Breaking News
Investing Pro 0
🚨 Our Pro Data Reveals the True Winner of Earnings Season Access Data

Royal Mail staff begin first of Christmas strikes

Economy Dec 09, 2022 08:41
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. Royal Mail staff begin first of Christmas strikes
 
IDSI
+1.66%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
ROYMY
+2.94%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

Proactive Investors - Royal Mail workers have begun the first day of strikes ahead of the busy Christmas period as a row over pay conditions rumbles on.

Some 115,000 employees will walk out across the country, said Royal Mail, which is owned by International Distributions Services PLC (LON:IDSI).

Members of the Communication Workers Union (CWU) will strike on December 9, 11, 14, 15, 23 and 24 after negotiations between the union and Royal Mail broke down.

According to Sky News, millions of pieces of mail have already been piling up ahead of the action, with customers advised last week to post Christmas mail earlier than usual to avoid any delays.

The CWU said its members wanted a pay rise that matched inflation, currently 11.1%.

However, it has accused Royal Mail of wanting to turn the postal service into a gig economy similar to Uber (NYSE:UBER), and that management wanted to push through thousands of compulsory redundancies.

"Royal Mail bosses are risking a Christmas meltdown because of their stubborn refusal to treat their employees with respect,” Dave Ward, CWU general secretary told Sky News.

"Postal workers want to get on with serving the communities they belong to, delivering Christmas gifts and tackling the backlog from recent weeks.

"But they know their value, and they will not meekly accept the casualisation of their jobs, the destruction of their conditions and the impoverishment of their families," Ward added.

Read more on Proactive Investors UK

Disclaimer

Royal Mail staff begin first of Christmas strikes
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (5)
Sugar Man
Sugar Man Dec 09, 2022 9:49
Saved. See Saved Items.
This comment has already been saved in your Saved Items
If the unions end goal is to bankrupt the company and destroy every job their on the right course
Alan Pilgrim
Alan Pilgrim Dec 09, 2022 9:11
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Workers showing contempt for the customers and destroying their company from within.
Vlad Eu
Vlad Eu Dec 09, 2022 9:11
Saved. See Saved Items.
This comment has already been saved in your Saved Items
The UK has to borrow to cope, so it will go much lower and prices have already gone up a lot
K Mully
K Mully Dec 09, 2022 9:09
Saved. See Saved Items.
This comment has already been saved in your Saved Items
get rid that dunce CEO
Garry Cooke
Garry Cooke Dec 09, 2022 8:49
Saved. See Saved Items.
This comment has already been saved in your Saved Items
So the paying customers suffers while the union bosses justify their wages…
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email