Possible delay of the whole privatization thing...

[Mark_Law22]

Dunno if this has been posted already butttt.....

http://www.telegraph.co.uk/news/uknews/ ... ction.html" onclick="window.open(this.href);return false;

[chunk]

absolute hatchet job.
especially this bit.

n March, Royal Mail announced thousands of job losses in London and warned that the value of shares introduced in a 2007 options scheme and due to complete next year was worthless because of the company’s financial position, although staff had benefited from bonus payments.

The whole article is designed to mislead the public.
The shares are worthless and by implication that the company is also worthless
The thousands of job losses equals a failing shrinking company.
Dont forget the parasitic workers still receiving bonuses!

We all know the "shares" are valued at whatever rm says theyre worth
and predicted job losses are mainly due to reorganization and merging of mail centres.
All this in the pursuit of higher efficiency and profits ,and not due in any real sense to mail volumes.
Joe public reads the article thinks rm is a basket case and needs privatising...

[TrueBlueTerrier]

I am afraid Fishtank posted it already http://www.royalmailchat.co.uk/communit ... 18&t=36182" onclick="window.open(this.href);return false; but many thanks anyway.

[ziko]

Chunk - unfortunately your spot on pal.