Royal Mail Update
We have made progress in our ongoing talks with Royal Mail and these are now at a crucial stage, although there are several outstanding issues.
CWU Branches, Representatives and members will have seen the company’s half yearly results issued today. This confirms that whilst still in a challenging business environment, Royal Mail Group is now in a better place than originally projected and there has been strong revenue growth. This has been achieved because of the fantastic work that our members have carried out in meeting the needs of customers and wider society throughout the ongoing pandemic.
Talks are currently interrupted because of Royal Mail’s need to prepare their half yearly results and we expect them to reconvene either later today or tomorrow.
We are very focused on achieving an overall agreement on the future and in particular to ensure that our members rightfully receive a backdated consolidated pay award before Christmas. On the basis of the company’s half yearly results, we now anticipate an improved offer on pay.
We can confirm that whatever the position we reach, we will provide our Branches, Representatives and members with a full update next week.
Dave Ward Terry Pullinger
General Secretary Deputy General Secretary (P)