The latest news and discussion on Royal Mail Shares.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser. All news and discussion on Daniel Kretinsky's full takeover of Royal Mail.
borders wrote:I think they hope to have it done and dusted by Oct 15th , a day or so before we know the result of the ballot !! so its a ballot to keep our terms and conditions in a privatised company ..... I get the feeling this may well turn into a damp squid , any decent offer by RM will now seal the deal ??
Depends what defines a decent offer,in the letter to all members they say we are fighting for a long term legally binding agreement.10 years was banded about but some say the length of this LBA is irrelevant? In the letter there is no mention of 10 years.
So HQ should define what the road ahead regarding IA looks like as expecting us to walk out and trusting them to not negotiate it down to what Royal mail originally offered plus a few bells and whistles and increased efficiency is not gonna get this foot soldier motivated.
WHITEANT wrote:But the 6 day delivery can only be changed by the two houses ,what a safeguard that is !!!!!!!
So what would safeguard the USO?
Nothing in reality could safeguard the USO completely - However in every situation if everything was the same except ownership it would be politically more difficult to "water-down" the USO if we remained in Government hands.
Really? Given that it would be a political decision in any case. Can't see it makes any difference - it will be difficult for the Government whoever owns the business.
Yes it will be difficult in either case. But when its a Government organisation that wants a Polictical decision made its a lot harder to make a case on its own. When its mainly a privatised business they will have the backing of the shareholders and will therefore have more resources, (and cash) to lobby the government.
I am surprised I had to explain that. Still its a moot point now.
Don't really agree but as you say it's academic now.
