Arabic AR Chinese (Simplified) ZH-CN English EN French FR German DE Japanese JA Portuguese PT Russian RU Spanish ES Ukrainian UK

Royal Mail wins strike injunction

Latest news

    Royal Mail vanImage copyright Getty Images

    Royal Mail has won an injunction in London’s High Court preventing next week’s 48-hour strike.

    The postal firm’s workers had been set to walk out from 19 October in protest over pensions, wages and jobs.

    But the company said the strike would be “unlawful” if the Communication Workers Union (CWU) did not follow dispute resolution procedures.

    A strike ballot of the CWU’s 110,000 members had produced an 89.1% vote in favour on a 73.7% turnout.

    It would have been the first national strike since Royal Mail was privatised four years ago.

    ‘Unaffordable’ scheme

    Mr Justice Supperstone, who granted the injunction, said: “I consider the strike call to be unlawful and the defendant is obliged to withdraw its strike call until the external mediation process has been exhausted.”

    The CWU has said that Royal Mail’s move to reform workers’ pensions means that its members will lose up to a third of their retirement entitlements.

    The company said pension scheme members would indeed build up smaller benefits in future, but that was because the plan in its current form was unaffordable.

    Earlier this year, the Royal Mail announced that it would close its current defined benefit scheme in March 2018.

    View the original article: http://www.bbc.co.uk/news/business-41601179

    Although the pension fund is currently in surplus, Royal Mail, which was privatised in 2013, claims that its current annual contribution of £400m a year would swell to £1.26bn.

    In the same category are

    Jewish leaders call on Inner North London coroner to quit Image copyright Google Jewish leaders have called for the resignation of a coroner in north London in a dispute over delays in releasing bodies for ...
    Church of England warns future of Down’s ‘under question’ Image copyright Science Photo Library The Church of England has warned the future existence of people with Down's Syndrome is "under question".It ha...
    Theresa May to meet Donald Trump in Davos Image copyright EPA Prime Minister Theresa May and President Donald Trump will meet at the World Economic Forum in Davos next week, Downing Street h...
    Las Vegas shooting: Police say gunman’s girlfriend won’t face charges Image caption Stephen Paddock smuggled more than 20 weapons into the hotel overlooking the Las Vegas Strip Police say they do not expect to file c...
    Ministers back down in legal battle over disability benefits Ministers have backed down in a row over paying higher disability benefits to 164,000 people by saying they will not contest a High Court decision.W...
    Mattis: US national security focus no longer terrorism Media playback is unsupported on your device Media captionMr Mattis said China and Russia posed a major threat to US securityUS Defence Secretary Ja...

    Leave a comment

    Your email address will not be published. Required fields are marked *