Royal Mail says strikes have cost it £ 200m

[Chitchat]

Most of that 250million was charges for damage, to all the hire vans driven by the casuals.

[Daver9]

Most of that 250million was charges for damage, to all the hire vans driven by the casuals.

[kazardaimenu]

Article also states:

Royal Mail is trying to revamp its business as it moves away from delivering letters - which is no longer profitable - to parcel deliveries, which is a growing market thanks to the popularity of online shopping.

Makes it sound like Royal Mail are literally abandoning letters full stop. 100% parcel business soon. 0% letters.

They will never turn down a door to door contract! Had 7 sets in this week.

[walthmstowman]

https://www.bbc.co.uk/news/business-64410443

The owner of Royal Mail says the recent wave of strikes at the postal firm have cost it £200m so far.

The dispute with workers in the Communication Workers Union has led to 18 days of walkouts since August.

Royal Mail owner International Distributions Services said the letter and parcels business had lost £295m in the nine months to the end of December.

The firm also said it had been hit by a continued fall in the number of letters being sent and "weaker retail trends".

Just take it out of the £1.7Billion they say they've got to destroy the union . Anyway. Royal Mail should have thought about that earlier before they decided to be arrogant and tear up every national agreement they had with the union . Also , I just wish Simon Thompson and his circus in the boardroom would stop with all their lies .

[walthmstowman]

Simon Thompson cost them 200 million.

Exactly. He's well worth his £140.000 bonus .

[WalkerX]

https://www.bbc.co.uk/news/business-64410443

The owner of Royal Mail says the recent wave of strikes at the postal firm have cost it £200m so far.

The dispute with workers in the Communication Workers Union has led to 18 days of walkouts since August.

Royal Mail owner International Distributions Services said the letter and parcels business had lost £295m in the nine months to the end of December.

The firm also said it had been hit by a continued fall in the number of letters being sent and "weaker retail trends".

Just take it out of the £1.7Billion they say they've got to destroy the union . Anyway. Royal Mail should have thought about that earlier before they decided to be arrogant and tear up every national agreement they had with the union . Also , I just wish Simon Thompson and his circus in the boardroom would stop with all their lies .

[WalkerX]

Article also states:

Royal Mail is trying to revamp its business as it moves away from delivering letters - which is no longer profitable - to parcel deliveries, which is a growing market thanks to the popularity of online shopping.

Makes it sound like Royal Mail are literally abandoning letters full stop. 100% parcel business soon. 0% letters.

They will never turn down a door to door contract! Had 7 sets in this week.

Is "the litter" going to be delivered with the over-sized? That`ll slow `em down.

[heraldmoth]

This is a non story, they got what they wanted and deserved

[ANDREW CROCOMBE]

Come on then, show everyone the books and where the £1 million a day is going. Every bloody penny. Letters in decline and the parcels aint gonna increase that much, cut your cloth (or your throats)

[mmalecki88]

As I remember they said that 1%pay rise is 40mln.
200=5% pay rise for us.
instead of this Simon throw that money to the bin.

[pinstripe]

Simon Thompson cost them 200 million.

Exactly. He's well worth his £140.000 bonus .

I’d have to work for 7 years and never spend a single penny just to earn his bonus

[postslippete]

This article may just as well be written by Royal Mail itself


Pay is not the KEY issue in our dispute!

And the main reason why the business has lost money and caused the CWU to ballot for strike action in the first place is because Royal Mail are not interested in negotiation; they simply want to force through changes by executive action. Changes that mean many of us will be substantially worse off despite any pay increase on offer.

[robson144]

This article may just as well be written by Royal Mail itself


Pay is not the KEY issue in our dispute!

And the main reason why the business has lost money and caused the CWU to ballot for strike action in the first place is because Royal Mail are not interested in negotiation; they simply want to force through changes by executive action. Changes that mean many of us will be substantially worse off despite any pay increase on offer.

Exactly! I’d rather it go back to the way it was 9 months ago than have a pay rise now!

[guardianangel]

Cool ,wait until the next 6 months of strikes,i say if they are going to treat us like victorian slaves lets take them down with us.Hopefully the first wave of strikes will be heavy and show them we are still here and going nowhere.

[walthmstowman]

This article may just as well be written by Royal Mail itself


Pay is not the KEY issue in our dispute!

And the main reason why the business has lost money and caused the CWU to ballot for strike action in the first place is because Royal Mail are not interested in negotiation; they simply want to force through changes by executive action. Changes that mean many of us will be substantially worse off despite any pay increase on offer.

Exactly! I’d rather it go back to the way it was 9 months ago than have a pay rise now!

This attack on our terms and conditions was coming our way regardless due to the mismanagement of the company.