Royal Mail shareholders have been advised to sell their shares in the wake of the newly announced pay and pension deal. Yesterday the postal operator announced its board had approved the agreement reached with the Communication Worker’s Union, bringing an end to the long-running pay feud. Employees will receive a 5% pay rise backdated to October 2017, which will also apply to the 2018/19 financial year. They will then see a 2% pay rise in April 2019. Market analyst Jefferies […]
Royal Mail and the Communication Workers Union (CWU) have revealed the details of their agreement which has ended the lengthy dispute between the two parties.
The Unite union has given its backing to HGV drivers’ grassroots campaign #TruckedOff, which aims to highlight the “dreadful employment conditions” being endured in the industry.
Royal Mail is facing strike action after four weeks of negotiations on pension reforms ended in stalemate.