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Royal Mail contractors to stage walkout over pay

Cleaners and engineers working at Royal Mail buildings will walk out next Friday in a pay row, the Communication Workers Union said today. CWU members employed by Romec will take industrial action after voting 9-1 in favour of protest over scrooge bosses' 1.5 per cent wage offer. More: continued here

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Royal Mail names 3 banks as advisers – Financial Times

Royal Mail names 3 banks as advisersFinancial TimesRoyal Mail said these would be “responsible for providing additional support relating to early investor soundings to assist with government decision-making on the form and timing of a future sale”. It added that no formal appointments relating to any … More: continued here

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Staff to own 10% of privatised Royal Mail – Financial Times

Jersey Evening Post Staff to own 10% of privatised Royal MailFinancial TimesThe coalition is pressing ahead with plans for Royal Mail's 150,000 staff to own at least 10 per cent of the business as it accelerates preparations to privatise the state-owned postal operator. Michael Fallon, the Conservative business minister, is …

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