Royal Mail and unions reach an agreement to end two-year dispute
4 years, 2 months ago

Royal Mail and unions reach an agreement to end two-year dispute

Daily Mail  

Royal Mail has struck a ‘landmark’ deal with unions that ends a two-year dispute over pay and conditions. Breakthrough: Royal Mail has struck a 'landmark' deal with unions that paves the way for the postal service to focus on parcel deliveries and to push ahead with technology improvements The deal is a triumph for executive chairman Keith Williams, who was parachuted in after Rico Back left in May. However, he warned the ‘proof will be in the pudding’, adding: ‘We have been far too slow to adapt in the past and now need to deliver change much more quickly.’ Royal Mail shares rose by 1.1 per cent or 3.4p to 326.7p, close to the listing price of 330p in 2013. Royal Mail needs to rapidly expand parcel services to replace tumbling letter revenues, but efforts to introduce more automation have met fierce resistance from the CWU over fears of job losses.

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