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UPDATE 1-Royal Mail wins bid to block potential strikes, union says [Reuters]

INTERNATIONAL DIST U/ADR (ROYMY) 
NASDAQ:AMEX Investor Relations: royalmailgroup.com/investor-centre
Company Research Source: Reuters
UPDATE 1-Royal Mail wins bid to block potential strikes, union says - Reuters 2 Min Read (Adds shares, CWU statement details, background) Nov 13 (Reuters) - The Communication Workers Union said here on Wednesday that British postal company Royal Mail had won a high court injunction to block potential strikes by the union. Royal Mail had said last week it would go to court to block a potential strike by its largest union, due to be held around the time of the national election on Dec. 12 and in the traditionally busy run-up to Christmas. The former postal monopoly did not immediately respond to a request for comment. Its shares shed early losses and rose more than 3% after the court ruling. The CWU, which called the judgement an “utter outrage”, has not given exact dates of when a strike could take place. Royal Mail has said strikes could affect deliveries of postal votes in the election and Christmas parcels. Parcelforce Worldwide, Royal Mail’s express courier parcel service, has been Show less Read more
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