Royal Mail privatisation... Would you?

grey_gym_sock

Glen_Clark wrote: »

Also, like BT, the Government depends on it for their spying operations on our communications.

do keep up ... surveillance is all about the internet nowdays

Glen_Clark wrote: »

Well I would but since my MP is Patrick Mercer MP OBE (who resigned from the Tory party and is not standing for re election as he was exposed taking a bribe to support a Fijian Dictator with an Appalling Human Rights Record) I think I would be wasting my time.

you could try bribing him to oppose privatization.

alanq

Not that I do much online shopping I too appreciate being able to collect from my local sorting office which is nearby.

This advantage may not be as great as it seems as some rivals beginning use local shops as collection and delivery points.

j0nathon2

Doshwaster wrote: »

If I already own part of RM why can't I sell my share? Where's my dividend?

The government are selling your share, back to you. You control your share through your MP.

Your dividend goes back into the company or goes back into government services. Your re-invested dividend ensures prices stay (relatively) low, that people stay in jobs, that your mail gets from North to South overnight, not within the month.

When the RM is private, and you've bought your shares, you'll get a dividend, equivalent to:

• Your share of the postmen's salary who are made redundant
• Your share of the increase in prices, that we all pay, for sending mail
• Your share in the savings made by reducing the quality of service

scott_lithgows

If I wasn't getting shares for nothing then I wouldn't touch them with a bargepole.

I have to keep them for 5 years so that will give the management time to award themselves huge payouts before they wreck the place.

On the bright side,Saturday deliveries should be gone soon.

Another Network Rail in the making.

custardy

scott_lithgows wrote: »

If I wasn't getting shares for nothing then I wouldn't touch them with a bargepole.

I have to keep them for 5 years so that will give the management time to award themselves huge payouts before they wreck the place.

On the bright side,Saturday deliveries should be gone soon.

Another Network Rail in the making.

not really a bright side
drop 1 days delivery,slice 20% off the staffing

custardy

j0nathon2 wrote: »

I wouldn't touch the free shares with a bargepole. Do you consider the loss of the following "free":

• Loss of rights regarding challenging Unfair Dismassal
• Loss of statutory redundancy pay
• Loss of statutory rights to request flexible working and time off for training

will not taking the shares prevent that?

alanq

scott_lithgows wrote: »

On the bright side,Saturday deliveries should be gone soon.

The Government is saying delivery 6 days a week is protected by legislation and that it would require Parliament to change this situation. It is not doing so as part of privatisation. I am not sure how much wriggle-room that allows.

JoeCrystal

j0nathon2 wrote: »

I wouldn't touch the free shares with a bargepole. Do you consider the loss of the following "free":

• Loss of rights regarding challenging Unfair Dismassal
• Loss of statutory redundancy pay
• Loss of statutory rights to request flexible working and time off for training

Umm... that is totally different. Nothing to do with that at all.

scott_lithgows

custardy wrote: »

not really a bright side
drop 1 days delivery,slice 20% off the staffing

The jobs are going to go anyway,better to get the over 60,s out with a deal rather than sacked for being unable to walk as fast as a 20 year old.

j0nathon2

JoeCrystal wrote: »

Umm... that is totally different. Nothing to do with that at all.

I was told that is the scheme they would be offered to employees under, but I could have been told wrong, I don't work for Royal Mail myself.