CWU rejects three-year Royal Mail pay offer

LONDON (Reuters) – A British union rejected a three-year pay offer from Royal Mail on Monday, warning industrial action was inevitable if bosses did not meet its demands ahead of the post group’s planned privatisation later this year. The offer, which would apply to around 125,000 employees, included an 8.6 percent pay increase over three years and a lump sum payment of 300 pounds. …

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