CWU Statement on EP Group Takeover of Royal Mail

Responding to the news that EP Group are the new owners of Royal Mail, CWU General Secretary Dave Ward said: “Today represents a pivotal moment in the history of Royal Mail – one of our country’s most iconic and important companies.

“We now have confirmation that EP Group, led by Daniel Kretinsky, will be the new owners.

“This is a development that many will greet with scepticism and uncertainty. But the truth is that the biggest threat to the future of our postal services is the status quo.

“The current Royal Mail Group Board have destroyed the service, turned on their own employees and grossly mismanaged the company from top to bottom.

“The CWU have reached a groundbreaking agreement with EP Group that provides the platform for a fresh start and the rebuilding of Royal Mail.

“We will use the coming weeks and months to put the commitments contained within the agreement fully to the test.

“We will not hesitate to challenge EP Group if they do not fulfil their obligations to postal workers and customers.

“We will also ensure the government are fully engaged in this immediate process and the future strategy of the company in line with the separate agreement they have reached with EP Group.

“Royal Mail is a key part of the UK’s infrastructure and must be treated as such by politicians.”

ENDS

For further enquiries, please contact CWU Press Officer Marcus Barnett at mbarnett@cwu.org.