GBP1.7 billion warchest to destroy union - Williams & Thompson

[SogladIvotedBrexit]

pppppp

[k979aaa]

It’s always worth remembering a billion is a 1000 million. They spaffed 800m in less than a year so it’s only roughly half that.

Sounds like rubbish to me. Maybe they are weighing in the super hub for scrap and selling their assets to fund it.

There's something new you learn everyday: a billion is a thousand million. I must remember that.

People often use the two figures interchangeably. It's pretty eye opening when u realise a million seconds is about 12 days, and a billion seconds is about 32 years. The wealth billionaires hold, they can never spend. Royal Mail's £1.7 billion war chest could cover the million pounds a day loss for somewhere between 4 and 5 years... I think.

Aside from Royal Mail's £1.7 billion war chest being fake news - it's all a drop in the ocean in comparison to the £3600000000 Elon Musk paid for Twitter.

Wonder how much Royal Mail Chat is Worth?
A greasy bag of chips perhaps.

Worth more than your s**t comments suck it up big guy while your jerking yourself to death!

You know the location of your toilet basin boy... now stick your head right down it.

There's a turd like you blocking it and the deal have you finished jacking off yet on here.

[SogladIvotedBrexit]

ppppp

[k979aaa]

It’s always worth remembering a billion is a 1000 million. They spaffed 800m in less than a year so it’s only roughly half that.

Sounds like rubbish to me. Maybe they are weighing in the super hub for scrap and selling their assets to fund it.

There's something new you learn everyday: a billion is a thousand million. I must remember that.

People often use the two figures interchangeably. It's pretty eye opening when u realise a million seconds is about 12 days, and a billion seconds is about 32 years. The wealth billionaires hold, they can never spend. Royal Mail's £1.7 billion war chest could cover the million pounds a day loss for somewhere between 4 and 5 years... I think.

Aside from Royal Mail's £1.7 billion war chest being fake news - it's all a drop in the ocean in comparison to the £3600000000 Elon Musk paid for Twitter.

Wonder how much Royal Mail Chat is Worth?
A greasy bag of chips perhaps.

Worth more than your s**t comments suck it up big guy while your jerking yourself to death!

You know the location of your toilet basin boy... now stick your head right down it.

There's a turd like you blocking it and the deal have you finished jacking off yet on here.

You seem to have an excessive preoccupation with touching yourself K979aaa.

No I just don't like people like you telling me what to do and the value of this site do yourself a favour and kindly f**k OFF!

[SogladIvotedBrexit]

ppppp

[k979aaa]

It’s always worth remembering a billion is a 1000 million. They spaffed 800m in less than a year so it’s only roughly half that.

Sounds like rubbish to me. Maybe they are weighing in the super hub for scrap and selling their assets to fund it.

There's something new you learn everyday: a billion is a thousand million. I must remember that.

People often use the two figures interchangeably. It's pretty eye opening when u realise a million seconds is about 12 days, and a billion seconds is about 32 years. The wealth billionaires hold, they can never spend. Royal Mail's £1.7 billion war chest could cover the million pounds a day loss for somewhere between 4 and 5 years... I think.

Aside from Royal Mail's £1.7 billion war chest being fake news - it's all a drop in the ocean in comparison to the £3600000000 Elon Musk paid for Twitter.

Wonder how much Royal Mail Chat is Worth?
A greasy bag of chips perhaps.

Worth more than your s**t comments suck it up big guy while your jerking yourself to death!

You know the location of your toilet basin boy... now stick your head right down it.

There's a turd like you blocking it and the deal have you finished jacking off yet on here.

You seem to have an excessive preoccupation with touching yourself K979aaa.

No I just don't like people like you telling me what to do and the value of this site do yourself a favour and kindly f**k OFF!

You utter hypocrite and disbeliever in free speech. You are ok to outright abuse the posts you find not to your liking with your questionable perverted insinuations. You F**K OFF!.

Nice to see you have a good day and whistle dixy for you guys should preserve the 1st amendment do you know what it is. Thing is are you going to shoot me now well punk are you going to do it. Well save your time looking for me just go for the pop stars like john lennon thats what nut jobs like you do. We use our fists over here to sort this out and our basin is a toilet and by the way bet you have had a good fisting in your time have you not?

[SogladIvotedBrexit]

pppp

[k979aaa]

Your not saying much and your sad as you have been overwhelmed by me so nice to converse with you see you again

[Seymour Buts]

Probably fair to point out that he never said that, certainly if those quotes from him are complete. This is the written press stirring again by attaching punchy headlines that completely misrepresent what has actually been said. There's plenty to attack the board about without needing to lie about what they are saying.

[I-POSTIE]

FROM THE TELEGRAPH

By
Oliver Gill,

CHIEF BUSINESS CORRESPONDENT

15 December 2022 • 4:51pm

Communication Workers Union (CWU) demonstrate outside the Scottish Parliament building in Edinburgh

The leaders of Royal Mail have vowed to ignore striking workers as thousands cross the picket lines and support for industrial action crumbles.
Chairman Keith Williams and chief executive Simon Thompson said that they intend to push through reforms to the business with or without the backing of the Communication Workers Union (CWU), ahead of another round of walkouts in the days before Christmas.

In an interview with The Telegraph, they said that 12,000 postal workers are prepared to cross the picket lines each day – a sixfold increase since autumn – and that the company has allocated £1.7bn to invest in the business as a war of words with the CWU continues.

The interview came just hours after CWU general secretary Dave Ward upped the ante on Wednesday evening, describing the Government as a “shower of corrupt b******* in Westminster" as he voiced support for striking nurses.
Royal Mail is pushing through automation that it says is essential for the future of the business, but which the CWU claims will lead to waves of unnecessary job cuts. Workers have been offered a 9pc pay rise which the CWU has so far rejected.
Mr Williams said: “It's an important point which people miss, which is: we have the ability to change.

“The change is going to happen anyway. We'd like to secure the change that we need from the people, which is pretty limited, to give them the 9pc pay rise that's on offer.
“[But] change can happen as a result of the cancellation of the agreements [earlier this year], and will happen regardless of whether there's an agreement with the union or not.”

A wave of strikes has forced Royal Mail to warn that customers should post all their Christmas cards and presents by Friday this week or risk them not arriving in time. Workers walked out on Wednesday and Thursday this week, and will be striking again on Dec 23 and Christmas Eve.

Proposed reforms include Royal Mail’s parcel arm switching to hundreds of freelance “owner-driver” postal workers. Until recently, only a quarter of Parcelforce drivers could be self-employed, but the changes will mean this can be lifted to 100pc, for instance.

Royal Mail expects to rack up losses between £350m and £450m this year.
Mr Williams, a veteran of disputes during his time as British Airways chief executive, said: “Most of that loss is not attributable to strikes. it's actually attributable to the change that you need in the business.
“As you change the business, you're actually improving the business. Yeah, they can be out on strikes, but the strikes are not are not the big element of the loss.”
Mr Thompson said that Royal Mail was determined to ensure that Christmas parcels would be delivered on time, with 2,000 administrative staff dispatched to the front line to help.

Mr Williams said: “We've now got all the accountants and lawyers on the front line delivering post.”
In autumn around 2,000 postal workers were prepared to cross the picket line, a figure that has now swelled to 12,000 members of staff.
Tempers have flared with the police called in earlier this month amid claims of physical violence and vandalism. One CWU representative is facing accusations of headbutting.

Mr Williams said: “The irony of this one is that because it's Christmas, the parcels market holds up nicely.”

But the strikes did impact on the letters business, he added. A quarter of Royal Mail’s letter volumes are typically delivered in December. “They [the CWU] are actually destroying Christmas cards, which are letters, which is what they're trying to preserve.”

The CWU will ballot its 115,000 members at Royal Mail for another six-month mandate to strike in January.
Mr Williams said: “What they're saying is that we're threatening 25,000 compulsory redundancies. It is nothing more than a scaremongering tactic going into the next ballot.”

Meanwhile he sprang to the defence of Mr Thompson, who Mr Ward has attacked for being “out of his depth” as CWU members held placards saying “Thompson out”.
He said: “If you look at the history of this one, it was [ex-CEO, Adam] Crozier out. Moya [Greene] out. Rico [Back] out. And now it’s Simon [Thompson] out. There’s a fact pattern here of playing the man not the ball.”

Mr Thompson added: “I am representing the voice of the customers. So is it ‘customers out’ when they say ‘Thompson out’?

“I don't think it is nice. And I don't think it's necessary. But I think more fundamentally, it diverts us away from what are the real true issues.”

END

[pieoftheday]

Be very interested to see how the above pans out

[post6675]

Be very interested to see how the above pans out

He will most likely be making the post for likes and if he goes ahead he will most likely get laughed out of the courts early on in the process

[Slim2none]

Why would he be laughed out of the courts? RM have a legal obligation to the USO. They also have a commercial obligation to provide the service that customers are paying for. To knowingly charge for a service that you know you have no intention of providing is fraud. That is no laughing matter, in or out of a courtroom.

[daveyeff]

wrong date on it for a start. Wednesday was the 21st not 23rd.

[I-POSTIE]