Royal Mail may have lost £200m to strikes | Business

The cost of the continued strike action at Royal Mail may have climbed to £200 million, according to industry estimates, with more loss of revenue set to come.

Last Friday marked the 13th day of action in a bitter dispute over pay and working practices. Royal Mail reported £100 million of strike-related losses after only eight days of walkouts.

Industry sources said that since then the bill would have risen by tens of millions of pounds and could have reached £200 million because of disruption to the Black Friday and Cyber Monday shopping events, as well as the start of the Christmas rush. The hit to revenues comes from rivals taking business or customers delaying use.

The cost is set to rise further. The CWU,