This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.
You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/business/6988973.stm
The article has changed 6 times. There is an RSS feed of changes available.
Version 1 | Version 2 |
---|---|
Postal union set for more strikes | Postal union set for more strikes |
(10 minutes later) | |
The postal workers union has said it will announce further strikes after failing to reach an agreement with the Royal Mail during five days of talks. | The postal workers union has said it will announce further strikes after failing to reach an agreement with the Royal Mail during five days of talks. |
Industrial action had been scheduled for last week, but was suspended for last ditch negotiations at the weekend. | Industrial action had been scheduled for last week, but was suspended for last ditch negotiations at the weekend. |
According to the Communication Workers' Union (CWU), while progress had been made in some areas, including pay, it was not enough to avert strike action. | According to the Communication Workers' Union (CWU), while progress had been made in some areas, including pay, it was not enough to avert strike action. |
CWU members are concerned about pay levels and modernisation plans. | CWU members are concerned about pay levels and modernisation plans. |
Cash question | Cash question |
The union had already called strikes after rejecting a 2.5% pay deal, and warned that the modernisation plans could threaten 40,000 jobs. | The union had already called strikes after rejecting a 2.5% pay deal, and warned that the modernisation plans could threaten 40,000 jobs. |
According to the CWU, the Royal Mail has ended an agreed period of calm, leading to union fears that the company was about to "implement unagreed operational changes". | According to the CWU, the Royal Mail has ended an agreed period of calm, leading to union fears that the company was about to "implement unagreed operational changes". |
As a result, the CWU said it would "announce further strikes". | As a result, the CWU said it would "announce further strikes". |
Royal Mail is now offering a two-year deal worth 6.7%, according to the union. | |
But the union is unhappy that the Royal Mail is sticking to proposals on pensions including increased employee contributions and later retirement age, which the CWU had rejected. | |
At the same time the Royal Mail is having to revamp its business as it faces increased competition from rivals after the opening up of the UK postal market. | At the same time the Royal Mail is having to revamp its business as it faces increased competition from rivals after the opening up of the UK postal market. |
The company argues that the changes are necessary if it wants to better compete and finance the upgrading of its equipment. | The company argues that the changes are necessary if it wants to better compete and finance the upgrading of its equipment. |