The Communication Workers Union (CWU) has pledged to take its fight to the courtroom after Royal Mail applied for a High Court injunction to prevent postal workers taking strike action later this month. Royal Mail said the CWU had failed to follow a legally binding dispute resolution procedure, making any strike action by its members illegal. It is an escalation in a long-running dispute over Royal Mail’s proposed new pension scheme and pay rates. It follows a CWU announcement last […]
Royal Mail began conditional trading on the London Stock Exchange this morning (11 October), with shares rising in value by over a third just an hour and a half into its listing.
Royal Mail is facing strike action after four weeks of negotiations on pension reforms ended in stalemate.