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Royal Mail Group Limited, trading as Royal Mail, is a British postal service and courier company. It is owned by International Distribution Services . It operates the brands Royal Mail (letters and parcels) and Parcelforce Worldwide (parcels).
The dispute centred on 'modernisation plans' which Royal Mail said were required to remain competitive, however the CWU believed that these might have led to around 40,000 job losses. [1] Additionally there were disputes surrounding flexible working hours, pay rises and pensions.
The basis of the strike was a disagreement over pay and pensions. On 7 June 2007, the union's postal members voted by 77.5% to strike after a 2.5% pay rise coupled with £350 million every year for five years (totalling £1.5 billion) of cuts was offered.
Royal Mail workers will stage fresh strikes in the days before Christmas in the increasingly bitter dispute over jobs, pay and conditions. Members of the Communication Workers Union (CWU) will ...
After the opening up of the industry, competitors such as Whistl and UK Mail found their place offering business postal solutions. These companies, despite being competitors to Royal Mail, hand over sorted mail to the Royal Mail for "last mile delivery" due to the sheer dominance the latter hold in a process called 'Down Stream Access'. [3]
The British government has been granted a golden share in the recently-sold Royal Mail in a bid to keep it in the UK. Royal Mail’s sale to Czech billionaire Daniel Kretinsky’s EP Group was ...