Darren Jones MP - select committee - - what's happening?

[k979aaa]

Question IF RM went bust, would the shareholders then disappear ? Or would they have to be paid off ?

“Delivering for the future: a universal mail service and community post offices in the digital age”

2.27. As an ultimate protection for the universal service, the Bill includes provision for special arrangements should a universal service provider
be at risk of entering insolvency proceedings. In such circumstances, the Government, or Ofcom with the consent of the Government, could apply to
the court for a postal administration order. If granted the key objective of the administrator would be to ensure that the universal service is maintained.
We do not expect ever to have to use these provisions but they provide an additional safeguard for the universal service, recognising its social and economic importance in the UK. This approach mirrors that taken in the energy and water sectors"

Thing is it does not stop the wanton destruction of the service/business and expect the taxpayer you and I to pay for their reckless behaviour while these people disappear into the sunset with all the cash like a bunch of scammers that they are!

[twoloops]

Got to this bloke

[guardianangel]

Just another MP spouting off,never seen him on any picket lines supporting us,he will do nothing,dont forget we are now coming into prime time election season these lot will say anything.

[richietns]

Thats a bit harsh he's put a huge spotlight on what royal mail are doing collected loads of evidence and sent ofcom his findings and the last mp who stood on the picket line got sacked if I recall.

[Burghboy]

Just another MP spouting off,never seen him on any picket lines supporting us,he will do nothing,dont forget we are now coming into prime time election season these lot will say anything.

here he is explaining what he is doing...

https://fb.watch/jIkIjgVThX/

[guardianangel]

Just another MP spouting off,never seen him on any picket lines supporting us,he will do nothing,dont forget we are now coming into prime time election season these lot will say anything.

here he is explaining what he is doing...

https://fb.watch/jIkIjgVThX/

ive watched it but still don't have any faith in any politician helping a postie,look at the way the post office under government ownership treated the counter owners for 20 years,even Russia dont treat their people that bad ,our parliament is rotten to the core even thou Darren seems like a nice guy i still don't believe anyone will be held accountable for the corruption at Royal Mail,we only have to look at the British governments history ,Hillsborough,Grenfell to name a few on a long list of criminal activities,dont be fooling yourself this is not a democratic country.

[richietns]

Just another MP spouting off,never seen him on any picket lines supporting us,he will do nothing,dont forget we are now coming into prime time election season these lot will say anything.

here he is explaining what he is doing...

https://fb.watch/jIkIjgVThX/

ive watched it but still don't have any faith in any politician helping a postie,look at the way the post office under government ownership treated the counter owners for 20 years,even Russia dont treat their people that bad ,our parliament is rotten to the core even thou Darren seems like a nice guy i still don't believe anyone will be held accountable for the corruption at Royal Mail,we only have to look at the British governments history ,Hillsborough,Grenfell to name a few on a long list of criminal activities,dont be fooling yourself this is not a democratic country.

Yes its corrupt but don't get in the mindset like redlen or filthybloke that just plays right into RMs hands,anyone who is shining light on our top management blatantly set out plan to break up the company and have a gig economy job for Bonuses etc is rare.

[ddtc]

Just another MP spouting off,never seen him on any picket lines supporting us,he will do nothing,dont forget we are now coming into prime time election season these lot will say anything.

I think he did actually go to a picket line. Remember seeing a picture of him.

[k979aaa]

Thing is downsizing going to work with all the fines they will pay?
Yes it will we will bribe them!
Well if that does not work!
We will have opportunities at our offices with a good renumeration package!
If all else fails it was not us but the union who done it!

[Tman]

Whatever that lot's supposed to mean...

[redlen]

People are under the impression OFcom are going to give Royal Mail a financial penalty and everything will be fine?

Reality dictates even if Royal Mail gets that financial penalty it will simply write it off with the tax man as a business expense so the tax payer suffers.

[robking]

People are under the impression OFcom are going to give Royal Mail a financial penalty and everything will be fine?

Reality dictates even if Royal Mail gets that financial penalty it will simply write it off with the tax man as a business expense so the tax payer suffers.

Wouldn't any fine be paid into the treasury?

[redlen]

The tax man is the treasury so in reality, the tax payer is paying for that financial penalty as a business expense

[k979aaa]

People are under the impression OFcom are going to give Royal Mail a financial penalty and everything will be fine?

Reality dictates even if Royal Mail gets that financial penalty it will simply write it off with the tax man as a business expense so the tax payer suffers.

Not so the implications of this is far and wide the taxpayer is nothing to do with the willful mismanagement corruption of this whole business it is a smoke screen folks. Thing is your a service provider how the f**k have the DSA providers not sued us yet because of the whole incompetence of the whole board of directors is beyond belief. The s**t is yet to hit the fan and they are already blaming us as postmen/postwomen for their failed strategy and pushing all these lies that it is everyone's fault but themselves! In times gone by leadership was a quality now it is a cop out of I say this and I did not know but you Know we all know try silence us all. The real hurt here is not just us but democracy as we know it the truth hurts some people yet they have fools who back them and that is where the battle will begin!

[redlen]

In 2018 OFcom gave Royal Mail a 50 million financial penalty for breaching anti competition laws, Did not bother them in the slightest.