.
Chester Zoo is offering £10 tickets to visitors this summer / Credit: Chester Zoo
Without this offer, standard admission tickets to Chester Zoo usually cost up to £38 for adults, £37 for students, and £28 for children, all including a 10% donation to the zoo’s conservation efforts, while babies and carers go free.
So it really is worth making the most of these limited-time £10 tickets while you still can – with the offer now running until 6 September.
The best bit about the offer returning? The zoo is currently operating its extended opening hours until 6pm too, so included for the bargain price of a £10 ticket, you’ll even get to see all the animals while the sun goes down.
Afternoon tickets are only available online and must be booked in advance to claim the £10 offer.
Tickets can only be purchased online before 4pm on the day of your visit, and standard admission tickets can be purchased from our ticket office at the main entrance.
Find out more and book your £10 tickets online here.
Featured Image – Chester Zoo
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Major travel warning issued ahead of Manchester Pride this bank holiday weekend
Emily Sergeant
A major travel warning has been issued ahead of the upcoming bank holiday weekend.
Of course, Manchester Village Pride returns to the city centre this weekend from Friday 28 to Monday 31 August – with four days of music, live performances, and entertainment taking place to celebrate the LGBTQ+ community, and of course, the annual Pride Parade will be taking to the streets from 12pm on Saturday too.
Starting at midday on Liverpool Road, the Pride Parade will travel through the city centre via Deansgate, Peter Street, Oxford Street, Portland Street, and Whitworth Street, all before arriving in the Village and closing out at around 4pm.
Pride may be the biggest event in Manchester this weekend, but given the fact it’s a bank holiday too, it’s by far the only thing happening.
A major travel warning has been issued ahead of this bank holiday weekend / Credit: TfGM
As thousands of visitors gear up to visit the city in the next few days, travel warnings have been issued by Manchester City Council and Transport for Greater Manchester (TfGM), as road closures are in place and major traffic congestion is expected across the city centre.
For the celebrations to all take place as safely and seamlessly as possible, a full list of road closures and parking suspensions have now been published.
Drivers are advised to avoid travelling into the city centre by car if possible, particularly on Saturday, and should use other modes of transport – such as buses, trams, and trains – instead to best avoid all the closures.
But for those who do need to drive, they’re being strongly advised to ‘allow plenty of extra time’ for their journeys and check routes before setting off.
🏳️🌈 On Saturday [29 August], it's the #PrideParade so you'll see plenty of rainbows in the city centre.
To allow the parade to take place: – There will be road closures in place – Some buses may operate on diversion – Trams in the city centre may experience minor delays
Wherever possible, drivers are advised to park on the same side of the city as their route, as travelling across the city to reach a car park could add additional time to the journey.
“Plan ahead if you’re travelling over the bank holiday weekend,” Manchester City Council said in its travel warning.
“A number of other major events are taking place across the city, including live events at Wythenshawe Park and Manchester United’s first home game of the season, which are likely to increase demand on tram services and roads in and around the city centre.”