Royal Mail Privisation Faces Opposition
The privatisation of Royal Mail has faced a large amount of opposition for the government’s plan to sell the shares in the company from a vote that saw 96% of their employees against the decision.
The ballot run by the Communication Workers Union (CWU) saw 74% of 112,000 employees’ voice their opinions on the proposal, of which 92% said that they supported a boycott in handling other competitor’s mail. Royal Mail responded to this by saying that “the refusal to handle other companies mail would be unlawful and could jeopardise its relationship with other carriers who rely on its final mile offer’. The CWU also stated that Royal Mail did not need to be privatised as they had become profitable again without the need to privatise.
A spokeswoman from competitors TNT Post, which is planning to carry out a nationwide final mile service over the next five years, said that they ‘would be working closely with Royal Mail to ensure that any potential disruption to deliveries would remain minimal’.
Richard Fallon the business minister of Royal Mail said that he was disappointed in the result of the vote and the lack of confidence in the private sector from his employees.
For more information visit Royal Mail.co.uk.
The ballot run by the Communication Workers Union (CWU) saw 74% of 112,000 employees’ voice their opinions on the proposal, of which 92% said that they supported a boycott in handling other competitor’s mail. Royal Mail responded to this by saying that “the refusal to handle other companies mail would be unlawful and could jeopardise its relationship with other carriers who rely on its final mile offer’. The CWU also stated that Royal Mail did not need to be privatised as they had become profitable again without the need to privatise.
A spokeswoman from competitors TNT Post, which is planning to carry out a nationwide final mile service over the next five years, said that they ‘would be working closely with Royal Mail to ensure that any potential disruption to deliveries would remain minimal’.
Richard Fallon the business minister of Royal Mail said that he was disappointed in the result of the vote and the lack of confidence in the private sector from his employees.
For more information visit Royal Mail.co.uk.
