Royal Mail warns strike action could lead to full-year losses

Royal Mail warns strike action could lead to full-year losses

Royal Mail has said it will push ahead with its overhaul as it warned the threat of industrial action and delays to its turnaround may lead to losses in its UK letters and parcels arm.

The group said the risk of strike action by the Communications Workers Union (CWU), together with ongoing Brexit uncertainty, “increases the likelihood” of losses in 2020-21 for the letters and parcels business.

I…

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