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    Administration Watch

    Posted by The Outsider on 28/3/2023, 14:33:16

    Royal Mail?

    https://www.theguardian.com/business/2023/mar/27/royal-mail-bosses-threaten-to-declare-insolvency-as-pay-talks-near-collapse

      Re: Administration Watch

      Posted by Ches Fordroad on 28/3/2023, 15:34:53, in reply to "Administration Watch"

      Bet they make sure they get their bonuses paid and compo for their uncashed share options sorted out first

        Re: Administration Watch

        Posted by Nearly a Genius on 28/3/2023, 14:58:36, in reply to "Administration Watch"

        Is this proof that privatising public services doesn't work?

          Re: Administration Watch

          Posted by The Outsider on 28/3/2023, 15:02:31, in reply to "Re: Administration Watch"

          Probably not. I have reduced my use of Royal Mail considerably over recent months due to unreliability because of strikes (for example, I received a Christmas card on 30 January) and massive price increases. I now do a lot more by email which is quicker, cheaper and more reliable.

            Re: Administration Watch

            Posted by Vladimir Luton on 28/3/2023, 17:08:42, in reply to "Re: Administration Watch"

            What's this 'email' that you're talking about?

              Re: Administration Watch

              Posted by Ted on 28/3/2023, 15:45:19, in reply to "Re: Administration Watch"

              Royal Mail are useless.
              They won't leave a parcel with a neighbour, but the shop that ten minutes away.
              What's the point of home delivery?
              They'll be gone in ten years.

                Re: Administration Watch

                Posted by Herve Baquet on 28/3/2023, 17:44:27, in reply to "Re: Administration Watch"

                Better them than the courier companies hiring people on zero hour contracts who couldn't give a toss and just leave your parcel in a random bush

                  Re: Administration Watch

                  Posted by Nearly a Genius on 28/3/2023, 17:52:38, in reply to "Re: Administration Watch"

                  Or in your bin on collection day.

                  Re: Administration Watch

                  Posted by Buckets on 28/3/2023, 15:49:22, in reply to "Re: Administration Watch"

                  Yes they will, if that's what the customer requests.

                  Re: Administration Watch

                  Posted by Nearly a Genius on 28/3/2023, 15:09:26, in reply to "Re: Administration Watch"

                  The price increases could have been caused by the necessity of paying shareholders, though.

                  And I believe Covid restrictions caused a lot of delays, which perhaps have meant that fewer people used Royal Mail, and thus income decreased.

                    Re: Administration Watch

                    Posted by The Questioner on 28/3/2023, 22:45:57, in reply to "Re: Administration Watch"

                    Your first sentence google how much they lose each day they strike .

                      Re: Administration Watch

                      Posted by The Outsider on 28/3/2023, 17:08:11, in reply to "Re: Administration Watch"

                      At one time, the post was here before 9 am so it was the first thing I dealt with on arrival. Nowadays, it is usually after 11 when it arrives and it has been about 1.30 and 2.00 yesterday and today.

                        Re: Administration Watch

                        Posted by Teacher on 28/3/2023, 22:11:29, in reply to "Re: Administration Watch"

                        That's Privatisation for ya!

                          Re: Administration Watch

                          Posted by Nearly a Genius on 28/3/2023, 17:27:31, in reply to "Re: Administration Watch"

                          Go further back and there were two deliveries a day, and you could put a letter in the postbox in the evening and it would be delivered the next morning.

                            Re: Administration Watch

                            Posted by The Outsider on 28/3/2023, 18:36:18, in reply to "Re: Administration Watch"

                            Royal Mail said that they were doing away with the second delivery but, in reality, they did away with the first delivery.

                              Re: Administration Watch

                              Posted by Nearly a Genius on 28/3/2023, 19:13:09, in reply to "Re: Administration Watch"

                              That's about it.

                                Re: Administration Watch

                                Posted by clarky on 28/3/2023, 22:08:41, in reply to "Re: Administration Watch"

                                1st and 2nd class get delivered at the same time

                                  Re: Administration Watch

                                  Posted by The Outsider on 28/3/2023, 22:17:56, in reply to "Re: Administration Watch"

                                  They were never delivered separately.

                          Re: Administration Watch

                          Posted by Godders on 28/3/2023, 15:23:58, in reply to "Re: Administration Watch"

                          Royal Mail's business model has shifted massively over the last 25 years though through the advent of the internet causing an almost ending of letters posted. Far fewer cards posted too so they've had to focus on parcels but with that they have come into fierce competition even though they should have been in advantageous position given their logistical infrastructure already in place. Frankly it seems like a monumental failure from management during this period.

                            Re: Administration Watch

                            Posted by Depressed Deirdre on 28/3/2023, 16:06:51, in reply to "Re: Administration Watch"

                            Isn't that why they have been engaged in discussions with the Unions regarding working practices over the last year or so?

                              Re: Administration Watch

                              Posted by Trft on 28/3/2023, 15:49:31, in reply to "Re: Administration Watch"

                              See it daily!

                              Cheers trft

                        Re: Administration Watch

                        Posted by WINDOW CLEANER on 28/3/2023, 14:51:02, in reply to "Administration Watch"

                        STREET WISE

                        NOT ####ING IMPRESSED

                          Re: Administration Watch

                          Posted by Dave Old Bedford on 28/3/2023, 14:38:05, in reply to "Administration Watch"

                          Need to stamp down on that

                            Re: Administration Watch

                            Posted by since 63 on 28/3/2023, 14:41:24, in reply to "Re: Administration Watch"

                            to be frank.

                              Re: Administration Watch

                              Posted by Nick NLPBH on 28/3/2023, 14:48:41, in reply to "Re: Administration Watch"

                              Someone needs to deliver results. All part and parcel of running a business

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