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what we will not agree is that as our members get sacked, and we are talking about thousands upon thousands ofjob losses, we are talking about compulsory redundancies. we are not going to agree that royal mail replace those workers with self—employed drivers, with new entrants on 20% less pay, terms and conditions, and with agency workers, around 11,000 that they want to keep on all year. now, if the company want to move this forward, it's not unreasonable for us to say that we wantjob security at a time when they are employing all those other people. surely your viewers will understand that this is a just fight for the service. we will have more on that later here on bbc news. a major overhaul of the uks financial sector will be announced by the chancellor today, in a bid to boost growth. at a speech in edinburgh, jeremy hunt will introduce more

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