The Communication Workers Union has accused Royal Mail’s court action against a planned strike as a “desperate delaying tactic” and claimed industrial action is “inevitable”, after the High Court ruled the scheduled walkout to be unlawful yesterday. Industrial action over disputed pension reforms was scheduled for 19 October, having been voted for by 89% of CWU members at Royal Mail, with a 73% turnout. Contesting the legality of the strike in light of an agreement signed by both parties in […]
Profit fell by almost a third at Royal Mail in the first half of the current financial year, as the business invested heavily as part of its ongoing modernisation.
Royal Mail is to make deeper cost savings across the business, as its half-year results report a 1% rise in group turnover.