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The Guardian - UK
The Guardian - UK
Business
Jack Simpson

Postal workers union wants Royal Mail staff to have stake in business

A postal worker pushes a crate towards some Royal Mail vans
Daniel Křetínský, the Czech billionaire who has put forward an offer for Royal Mail’s parent company, wants to increase the number of parcel boxes in the UK. Photograph: Chris J Ratcliffe/Reuters

The union that represents workers at Royal Mail has called for a new business model for the company that would see workers given a stake in the company and pay tied to growing services and meeting certain social benefits.

Dave Ward, the general secretary of the Communications Workers Union (CWU), said that the potential takeover by the Czech billionaire Daniel Křetínský should provide a moment to overhaul how the company is structured, which could mirror that of US-style public benefit corporations.

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