CWU deputy general secretary postal Martin Walsh added: "This news is welcomed. The new Collective Pension Plan will allow all Royal Mail members to … Source link
Read More »Communication Workers Union unites with management to enforce revisions at Parcelforce
The Communication Workers Union (CWU) is joining hands with Royal Mail Group to implement a fresh round of revisions in never-ending increased exploitation including at its dedicated parcels arm, Parcelforce Worldwide On May 10, the CWU announced a delay to the start of the month-long ballot of 115,000 postal workers …
Read More »Royal Mail Workers Strike: Royal Mail strike: Workers launch 48-hour strike. Check dates, key details
Workers at the Royal Mail have a dispute over pay and have launched a strike for 48 hours. There are long lines in front of the Royal Mail office as workers are not cooperating. On Thursday, there were talks between the two sides, but the strike is still moving forward. …
Read More »Royal Mail Statutory Pension Scheme deficit increases; net expenditure continues to fall
The Royal Mail Statutory Pension Scheme (RMSPS) deficit increased to £50,876m as at 31 March 2022, up from £48,614 to in March 2021, according to the scheme’s latest Annual Report and Accounts. The RMSPS also recorded a net actuarial loss of £3.1bn over the past year, driven by the higher …
Read More »Royal Mail pushes ahead with CDC plans following member consultation
Royal Mail Group (RMG), the Communication Workers Union (CWU) and Unite the Union have confirmed plans for a new collective pension scheme following a successful consultation process, with the scheme to be launched by the end of 2022 or early 2023. The positive outcome to the consultation, which was launched …
Read More »Trade Union Laws are Rigged Against the Workers – CWU Must Fight Back
The class nature of British society was exposed for all to see in glorious technicolour at the Royal High Courts in London today. In a matter of minutes a single unelected judge, Lord Swift, granted an injunction sought by the Royal Mail Group (RMG) to nullify a massive industrial strike …
Read More »The Royal Mail share price has fallen 23% in 2019. Here’s why I see further losses ahead
The Royal Mail (LSE: RMG) share price has been one of the worst-performing stocks in the FTSE 250 this year. Year-to-date shares in the delivery company have fallen 23%, excluding dividends, extending losses over the past 12 months to a staggering 44%, excluding distributions to investors. There’s a range of …
Read More »Communication Workers Union defies strike mandate, pledges to continue talks with Royal Mail
Communication Workers Union defies strike mandate, pledges to continue talks with Royal Mail By our reporter 16 October 2019 A 97 percent strike vote by over 110,000 postal workers in Britain was met with an immediate rebuke by the Communication Workers Union (CWU), who declined to set any date …
Read More »Should I double down on the Royal Mail share price?
After staging a small recovery at the beginning of September, the Royal Mail (LSE: RMG) share price has fallen back under 200p during the past few weeks. Following this decline, the stock is close to its all-time low of around 188p reached in mid-August. And from a value perspective, its fundamentals …
Read More »TUC Congress ’19 Postal staff make serious show of strength as 500 workplaces show support of national strike ballot
POSTAL staff made a serious show of strength to Royal Mail Group (RMG) bosses today as 500 workplace meetings were held in support of a national strike ballot. Thousands of Communication Workers Union (CWU) members took part in hundreds of meetings outside depot gates in support of the union’s ballot, …
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