-Royal Mail warned on Wednesday that it may put up a loss within the UK for the full-year 2022-23, if 4 days of strike known as by the Communications Staff Union (CWU) in August and September went forward.
The CWU, which represents greater than a 100,000 Royal Mail postal staff, stated British postal staff will maintain the strike in protest over pay on Aug. 26 and 31 in addition to Sept. 8 and 9.
Tuesday’s strike announcement is the most recent industrial motion within the nation as staff demand wage rises to deal with hovering inflation at a time when Britain faces its worst cost-of-living disaster in many years.
The centuries-old Royal Mail, which noticed a parcel growth in the course of the pandemic, now additionally faces challenges to its enterprise attributable to a slowdown within the UK economic system, ebbing client demand, and sky-high inflation.
The corporate stated it has contingency plans in place and will probably be working exhausting to minimise disruption and restore regular service as quickly as doable.
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