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Royal Mail and union agree on talks over pay ahead of huge strikes

Royal Mail

The Royal Mail and the country's largest labor union have agreed to hold talks through the Advisory, Conciliation and Arbitration Service (Acas).

This is to settle their ongoing pay dispute, the postal service's parent company announced on Monday, October 24.

The opening session of the talks, according to International Distribution Services, will take place on Tuesday, October 25.

READ MORE: ROYAL MAIL PLANS TO CUT UP TO 6,000 JOBS

In a separate statement, the Communication Workers Union (CWU) confirmed the agreement.

The union stated that over 115,000 postal workers at the company will go on strike on October 25.

Royal Mail has been in a pay dispute with the CWU for months and has stated strike actions cost it £1 million ($1.11 million) per day.

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Last month, the CWU called for another 19-day strike against Royal Mail, possibly in October and November.

Royal Mail said earlier this month that it could cut up to 10,000 jobs.

Source: Euronews

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