Royal Mail Launches Consultation on DB Closure
The plan, which was first announced in August last year, could affect around 90,000 employees. The scheme reported a surplus of £1.77bn on an IAS 19 accounting basis as of 31 March 2016, with assets of £7.44bn and liabilities of £5.67bn. However, costs of running the scheme are expected to more than double in 2018, […]
Leading Rail Freight Operator DB Cargo Enjoys Double Celebration
DB Cargo, one of the UK’s leading rail freight operators, is enjoying a double celebration. The firm has further improved its production capabilities with the opening of a new wheel lathe facility in Toton. Meanwhile, DB has also been awarded key accreditation from the Railway Industry Supplier Approval Scheme (RISAS) to produce powered wheel sets […]
