Ed Davey MP: Ready for the challenge of Royal Mail reform

[POSTMAN]

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I was a management consultant before you elected me in 1997. Back then, I specialised in postal services: I worked for the equivalent of Royal Mail in various countries – including Sweden, Taiwan, Belgium and South Africa.

So for me it’s exciting now to be the Minister responsible for reforming two great British institutions – Royal Mail and the Post Office.

This week the Government will publish plans to privatise Royal Mail and later on our plans to reform the Post Office – which will not involve a sale.
We have different strategies for Royal Mail and Post Office because they are different businesses: Royal Mail collects, sorts and delivers billions of physical items to 28 million addresses UK-wide. The Post Office is a franchised network of 11,500 retail offices (97% of which are privately run now!) where the public benefits from services like obtaining pensions and weighing parcels.

So what are our plans?

Royal Mail is in a mess - letter volumes falling due to email, a massive pension deficit and huge annual losses. It needs major new investment – but the Exchequer has no money! So private capital is the only option. Yet this is privatisation with a big difference, as employees will benefit from what in percentage terms will be the largest employee share scheme of any major British privatisation scheme.

You will have to wait for our exciting plans for the Post Office – but, in a sneak preview, I can say they will NOT include a programme to close thousands of post offices! I fought post office closures in Opposition and as Minister, I don’t intend to repeat that damaging mistake.

[clashcityrocker]

So for me it’s exciting now to be the Minister responsible for ruining two great British institutions – Royal Mail and the Post Office.

Yes it is very exciting for us to.
So exciting a tiny bit of wee came out when I heard about his appointment.

[fishtank]

Royal Mail is in a mess

Maybe you should ask Alan Crozier for his £2,420,000 back.
Maybe you should ask Alan Cook for his....£1,250,000 back.
Maybe you should ask Ian Duncan for his...£1,400,000 back.
Maybe you should ask Mark Higson for his..£1,730,000 back.

It would be a start...every little ...helps.

[Stormproof]

I was a management consultant before you elected me in 1997. Back then, I specialised in postal services: I worked for the equivalent of Royal Mail in various countries – including Sweden, Taiwan, Belgium and South Africa.
.

That was 13 years ago and a hell of a lot has changed since then. kin idiot!

[G O Root]

I was a management consultant before you elected me in 1997. Back then, I specialised in postal services: I worked for the equivalent of Royal Mail in various countries – including Sweden, Taiwan, Belgium and South Africa.
.

That was 13 years ago and a hell of a lot has changed since then. kin idiot!

" I specialised in postal services".
Unfortunately not the ones in this country you tube

[britwrit]

In short:

Royal Mail is a mess, the market is shrinking incredibly but.... Someone is going to pay billions to deal with this supposed headache.

The government has no money but we're going to financially support a network of post offices anyway.

Three short years as a management consultment a long, long time ago gives me the authority to pontificate endlessly about what to do.

In South Africa, Belgium and Sweden, the postal workers there revere me as a sort of messiah. In fact, if this politics gig doesn't work out, I'm going to transform this cult of personality into the world's Fifth (...or Sixth, whatever) major religion.

[fishtank]

consultant -
1 a jobless person who shows executives how to work
2 someone who takes the watch off your wrist and tells you the time
3 someone who knows 101 ways to make love, but can't get a date
4 the working title of anyone who doesn't currently hold a job
5 a tipster disguised as an oracle, especially one who has learned to decamp at high speed in spite of a large briefcase and heavy wallet

[Wiggins79]

Yet this is privatisation with a big difference, as employees will benefit from what in percentage terms will be the largest employee share scheme of any major British privatisation scheme.

So on the one hand you say the company is in "a mess," yet you expect workers to be grateful for a stake in such a completely failed business? Yes, I can just foresee the massive bumper dividends we will get from these valuable shares.