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Latest News

CWU calls for stamps price hike to save Post Office jobs

by Personnel Today 26 Mar 2002
by Personnel Today 26 Mar 2002

Communication
Workers’ Union general secretary Billy Hayes has called for a 1p rise in the
price of a stamp to save postal jobs.

Consignia
has cut 15,000 jobs as part of a three-year programme to save £1.2 billion, and
admits that up to 45,000 jobs could go.

But
postal unions say they will considering strike action if the company seeks to
cut staff numbers through compulsory redundancies.

"Jobs
can be saved within the industry if a price rise was agreed today," said
Hayes. "The Government can no longer have the postal service on the cheap.
Any attempt by the Post Office or the Government to force through redundancies
will be resisted by strike action."

Consignia
chairman Alan Leighton said severe action is needed to stop the company losing
£1.5 million a day.

Reports
suggest the company is already considering approaching industry regulator
PostComm to ask for a hike in stamp prices to order to help save its finances.

If
stamps had gone up in line with inflation over the last five years, prices
would now be 8 per cent higher, and Consignia would be earning £400-500 million
more each year.

Personnel Today
Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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