Royal Mail has said there are “no grounds” for the strike action its employees voted in favour of yesterday, as tensions over a range of issues including pensions came to a head. With a 73% turnout, the Communication Workers’ Union (CWU) members voted 89.1% in favour of taking action in the first strike ballot since Royal Mail entered the stock market as a private firm in 2013. But the postal operator warned action would undermine the trust of customers and […]
Ofcom has said it does not see competition from final-mile delivery firms as a threat to Royal Mail’s ability to continue to provide a universal postal service.
The government is to sell its remaining stake in Royal Mail, completing the company’s journey from public-to-private road transport heavyweight.