The long-running row between the CWU and the postal firm continues after recent discussions failed.
Talks to resolve a long-running row between Royal Mail and staff members over pay and conditions have collapsed.
The company is concerned that further industrial action could lead to large customers - such as retailers - pulling multi-million-pound contracts. The government would have to approve a move into administration. This could mean all of the Royal Mail business - including the universal service obligation to deliver to every address six days a week - and Parcel Force declared insolvent.Royal Mail says the strikes have cost the company £200m in lost business and in covering striking staff.
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