The Communication Workers Union – representative of Britain’s postal workers – has threatened to call a one-day national strike unless its dispute with post office Consignia is resolved.

Bleeding money at the rate of £1.5 million ($2.2m; €2.4m) a day last year, Consignia is desperate to restructure, having announced 15,000 job losses in March. The CWU is locked in negotiations over pay, with the postal operator offering a 6.9% rise. The union claims this is actually a 4.7% increase plus 2.2% to cover new delivery patterns, and wants to ballot its members on the former while negotiating the latter.

Scheduled for May 8, the strike would be the first national walkout by Britain’s postal workers since 1996. The two sides will continue talks today (Wednesday).

Data sourced from: BBC Online Business News (UK); additional content by WARC staff