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| Royal Mail pay talks with union collapse | Royal Mail pay talks with union collapse |
| (32 minutes later) | |
| Talks to resolve a long-running row between Royal Mail and staff members over pay and conditions have collapsed. | Talks to resolve a long-running row between Royal Mail and staff members over pay and conditions have collapsed. |
| Royal Mail says it is "deeply concerned" discussions concluded without agreement and claimed it made "substantial efforts" to reach a deal. | Royal Mail says it is "deeply concerned" discussions concluded without agreement and claimed it made "substantial efforts" to reach a deal. |
| The Communication Workers Union said it was willing to continue negotiations. | The Communication Workers Union said it was willing to continue negotiations. |
| Royal Mail said it remained "committed to reaching an agreement with the CWU" and said "not transforming" the company was "not an option". | Royal Mail said it remained "committed to reaching an agreement with the CWU" and said "not transforming" the company was "not an option". |
| The company said that it had increased its pay offer, offering 10% over three years plus a one-off payment. | The company said that it had increased its pay offer, offering 10% over three years plus a one-off payment. |
| Royal Mail said it also shifted on issues such as start times, profit shares for employees and allowances. The CWU said: "There has been progress in several areas and the union made it clear last night that we are willing to continue negotiations...to finalise an agreement." | Royal Mail said it also shifted on issues such as start times, profit shares for employees and allowances. The CWU said: "There has been progress in several areas and the union made it clear last night that we are willing to continue negotiations...to finalise an agreement." |
| Royal Mail has warned that a return to industrial action by the CWU could result in Royal Mail going into administration. | Royal Mail has warned that a return to industrial action by the CWU could result in Royal Mail going into administration. |
| The company is concerned that further industrial action could lead to large customers - such as retailers - pulling multi-million-pound contracts. | The company is concerned that further industrial action could lead to large customers - such as retailers - pulling multi-million-pound contracts. |
| The government would have to approve a move into administration. This could mean all of the Royal Mail business - including the universal service obligation to deliver to every address six days a week - and Parcel Force declared insolvent. | The government would have to approve a move into administration. This could mean all of the Royal Mail business - including the universal service obligation to deliver to every address six days a week - and Parcel Force declared insolvent. |
| Royal Mail says the strikes have cost the company £200m in lost business and in covering striking staff. | Royal Mail says the strikes have cost the company £200m in lost business and in covering striking staff. |
| The long-running dispute has led to several staff walkouts, including a strike over Christmas, the busiest time of the year for postal deliveries. | |
| Recently, Royal Mail was the target of a cyberattack which disrupted mail sent overseas. | |
| The firm was also referred by MPs to communications watchdog Ofcom for prioritising parcel deliveries over letters, which would be a failure to fulfil its legal obligations. | |
| Related Topics | Related Topics |
| Royal Mail | Royal Mail |
| Strike action | Strike action |