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The papers: ‘Bumper pay deal’ and sweet maker goes salty
[Breaking News Date: 22 March 2023]
In today’s most talked-about headlines, we dive into the world of business and food. Let’s take a look at what’s topping the news:
"Bumper pay deal"
It’s a win-win for over 30,000 Royal Mail workers as they secure a 21% pay rise over the next two years, according to reports. The union behind the deal, the Communication Workers’ Union (CWU), hailed it as a "massive success." The agreement, which also includes improved working conditions and job security, is expected to be finalized after a vote by union members. This development comes as the postal industry faces increased competition and challenges. Share prices for Royal Mail soared 4% on the news.
Sweet maker goes salty
In a shocking move, Mondelēz International, the parent company of Cadbury, has reportedly ordered a major restructuring of its operations, resulting in the loss of thousands of jobs worldwide. The company, which acquired Cadbury in 2010, said the move is aimed at adapting to changing consumer habits and competition. The sweet-tooth connoisseurs among us can’t help but wonder what’s next for our beloved chocolate fix.
Top Tags:
• Royal Mail pay deal
• Mondelēz International restructuring
• Cadbury jobs
• Pay rise for postal workers
• Communication Workers’ Union
• Business news
• Food industry
• Sweet makers
• Job security
• Compensation package
• UK news
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[Top Stories] – The papers: ‘Bumper pay deal’ and sweet maker goes salty | BBC
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