Union slams government’s “total disregard” of public voice within the company

Royal MailThe CWU has criticised the government for “disregarding” the UK public in its haste to sell off its remaining stake in Royal Mail.

Yesterday the government sold half of its remaining stake in the company (15% of the shares) had been placed with a number of city institutions to be sold to institutional investors. Postal workers have been given 1% of the shares, in what many see as a sop to workers.

CWU general secretary Dave Ward said: “This is clearly a further demonstration of the government’s total disregard for a public voice in the company, and it brings to the fore the very real threat to the continuation of daily delivery services and the Universal Service Obligation.

“We have made it clear to all prospective institutional investors that, public or private, the CWU is not going away and they should know that we will defend our members’ terms and conditions by all means necessary.”

A national reps briefing is next Friday due to be held at TUC headquarters in central London at which this and other developments within the industry will be discussed, and the union will be holding a Parliamentary event before the summer recess, which will focus on postal industry issues.

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Tim Lezard

Campaigning journalist, editor of @Union_NewsUK, NUJ exec member; lover of cricket, football, cycling, theatre and dodgy punk bands

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