Royal Mail gets ready for strike

ROYAL Mail shareholders will find out on Wednesday whether workers will vote for strike action at the newly-privatised postal service.

The Communication and Workers Union yesterday insisted that it is confident of winning the ballot, which could see thousands of staff walk out later this month.

Royal Mail insists that its offer of an 8.6 per cent pay rise over three years is sufficient but unions want further concessions.

The overwhelming majority of Royal Mail’s 150,000 staff accepted free shares in the company.

ROYAL MAIL

IF YOU BOUGHT THE MAXIMUM £749.10 OF ROYAL MAIL SHARES THEN YOU HAVE A PAPER PROFIT OF £278.64

TOMORROW: Unconditional trading in the shares begins, meaning everyone can buy or sell Royal Mail shares.

WEDNESDAY: Union strike ballot result.

LATE OCTOBER: A national walkout is expected, followed by rolling strikes.