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Royal Mail And Union Reach Deal On Pay

A proposed deal has been agreed between the Royal Mail (Other OTC: ROYMF – news) and union leaders on pay, pensions and other issues linked to the privatisation of the postal group. The Communication Workers Union (CWU) had been threatening industrial action in the run up to Christmas but held off calling strikes so talks could be held. After what were described as "extensive" negotiations, the …

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