The Decline Of The Uk Towards A 3Rd World Dump

[DTCwordfan]

continues on....the latest being the sale of the Royal Mail to some Czech outfit, a 500 year old UK company down the Labour laundry tubes to the Dump.

Disgraceful.....they're in a downward spiral as in they increase the prices of postage and their volume goes down, so what do they do - increase the prices again and watch the effect! How about promotional drops or doing deals with card companies etc around things like Christmas. 

 

[ToraToraTora]

Labour have only just started.....

[Atheist]

I see the new 5C are talking down the country again.

[New Judge]

To be fair, they cannot make much worse a job if of it than is currently being made,.

[davebro3]

Is it so bad? As a customer I find the mail service quite acceptable.

Maybe in a business sense it's losing money - I don't know or care.

[ToraToraTora]

I suspect that they have had to agree to do what they do now, ie deliver anywhere in the UK for the price of a stamp but how long that will continue is anyones guess.

[Mozz71]

19:29

They've agreed to anywhere in the UK for the price of a stamp, and six day a week deliveries, but only for five years.

[ToraToraTora]

....so they'll stop after 5 years. Bad move from the government.

[Old_Geezer]

It's further down the path that should never have started. In these days of e-mail there isn't likely to be a price level that both is considered to be cheap enough to use, yet sufficient to run a half decent letter service. It needs subsidising if thought necessary. Add to that profits for (foreign) owners and you can almost guarantee assets being sold off and the thing going bust. But we had politicians who seemed to think that everything had to be privatised so here's where it's brought us.

[nicebloke1]

So the years of decline in RM is now down to labour, jesus whats wrong with you lot? Labour have just given the go ahead because theres not much chocie. Theres a buyer there with three and a half billion, thank your lucky stars theres someone there ready to risk that kind of money. Lets not mention what started the rot and a grest loss of business in the first place. EMAIL the latter propted the ever increasing cost of a stamp plus the same increases other busnesses have  had faced mainly the cost of fuel. Stop being so silly and loading everything that happens on the shoulders of labour.

[ToraToraTora]

It's labour selling it off genius!

[nicebloke1]

The amount of doom and gloom you post on a daily basis plus your bleating, you will dig yourself an early grave.

[newmodarmy]

Yes, the doom and gloom and moaning about the government never happened on here under the Tories.

[douglas9401]

About the only real asset left to sell by this shell of a country.

Pssst, wanna buy a member of the royal family or a former PM?

[New Judge]

"It's labour selling it off genius!"

In fact it is its current owners, International Distribution Services who are selling it.

Royal Mail as a state-owned enterprise was sold to them in 2001,  though the government retained 30% as well as a "golden share". This gave them a veto over key changes to Royal Mail's ownership, headquarters location and tax residency.

That 30% was sold to IDS in 2015 with the government retaining its golden share. This meant its approval was required for  the latest sale and part of the deal again involves the government retaining its golden share.

[ToraToraTora]

ok it's Labour allowing the sale..genius!

[douglas9401]

Psst, if you see Sid, tell 'im.

Now shut up please.

[youngmafbog]

I have to say I dont understand the problem here.

Snail mail is all but finished, quite why anyone would want it is beyond me.

Personally I think labour should have sold its share too.

[davebro3]

//Snail mail is all but finished//

That's not true - it may be on a downward trend but will always be essential.

[youngmafbog]

//but will always be essential.//

No it wont.  At some point it will become nothing.

[davebro3]

wrong again - keep going...