The Post Office's transformation plan is based "overwhelmingly on cost-cutting", the Communication Workers Union said. It claimed:
- Plans rely on staff cost cutting to account for more than half of all cost reductions
- Only 20% of the gap to break-even will come from new income
- Reliance on franchising is up by £2 million to £8 million compared to last September
- The management's pay offer of lump sums is conditional on reaching "unrealistic savings through closure of offices", many staff are likely to never receive the money on offer it said
More top news
Further one in eight expect to be aged between 71 and 80 years when they finally stop work, according to survey.
The team behind an irreverent US card game made more than $71,000 by giving people the chance to pay $5 without getting anything in return.
Cuts and rising cost of adult social care will leave councils underfunded, warns Local Government Association.