Is this the end of Royal Mail?

[@goblin457]

Yes should never have been privatised in the first place comes to something when we don't even own our own postal service or anything else for that matter

[@mnh31113ah]

If Royal Mail were publicly owned, the government would now be dealing with a letter business in steep decline and a parcel business with many private competitors. Letter delivery may once have been a natural monopoly, but it isn't anymore. Railways, water and electricity distribution are all better candidates for nationalisation before Royal Mail.

[@goblin457]

@mnh31113ah I completely disagree it was heading in the right direction making a profit before the Conservatives decided to flog it off for less than it was worth now it's owned by another foreigner that will decimate it and leave it for dead no doubt then having to be propped up by the government to £££s

[@alanhat5252]

​@@mnh31113ah"steep decline" is a choice made between Government & the operator, there is an established & steady market requiring the service.

[@alanhat5252]

@goblin457, that's classic Neoliberalism, it's literally what they mean by "small government" - sell everything & go sit on a Mediterranean beach.

[@ReeseeLambert]

I was not aware it was already privatized… so sorry and truly. How tragic. Repubs here are/did propose the same

[@evolassunglasses4673]

Selling Britain off by the Pound.

[@alimantado373]

LOL thats been happening since Thatcher?

[@LaurenRichardsEvans]

​@@alimantado373 Labour were doing before her.

[@equinox95]

Blame Margaret Thatcher

[@janetmalcolm6191]

@@alimantado373 Yes the Tory way. Give the money to shareholders is the idea. Service for people gets worse.

[@mossfoster5317]

@@alimantado373 Yes and it shouldn't continue

[@Wreckhead]

Have we not learnt from selling off Gas, Electric, Railways, Water, Post Office? And where did all that money go?

[@DaveATKIN]

No.

[@Suman-i5r7w]

Governments pockets, special bonuses

[@alanhat5252]

It seems that after 45 years the electorate _still_ hasn't learned 😢 - vote for trash, get trash.

[@zenoelea8239]

No10 parties.

[@nicholasdickens2801]

Nope, because they make money out of these scams.

[@johnboren8928]

The method is always the same- buy a business, sell off all the assets and anything else not nailed down, issue a lot of debt, cut services to pay the debt payments for a while, and eventually either sell the husk to someone else who thinks they can pick a bit more off the carcass, or declare bankruptcy after paying yourself and other execs huge bonuses.

[@Suman-i5r7w]

Sounds like the british government specifically tories

[@nicholasdickens2801]

Indeed.

[@ExoticDoll-ct3ud]

Shocking

[@Marc-xc9uo]

Correct! Couldn’t have put it better myself. Same happened to BHS. Asset stripping at its finest.

[@GuzziHeroV50]

The Czech is in the post

[@nathanaelsmith3553]

Don't you mean the postal order (anybody remember those?)

[@sunkat76]

b-boom!

[@aaronsmith9209]

At the end there, Darren Jones more or less said the government has two choices, either regulate Royal Mail or just run it itself. So lets just bloody run it ourselves then! Anything other than nationalisation is extra steps and more wasteful, it's cheaper to have our public services in public hands in the long run. Why do we need to overcomplicate things? and why is a Czech billionaire interested in our mail service? The government wants to save money right now, so it needs to stop outsourcing everything and it needs to reverse privatisation of all our utilities, simple really and better for everyone.

[@mnh31113ah]

It may once have been a natural monopoly, but it isn't anymore. Leave it to the private sector.

[@aaronsmith9209]

@@mnh31113ah Disagree. Royal Mail is a part of our heritage and besides it is still a natural monopoly. Since there are places in this country, only Royal Mail will deliver to. The small islands like in the Scottish Highlands for example. The Universal Service Obligation, if that goes, the remote parts of Britain will have no mail or parcel service at all. Companies like Amazon and couriers rely on Royal Mail a lot, as they only deliver to where it is profitable themselves. Just because less letters are sent now, doesn't mean we can do without a mail service. It is probably more essential now than ever.

[@eskimo4130]

Agreed, but it won't be too long before post isn't a requirement, so RM going fully private with subsidies will ultimately be cheaper.

[@janetmalcolm6191]

@@aaronsmith9209 Well Darren Jones the only voice of reason. Best they listen to him and get a decision made.

[@randybackgammon890]

Yea like the water/energy co.! That works in the public interest dosen't it?

[@equinox95]

Postmen and women are treated like slaves in Royal Mail. I wouldn't recommend them as an employer if you want an easy, stress free life. Now, things are set to get worse...

[@silondon9010]

Workloads on many walks completely unachievable with brutal workloads

[@equinox95]

@silondon9010 I know, I was a postman for a decade.

[@Stuboy]

Privatisation is never good or ends well just look at America

[@Beliefisthedeathofintellect]

It was forced to lose money, to bring it to its knees so corporations could overrule.

[@BOZ_11]

At its peak, there were over 9,000 Post Office Local branches being operated as franchisees by private retailers. The new owners (post 2011 privatisation) ended the franchise arrangement because they hoped that people would just travel further and use official post offices, internalising the small profits previously made by corner shops and mini markets. Just another case of privatisation gone wrong (or, perhaps, gone right)

[@MadSpacePig]

To copy verbatim from that viral tweet about the American postal service - Royal Mail doesn't lose money, it costs money. It's a SERVICE! Shouldn't be treated like a business because it will never be profitable whilst fulfilling it's role, that's why privatising it was a stupid idea in the first place.

[@footyball66]

it was not just a service for the public, but was a free service for all public services. A lot of letters are sent by the NHS, police, councils, government and they now all have to pay to send letters.

[@eskimo4130]

I bet the majority of tax payers would prefer not having to pay for RM these days, unless it offered a good parcel service, something that it has never done and will never do due to incompetence through and through leadership.

[@Mounhas]

@@eskimo4130 I use RM routinely for parcels & statically so do those sending to me. They know the areas in which they deliver. I have NEVER had a parcel delivered to the totally wrong address requiring me to be a detective or left in full display on my doorstep which other couriers have. Like so many utilities it should be renationalised.

[@davidcoffin7254]

Kiss those pensions goodbye. They'll be raided at the first opportunity.

[@alfsmith4936]

I' glad we've sold the Royal Mail off to a foreigner. It makes me feel all warm inside, knowing there's nothing but the NHS left, until we want a trade deal with the USA.

[@evolassunglasses4673]

Hysterical nonsense

[@DubSalvation]

@@evolassunglasses4673 let me know when you get your head out the sand

[@DaveATKIN]

​@evolassunglasses4673 prove it.

[@alanhat5252]

There's not much of the NHS left apart from the logo 😢

[@alfsmith4936]

@@alanhat5252 We could sell that to 'someone', who could charge people to licence it.. I wonder if we can get America to let us buy some Hersheys chocolate for it?..

[@hayleyxyz]

Another asset vitally important to normal life sold off Cheers

[@janetmalcolm6191]

Yeah and a locker you have to visit!

[@tirednsleepy44]

What is it with us privatising INFRASTRUCTURE. Surely vital infrastructure is a national security concern.

[@alanhat5252]

Yes but if they sell everything they can go sit on a Caribbean beach & still get paid!

[@nicholasdickens2801]

It is - until they need to make a little bit of money.

[@nondompom]

The past board members of RM were bloody useless. The destroyed a very profitable company, alienated the public and attacked its employees. All whilst taking massive bonuses for failing. If that's privatisation, posties say you know where you can shove it.

[@TeeBee303]

Royal mail died back in the very early 2000s.... The company has slowly rotted away by the fat cats at the top refusing to re invest and unions holding the company to ransom as the union leaders are in the pockets of the directors of the company

[@alfsmith4936]

Ok Victor Meldrew..

[@alanhat5252]

@TB You would do well to look at the achievements of Unions over the years.

[@kb4903]

@@alanhat5252what achievements? Acting as if Royal Mail is a good service and doing a poorer job than other services?

[@eskimo4130]

Finally a comment calling it out. People don't want to face the fact that there's no post to deliver, and that would cost the tax payer more money under renationalisation. If the CWU cared, they'd have nationally exccepted the bullying culture that is engrained within RM by now.

[@snaithhenderson85]

Czech guy has said he is going to introduce all these parcel lockers, the mail for your house will be put in a parcel locker that you have to collect, if you want it delivered you will pay a premium, his biggest overhead is having a postman stood at every frame. Massive savings right there.

[@scottrichards4532]

Yeah the ones everyone's else has had for ages ,Royal Fail always years behind.

[@paulfletcher7502]

Royal Mail is profitable the money is squandered

[@SavvyMoneyShow]

Noone is asking why it was privatised. To protect the postal pension. First thing they did post privatisation was scrap pension

[@garethwebb896]

Before privatisation Royal Mail started to go downhill when the monopoly was lifted and regulated to allow overseas courier companies to compete in the UK

[@bladechild2449]

Which courier ended up delivering actual mail? None. Yes the parcel "monopoly" was lifted, but jesus christ, current day royal mail wouldn't have coped if they still had that "monopoly". Royal Mail went downhill the moment they started cutting back on staff and brought in a system of more or less forced overtime. And a lot of this started happening in the lead up to the Tories selling them off.

[@xxPenjoxx]

RM worker here, I worked all through the pandemic as a key worker, watched my elderly colleagues get ill or worse, die. People who've given their whole life to a company have to watch it give all of its profits to shareholders and pilfers from our pensions. We need nationalised...thank goodness the Labour party are in power..., 🫥🫥 right?? 🙄 :\ Edit, grammar.

[@paulmorson7402]

The Labour Party ain’t saving RM anytime soon. They’re just as Dog Shit as the Tories.

[@DubSalvation]

Elderly people are more likely to get ill and die anyway so what’s that got to do with anything?

[@Suman-i5r7w]

Labour? Really but kier starmer is in reality a sideline tory. Unless that fool resigns and a real labour leader is in power the great from great britain will be privatised

[@alanhat5252]

We salute your service

[@eskimo4130]

Yeah me too, except that during CV the elderly were asking me if I knew of anyone who died, to which i didn't. I basically have a crap attitude to work now, and generally don't care. Mostly I thank the regulator and CWU for that because they're the ones who are there to look after us but actually don't give a crap.

[@geraldthomas8948]

Vincent cable and the Tories privatised royal mail who were fined 10 million the other day.

[@paulblair1724]

Yes. Since privatisation, a 500 year old mail company is not capable of delivering mail. It was more efficient with horse and cart

[@milanmediapro]

Greetings from the Czech Republic. In my opinion, Royal Mail should not be owned by any foreigner. Yes, I'm quite conservative. On the other hand, the main question is why the UK cannot effectively manage Royal Mail itself and why politicians decided as they did. Well, the answer is up to you.

[@janetmalcolm6191]

@milanmediapro Royal mail was just fine previously. They wanted the money from selling it off. Greedy Govt is the answer. Since being privatised it has gone down in regard to a good service given. It is also getting very expensive.

[@stevemartin7798]

This MP destroyed CEO Thomson about prioritising parcels over letters. Last week I was told deliver parcels leave letters, for 5 days running. So what has changed ? Nothing more fines do they care ? Obviously not utter joke.😢

[@DaveATKIN]

Royal Mail ended when George Osborne's pals made £38m overnight at privatisation whilst employees were given shares which they could not sell for five years by which time they had tumbled in value. Dave Ward might be painting this deal in rosy colours and it is possibly an improvement on the mess created since privatisation but it's still crap.

[@eskimo4130]

Dave Ward just saying whatever seems fit on the day in order to keep being paid until his retirement comes.

[@kirishima638]

Privatisation CAN work but only when there is adequate competition and a healthy market. RM doesn’t have that for letters because it has a monopoly over post offices and post boxes, and parcel delivery has become a race to the bottom. Worse, Post Offices are weighed down by all the non-postal services they do, from pension payments to car registration to passports.

[@FlbcImp]

Once it's in the hands of private owners they will do whatever they want despite so called caveats.

[@PaulaXism]

So since it was sold off in 2013 then

[@ExoticDoll-ct3ud]

England is long going down the pan, soon there will be nothing left. How do U think the young people must feel. We are treating ourselves and our younger gen very badly. These foreign investors should be stopped.

[@jkc3640]

If they are so concerened that the letters are a failing business now, they should hand it to another provider. I guess noone will take it as its not profitable and causes yearly backlash.

[@wonderman1918]

I used to work for Ecourier (owned by Royal Mail) and their management was the worst. Used to work hungry

[@PeterCreed-g7s]

You are correct mail delivery is a social right, well said😊

[@DaraM73]

Maybe we should sell off the Royals’ too?

[@DaveATKIN]

Not worth much.

[@zenoelea8239]

Andrew is to much of a liability.

[@babzo1]

@@zenoelea8239😅

[@robertsmyth3098]

Everything and everyone is up for sale in this country.

[@scottrichards4532]

Yes because we couldn't run a P up I'm a brewery.

[@kb4903]

Royal Mail service acts like it’s 1994 not 2024

[@neptuned488]

My local post office was closed and turned into a betting shop. All we have in town now is a poky desk at the back a convenience shop which is not fit for purpose.

[@kb4903]

@ what do you want? Email to not exist? Post office is a private service and business. They can’t keep a big branch open with other services out there and less letters.

[@satyasyasatyasya5746]

Economic Repatriation Now! (bring everything back into public or resident, national ownership. with no regard for those its being seized from.

[@alimantado373]

That will extend austerity, and English are already griping about the Labour government trying to level the books , and they havent been in office for a year. They prefer everything to fail under Tory leadership, because they think that Brityian will be like the 1950's or some olden years which I dont remeber in my lifetime and Im 60 next year.

[@alanhat5252]

Did you vote for Corbyn's Labour or the Greens? If you didn't you don't believe your own words.

[@pauljones3073]

It has already been scaled back.

[@MartinJames389]

Charles I was not 500 years ago. "Charls the man of bloud whose head is cut off" described the event of 30th January, 1649. That'll be 376 years ago in a few weeks. The Diggers launched themselves the following April. We celebrated their 350th anniversary in 1999.

[@susandellet7121]

Yes it will be only parcel service

[@alfsmith4936]

It'll be whatever harvests the most data

[@alanhat5252]

It will be whatever the Law says it will be, even if Parliament has to resume running the Service.

[@RolandoRatas]

So what now ? Royal Mail prices are up ? and Royal Mail sorting offices and Parcel drop off shops closing down ? I think it's to do with this Czech guy wanting data to sell onto foreign actors names, addresses, who is sending what where and what volume.

[@Dqtube]

LOL this guy doesn't care about the average Joe. He just takes the parts of the company that have value, separates them into another entity and sells them off and the rest goes bankrupt. He has plundered a number of businesses this way in the past.

[@RolandoRatas]

@@Dqtube Oh, ok so he's an asset stripper but he has to bide his time as he'll be on some fixed term agreement to not do that, so expect it to happen in 5 years time or so according to the agreement or see him bending the rules so that he can sell parts off that fall under the grey areas of the law and the contract agreement. I'm also concerned about data confidentiality with tracking shipments from companies etc and selling that on to competitors.

[@jccj123]

@@Dqtube Yep, I.e the property. Royal Mail owns probably Billions of pounds worth of property. He will sell them to EP through some loophole, and then rent them back to Royal Mail. By the time Royal Mail (if ever, though it should be now) becomes renationalised, the tax payer will be paying him rent to get our infrastructure back. Well Done Britain. A country's postal service is just that, a service. It's a public service designed to run without loss. Not to make profit. Why do we sit down. Henry VIII started Royal Mail 5 hundred years ago. I wonder how many heads would be chopped if he were resurrected...

[@jccj123]

*from Ep to another shell company

[@alanhat5252]

​@@jccj123Henry VIII's service was solely for himself & his Court, Charles I opened the Service to the Public in 1635.

[@imaresurcher]

public services should be run at their maximum efficiency possible no matter the cost. trying to run public services like a business, worrying about the profit and loss of a public organisation defeats the purpose of it. the purpose is to provide the service as best as possible because it is deemed a right of every citizen. there is no danger to the state taking a loss on a public service when it is has it's own sovereign currency, it is not a private company, it has no need for profit, it can create as much money as is ever needed to run it's public service. there is no loss for the government with sovereign currency, it's just a game theyre playing as if theyre part of the private market. MMT describes this

[@Smoothjock]

The loud whirring noise is Nie Bevan spinning in his grave! I can also hear Harold McMillan’s “Family Silver” speech about the Milk Snatcher’s policies when she was PM replaying in my head.

[@JSmith19858]

Except this time the family silver has been sold on to the Russian Mafia

[@neilherring]

Royal mail would be a profitable business if it wasnt run so shambolically.

[@sr6424]

You need to look at the basic problem is that sending letters is falling fast. The future with Royal Mail must be in parcels. They need to compete with parcel delivery companies.

[@matthewspencer4504]

“Fast” being less than 1% on last year. Cards up this year. Don’t believe every figure they put out

[@JSmith19858]

Even if they deliver letters every other day, there is still the same volume of letters and a postman can only carry and deliver so many in a day. And what are they going to do with the processing equipment the rest of the time? Rent it out?

[@eskimo4130]

Delivery points become a manageable number, while the letter numbers increase, therefore it's easier work for the postman, whilst being more financially sustainable. The issue is the regulator and the CWU. Reduced deliver days will not result in a loss of jobs either, RM is short staffed nationally. Increased service quality will result in higher parcel numbers, further securing jobs.

[@hobosliveson]

I don't know if Darren Jones doesn't know what he is talking about or is lying out his bum but Parcelforce is already holding up RM. If he is talking about GLS, that doesn't make nearly what it would need to do keep RM going. Also not how business, government or co-op work.

[@waynesimon2425]

Another thing Jeremy Corbyn warned us about, but we thought he was the crazy one😮 the NHS is next.

[@janetmalcolm6191]

@@waynesimon2425 Why do you think they were worried about Corbyn. Talking sense wouldn't have made money for lots of them. Privatisation did for some. Only some. Shareholders looked after.

[@britbazza3568]

Royal Mail is not a conventional business it is actually a service that effectively means it has a Act of Parliament of its own its also largely owned by the crown hence the word Royal in the name so the actual Parliament Act will effectively protect it and keep the letters delivery as part of the service that Royal Mail are obliged to offer along with the national network of post offices throughout the nation.

[@alanhat5252]

The Royal Mail was founded by the Crown but was taken over by Parliament after they executed King Charles I & established a short-lived Republic. They never gave the Service back to the Crown when they re-established the Monarchy in 1660.

[@alanhat5252]

Railway lines & canals also require Acts of Parliament but they're privatized. 😢

[@britbazza3568]

@alanhat5252 railways are franchised to a private company but the infrastructure is in public ownership so again still govt owned. Canals we're privately owned once but have been in uk for so long the govt let them go to ruin. They were only brought back into life by enthusiasts from the 1950s who dug them out and reused them but needed funding to do so so the canal trusts effectively did this to raise money for maintenance but they still come under environment agency govenance so are like a hybrid. The canals aren't vital to the running of the nation though. Also where Is the name Royal written on the railways and where is it written on any canal?

[@britbazza3568]

@alanhat5252 it still bears the monarchs head on all stamps and has done since the first penny black stamp just as the money notes do so effectively it is still owned by the Crown as is all the money notes in the uk..the money notes aren't owned by Parliament they are assets of the crown. As for your claim that the post office isn't controlled by the govt it is actually written unto the Parliament act of 2011 that the govt although actually only own 13% of Post office they retain the legal right over what it can and can't do effectively making Royal Mail a franchise like the Railways are a Francise that is controlled by the govt of the day which answered to the Monarch of the day. After all the Govts full title is His Majesty's Govt. For the Govt to work in the uk the King has to give permission for each Govt to form and each PM has to formally ask him to form a govt before the state opening of Parliament is carried out after each election. The king also is required by law to close the Parliament once every five yrs to elect a new govt so ultimately the Monarchy still runs the UK but through an elected vote by the people for their representation in Westminster effectively making the UK a Constitutional Monarchy with the Monarch sitting at the top of the tree then the Govt then the people. Why do you think the armed forces swear allegiance to the King or Queen of the day? Because if the Monarchy decides he can order the armed services to war or to forcibly close Parliament if required ! It is effectively a UK UK safety mechanism to stop a dictatorial pm or govt

[@tirednsleepy44]

He doesn’t ever speak? His autobiographer must have been riveted. “So…. Why do they call you sphinx? “…….” “Oh, so that’s for ME to work out… like a… riddle…” 🤯

[@JennyWalker-y5f]

Did anyone Google him and listen to him speak? I just watched this and find him very impressive. I cannot detect a slippery bone in his body from this but find it immensely sad that no British investor stepped forward. I like his manner and considered responses. Truly impressive speaking in a language that is not his native language . Not a shred of arrogance-unlike other billionaires that adore the limelight…. And he does comes across as open and honest throughout-he mentions transparency being important to him at the end. I feel great fondness for Royal Mail and it is a tragedy for the High Street and our communities that our local post offices closed. Parcel delivery is the lucrative part and growing all the time. I guess RM must leverage on its infrastructure and experience to keep up letter delivery while offering a great parcel delivery service at the same time. Hope so! Viva Royal Mail! 😍

[@JennyWalker-y5f]

m.kzbin.info/www/bejne/rp2mqmisZt6WrKM

[@mikeharvey9811]

It was not going to survive after SIR Vince sold it off, but hey, doesn’t he dance well? Barb

[@boarbot7829]

Royal mail is already privatised though? It should be bought back by the government though, it's literally a vital service.

[@jasonmonkebay]

The CWU union helped this to happen every step of the way.

[@olliecooper4232]

It is the same cost to send a card from Penzance to Inverness then Bristol to Inverness 1.65 first class stamp. This should be changed.

[@alanhat5252]

No, the 1839 unification of prices resolved a horrendous & expensive mess of different charges.

[@olliecooper4232]

@alanhat5252 It is loss making to fund a business where there is one set price for cards or anything below 25cm, regardless of location.

[@alanhat5252]

@@olliecooper4232 it's a _service_ not a business. Its purpose is to deliver mail not to turn a profit.

[@marcgodfrey1]

Well that's the end of the royal mail

[@footyball66]

Surely when Royal Mail was owned by the public the NHS, councils, the police (all public services) could send letters for free. As RM is now privatised how much is the NHS forking out each year to send letters?

[@Suman-i5r7w]

Funny how all da shiite comes out of tax payers money but still da governments make a healthy bonus each year.

[@kb4903]

Just send email.

[@MilkFart-j7i]

@@kb4903 Emails are easier to intercept compared to physical mail. It's much more difficult to scam someone when they know that HMRC, NHS etc only correspond by letter

[@npcoo337ooo7]

The moneys in parcels not letters , letters could be renationalised.

[@jkc3640]

true but noone would want to take them on, its a non-profitable venue, with too many delivery points and people moaning if they miss a letter by 1 day!

[@US-SPX-500]

Life as a billionaire hedge fund manager always taking advantage of the Europoors is great

[@philippevie3258]

Joke of a company you can see what direction its heading and they r systematically running it that way on purpose it'll be unrecognisable in about 4 years from the board to local management just totally inadequate n incompetent

[@SabaMalik-v8p]

Of course it is you won’t be able to call it Royal Mail anymore

[@nathanaelsmith3553]

The internet has meant that fewer people are posting letters, but it has also meant that more people are ordering online and so sending parcels. So why the failing business?

[@bladechild2449]

Even that is a bit of a myth. Sure, people weren't sending their own personal letters, but loads of companies were still sending stuff, especially advertising material. I worked there from 2008 up to 2019, and not once did I ever see volume drop. In fact it got heavier, as the parcels piled up and forced everyone into shared van routes. As for parcel competitiveness, they just can't cope with how other companies do it with track and trace things. Unlike Amazon they can't cope with the strain of mass next day delivery. Posties don't logically have the time to take pictures of parcels being delivered, don't have time to get 100 signatures a day, or to drop them off at neighbours... they've got 700 other houses to deliver mail to as well on a 5 hour duty. I almost laughed when they introduced the idea of also picking up collections from customers on their route too. Management are absolutely clueless as to what the job physically entails

[@alanhat5252]

The Royal Mail was running for well over a century before it was opened up to the Public by Charles I in 1635. Mail volumes have increased every year since.

[@nathanaelsmith3553]

@@bladechild2449 So plenty of business to be had then. Vulture capitalism at its finest.

[@jkc3640]

@@nathanaelsmith3553 Its fairly simple: Letter volumes are dropping and parcel volumes are going up. However the delivery points are increasing with every property built. They create walks that are unmanageble. They lose about £1m a day on letter deliveries, when they tried to get to change the USO to at least half the loss by not delivering every day the govnmt said no. They cant take on more parcel as its also having to deliver the USO. The letters are killing it. whatever profit they would have off parcels they are being delivered late.

[@alexanderflorence7176]

Tax agent who rely on it to send certain stuff to HMRC

[@nigeljohnson9820]

Yet again this Labour government is proving its tory credential. How can it be called Royal Mail, then again the British royal family is really german.

[@Phuc_Yhou]

It was sold by the Tories over a decade ago, what's the Labour government got to do with it?

[@nigeljohnson9820]

@Phuc_Yhou selling it off for asset striping and modifying the service requirement to aid the process.

[@Phuc_Yhou]

@@nigeljohnson9820 what part of the Labour party are not selling it do you not understand?

[@nigeljohnson9820]

@Phuc_Yhou and what part of :The sale of Royal Mail to Czech billionaire Daniel Kretinsky has been approved by the government.

[@nigeljohnson9820]

What part of :"The sale of Royal Mail to Czech billionaire Daniel Kretinsky has been approved by the government" . Do you not understand? Royal Mail's headquarters, tax base, and corporate structure will remain British for five years under the "legally binding" agreement. The Labour party is simply completing the sell off of Royal Mail to a foreign investor that the Tories started. It is a sale that deserves far greater scrutiny. It should be stopped in the national interest.

[@r8chlletters]

A great tragedy.

[@jaxamilius5237]

this will "never" happen to NHS,,, no no

[@davidhartley5558]

I can't see this new guy being any good running royal mail he will run it into the ground and take all the money another Robert Maxwell 😂

[@mnh31113ah]

The difference between the railways and letter delivery is that the latter is in terminal decline. Are we really going to nationalise the business so people can send greeting cards and for the NHS to stay stuck in the 20th century?

[@steveb6386]

Ironically the railway companies are owned by other countries, two (France and Germany) have nationalised railways. The other fun fact is the private railways enjoyed more taxpayers money as subsidies than the old BR did in its entire lifespan since WW2.

[@alanhat5252]

All Public Services & all businesses use the Mail, it's more reliable & less easily intercepted than electronic communications.

[@SirHumpyA]

DON'T BE DAFT that died in 2004 when the mail trains ended, the rest is just collateral since, funny how labour wanted public services and don't mind selling off the oldest one

[@Suman-i5r7w]

I like working for royal mail be it hard work but da only thing that i hate in this job is the damn idiotic dog owners who cant seem to keep their dogs secure when we knock. Im always in stress thinking when i go out on my round to which idiots dog will bite or chase me.flippin priks keep saying o it wont bite. Fed up of hearing that. Those people should be heavily fined or even arrested for putting posties at risk

[@LawrenceBishton]

If Royal mail can help me to get an answer as why my currency bank account was shut for no reason with out being able to get the reason because .......thier is reason and not here in geographic times. Fractal nudging is an opportunity but not when the 1 that's been split has been given support on how the property should function in a fractional system where lock down is clock down 1 is3 hands on the same clock is another 3 hands pushud forward making the clock 2 hr forwards in 1 area uk then 1 hour forward in GB its a time spacial over ley🤔 as in fractions cauterisation of the time zone (heart/sleep/tensioned) timed sequence systematic targeting

[@Cherrytune386]

A british millionaire should have bought it! 😡😡😡

[@foldingglint1514]

@@DDQ5057no

[@DubSalvation]

It sold for billions though?

[@machidaman]

I do hope so. It is not fit for purpose and i literally deead putting my post in their hands as it so often goes missing. I certainly don't use them where I have a choice so my parcels go elsewhere.

[@LimeyRedneck]

🤠🍋‍🟩

[@jimmy3651]

Rubbish

[@norm4242]

This woman presenter has no knowledge of what she's talking about, the company didn't lose 1 billion in the last year, typical of women today all show no substance.

[@alanhat5252]

The FT reported a £1bn loss last year.

[@norm4242]

@alanhat5252 the full year results for 2023-2024 show IDS made a profit of 26 million. It's basic fact checking. Stop spreading misinformation

[@norm4242]

@alanhat5252 read the full year results for 2023-2024, IDS made a profit of 26 million.

[@mark-z5p5b]

​@@alanhat5252I very much doubt it, the full year results for 2023-2024 show 26 million profit for IDS.

[@riversguy92]

She might be wrong on this , who knows, but it’s not an excuse for you to promote your incel crap. Completely irrelevant to the topic at hand. Get off the internet and go talk to real women you may stop being so bitter👍

[@ieuanjones7436]

Good because without british hands touching the Royal post and give to overseas country it will run better without the british stuffing it up.

[@thecritic81]

yes

[@NeonVisual]

Boomermail

[@kb4903]

Anyone can deliver mail. Royal Mail is a terrible unreliable and outdated service. The workers have unionised themselves out of date by refusing to modernise.

[@zenoelea8239]

Bollocks.

[@silondon9010]

Modernisation is just a euphemism for destroying terms and conditions of postal workers

[@stevemartin7798]

That's rubbish it has gone downhill since the Pandemic when we were all heroes, sold out by a union that lied and lied about what we were striking for. We were told Royal Mail have the money ,

[@richardlawson2423]

The workers haven't refused to modernise at all get your facts correct

[@silondon9010]

@@kb4903 modernisation is just a euphemism for destroying workers terms and conditions of Employment, Royal Mail is in a race 🏎 to the bottom on workers rights

[@footyball66]

The public are actually keeping the postal service running. The amount of letters they get is ridiculous in this day and age when everything is digital. The amount of people that get 3 to 5 letters per day, virtually every single day of the year is astonishing. What information do these people need every single day? I personally only get 1 letter per month and typically I don't even need that. If all these people, typically aged 60+ actually bothered to go digital, then the postal service would die off pretty quickly. Once that boomer generation dies off then post will be dead.

[@Kieran-m7f]

Not every company sends everything digitally M8? Some stuff has to come in post give Ur head a wobble and stop moaning?

[@alanhat5252]

The Royal Mail is more reliable & less easily intercepted or datamined than electronic communications, that's why it's used by Public Services & businesses.

[@Kieran-m7f]

@alanhat5252 you say that 🤦🤣 clearly haven't had something lost nothing is reliable anymore

[@mikeharvey9811]

Watch garyeconomics, why we are poorer. Barb

[@kaitlyn__L]

"So that was the vocal sphinx, there..." I love Ed's dry humour. I'm never quite sure if the others in the room get it, when he makes jokes like that, or if they're just focused on getting the points in and avoiding digressions.

[@DW-indeed]

Oh they get it. The pregnant pause afterwards was the eye roll.

[@kaitlyn__L]

@@DW-indeed I do usually think Ava gets it, though maybe doesn’t appreciate it, but I also mean more generally rather than just in this example. Especially when there’s guests, but also sometimes when there’s all 3 Ollie can zoom past so fast that it’s hard to tell.