CWU RESPONSE AS BBC CONFIRM ROYAL MAIL TAKEOVER BID TO GO AHEAD

COMMUNICATION WORKERS UNION

28/05/2024

FOR IMMEDIATE RELEASE

Responding to the latest developments on the Royal Mail takeover bid, CWU General Secretary Dave Ward said “This situation is a direct result of a failed and ideological privatisation over a decade ago mixed with the blatant mismanagement of the company in recent years. These events have ripened one of the most iconic and important companies in the UK for a takeover by foreign investors. We do welcome some of the commitments that have been made but the reality is postal workers across the UK have lost all faith in the senior management of Royal Mail and the service has been deliberately run down. We will meet with EP Group next week and call for a complete re-set in employee and industrial relations, the restoration of postal services and further commitments on the future of the company.

We will also be directly engaging with the Labour Party and other stakeholders to call for a new model of ownership for Royal Mail where our members and customers have a direct say in key decisions and the creation of a golden share which will protect a key part of the UK’s communications infrastructure.”

ENDS

For interview requests please contact Chris Webb at cwebb@cwu.org