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Royal Mail pulls back on pensions to save IPO – iNVEZZ

admin September 23, 2013 Royal Mail Leave a comment 67 Views

Royal Mail pulls back on pensions to save IPO
iNVEZZ
iNVEZZ.com, Monday, September 23rd: On Friday, Royal Mail scrapped a proposal to cap pensionable pay rises at the rate of inflation, up to 5 percent maximum, caving in to pressure from staff in order to protect its £3 billion IPO from the threat of a …

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