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Royal Mail Launches Consultation on DB Closure

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 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 […]