Not sure of the "profits" before privatisation, but we were a slick operation, surviving on govt subsidies, and delivering every single item, every single day, with a workforce who were respected and content in their jobs.TopperGas wrote: ↑16 Oct 2025, 17:34What profits? Assuming RM make some profits from the parcel deliveries/PF then the mail side of the business must run at a big loss?roadrunner bill wrote: ↑16 Oct 2025, 02:36Royal mail have done this to themselves, self inflicted, by running the business into the ground, asset stripping, and forcing impossible work loads on its posties.. in pursuit of profit..
Now,, every one has left, there no one left in delivery to deliver the post..
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Royal Mail fined £21m
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Londonsburning
- Posts: 1018
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- Gender: Male
Re: Royal Mail fined £21m
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Londonsburning
- Posts: 1018
- Joined: 09 Oct 2024, 18:14
- Gender: Male
Re: Royal Mail fined £21m
A happy workforce is a productive workforce. 
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Mr Rush
- Posts: 3274
- Joined: 05 Aug 2011, 14:27
- Gender: Male
Re: Royal Mail fined £21m
How can RM lose money on letters when it takes payment for delivering them but doesn't provide the stated service? If anything they've upped the margins on letters by defrauding customers, which is what this fine (like all the previous ones) is attempting to discourage.
The machine stops.
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Wullie10
- EX ROYAL MAIL
- Posts: 708
- Joined: 30 Jul 2017, 12:07
- Gender: Male
- Location: Retired
Re: Royal Mail fined £21m
Another fine so more bullying from managers chasing bonuses on unachievable targets. Nothing ever changes with this firm.
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SpacePhoenix
- MAIL CENTRES/PROCESSING
- Posts: 12124
- Joined: 12 Nov 2008, 17:03
- Gender: Male
Re: Royal Mail fined £21m
What really done the damage was when RM was forced to bring in DSA. Up until then the Mailsort 1, 2 & 3 helped to subside stamped mail and letters in general.Londonsburning wrote: ↑16 Oct 2025, 17:50Not sure of the "profits" before privatisation, but we were a slick operation, surviving on govt subsidies, and delivering every single item, every single day, with a workforce who were respected and content in their jobs.![]()