Royal Mail workers call off November 4 strike
LONDON (Reuters) - Workers at Britain's newly privatised Royal Mail postal service called off a planned November 4 strike on Wednesday, saying that the union and company had made progress in talks over pay and working conditions.
Royal Mail and the Communication Workers Union (CWU) said they were now committed to finalising an agreement by November 13, which would include an improved pay and reward offer, as well as a separate pensions agreement.
The Communication Workers Union, which represents postal workers, sent ballot papers to over 115,000 Royal Mail staff in September and said that on a 63 percent turnout, 78 percent had voted to strike for 24 hours.
Royal Mail said it would extend the legal validity of the current industrial action ballot until November 20.
(Reporting by Brenda Goh, Editing by Christine Murray)
- Tweet this
- Share this
- Digg this
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.