Royal Mail has warned of more price hikes as a result of the Chancellor’s National Insurance raid. Anything that would impact our people would be last resort.’That provoked a rebuke from the Communication Workers Union (CWU), which represents around 100,000 Royal Mail staff. The clash comes at a critical time for Royal Mail, which faces an uncertain future after a takeover swoop this year from Czech tycoon Daniel Kretinsky. Royal Mail reported a loss of £67million for the six months to September, a substantial improvement from the £319million loss in the same period last year. The legal obligation requires Royal Mail to deliver letters across the UK six days a week at a single price.

Source: Daily Mail November 22, 2024 14:04 UTC