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John Drake

Royal Mail privatisation

Are you in favour of Royal Mail privatisation?   28 members have voted

  1. 1. Are you in favour of Royal Mail privatisation?

    • Yes
      5
    • No
      23

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140 posts in this topic

In short - do I expect the postal service to impove after privatisation? No.

 

Do I expect it to cost a lot more? Yes.

 

Will those employed to run it start earning even more outrageous amounts in pay and bonuses than they do already? Absolutely.

How can it improve? Letters get posted letters get delivered. That's it.

 

Right now a first class letter costs 60p.

UK guaranteed before 1pm costs £6.22, by 9am it becomes a slightly more expensive £17.64!! Stick an extra £3 on for a Saturday.

 

So, even though standard first class "aims to deliver next working day including Saturdays" you have to pay 10 times that to actually make sure it does! 

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Only just realised who Archibald is - can't believe it took me so long. Welcome back I guess.

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And if it were not privatised, what evidence is there that the service will not decline further and that prices will not increase?

 

The onus here is on those who want to privatise, to demonstrate what the actual benefit of that is to those who presently own the service, ie, all of us.

 

So far, deafening silence on that, interspersed with a lot of hysterical right wing ranting from certain quarters.

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Anyone can buy shares.

 

If you have at least £750 spare cash.

 

Tell me, why should I buy shares in something I already own?

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Is the Royal Mail the only delivery provider that offers next day service to the whole of the UK? No.

 

Affordable? How do you judge that? Does the royal Mail make a profit?

 

Many people fear? Other than those who want a big state, who are the scare mongerers in question, who fears it?

 

Of course, the world we live in hasn't changed one bit. Emails haven't replaced letters, online shopping hasn't increased the number of parcels being delivered & Royal mail is the only provider out there.

 

To answer your points in order:-

 

For letter post, of the type we use to deliver our products, yes it is.

 

Affordable in the sense that our company avoids making a loss on the materials we send through the post for next day delivery.

 

Who fears it? Try picking up a newspaper or talking to a few people outside your current social circle. Many do. Ask yourself why this particular privatisation is so unpopular.

 

Yes, the world has changed. To the extent that Royal Mail as it is makes a profit already. So why flog it off? It has also changed to the extent that many people can see that privatisation is not the answer to everything. It never was, and is as dogmatic as the desire to nationalise everything. Somewhere inbetween the two exteremes sanity can be found..

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If you have at least £750 spare cash.

 

Tell me, why should I buy shares in something I already own?

So, it's you who keeps on putting the price of stamps up! When do they hand out our share of the profits as I never seem to get my cheque!

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So, it's you who keeps on putting the price of stamps up! When do they hand out our share of the profits as I never seem to get my cheque!

 

Maybe they're investing the profit back into improving the business. You know, like private companies always claim they do.

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Maybe they're investing the profit back into improving the business. You know, like private companies always claim they do.

Private companies do, they have to to survive. Are spinning jenny's still the industry standard?

 

Why is there now an online version of league express/rl world?

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Maybe they're investing the profit back into improving the business. You know, like private companies always claim they do.

 

How much improvement, or prevention of decline, would Royal Mail get for £400 million  these days?

 

http://www.bbc.co.uk/news/business-22605734

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yes, indeed..and not just as a customer, but working with the overmanned inefficient, unresponsive CEGB and Norweb who had never heard of the concept of customer service.

Yes they were terrible days indeed. Someone used to come and read your meter every quarter and you could actually go into a shop and pay your bill in person. Combine this with someone on the end of the phone (as opposed to. ..'press 1') who you could sort out any issues and it really was horrendous.

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Employing people to read meters? How inefficient & expensive was that. Just think how much lower bills could have been. You can still go into shops & pay. Problems were sorted out much quicker in the old days? Really?

Which shops do British Gas or eon have on the high street?

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The onus here is on those who want to privatise, to demonstrate what the actual benefit of that is to those who presently own the service, ie, all of us.

 

So far, deafening silence on that, interspersed with a lot of hysterical right wing ranting from certain quarters.

 

 A couple of points here.

 

1. Full trading of the shares will take place from 8am on October 15.

 

2. This " hysterical right wing ranting from certain quarters."  Can you supply more details? 

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Selling stuff to folk who already own it has to go down as one of the best con tricks in history, yet they manage it time and again. How long before there are threads on here such as this one about the post companies? 

 

I know there is a commitment that the newly privatised post service will retain the universal service commitment that it has currently, but I give it 10 years max (and more probably within 5) before "regulation" is relaxed under pressure from the companies to be able to limit their service in certain areas. Still, I expect Peter Mandelson will be pleased with his efforts, which should keep some posters happy. 

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Selling stuff to folk who already own it has to go down as one of the best con tricks in history, yet they manage it time and again. How long before there are threads on here such as this one about the post companies?

If I own it, where's my dividend? my cut of the profits? why am i not consulted on price rises? why was i not consulted on the amount of junk mail shoved through my letter box etc etc. The actual con trick is made by people claiming that we own the damn thing.

 

Sorry, forgot to ask, why is it deemed to be some sort of human right that a postman has to turn up at your house 6 days per week.

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to keep an old tradition going? Don't forget, it was Labour's idea in the first place, back in 2008.  One question that the opposition to this have not satisfactorily answered is how to find the money necessary to ensure that Royal Mail is able to invest in the productivity and performance improvement necessary to deliver the services that 21st century life needs.

 

If they borrow it, they have to pay it back. Price controls rule out that option, too, so its down to more tax hikes.

 

Of course, the govt could have just  not bothered, in which case the who thing would have come crashing down at some point

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I think part of the issue is governments of Tory and Labour took profits from RM when they were doing well. It meant they couldn't invest to keep up . Maybe if they hadn't needed to keep tipping in to the treasury they would be in a better state today. I think it is shame they will be privatised as someone as already suggested in the medium term the universal service will be gone. If you are in the sticks then a delivery once a week will be a norm. Prices go up and the service gets worse. It seems inevitable as mooted for a long time by various governments.

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may there is a price to pay for the delights of living in the sticks. Some well-heeled person living in the back of beyond in the lakes , was on TV the other day bemoaning lack of mobile phone signal and the lack of high speed broadband.  Why should the taxpayers be forced to pay for her to live somewhere with great views. You chose to live there missus, you pay for the service.

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Some of the issues raised against privatisation are nonsense and just scare tactics without much substance.

For example, people saying the delivery days will drop to less than 6 a week - absolute garbage, it is enshrined in the Postal Services Act that this is a minimum provision for the UK's primary service provider. A privatised RM will still be legally obliged to maintain that service "at a uniform and affordable cost".

Also, while RM may be profitable (but only just) it doesn't make enough to service the sort of investment it is going to need in future, which would require public funds.

Then there is the issue of the pension scheme. Last year the government took on the huge liabilities in the RM scheme and a new scheme was formed. Just one year later that new scheme has already got a deficit of ~£300m !

Finally, the same arguments were raised when Germany and Holland privatised their postal service and guess what they are acknowledged as being the two most efficient and cost effective postal services in Europe now.

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So, it's you who keeps on putting the price of stamps up! When do they hand out our share of the profits as I never seem to get my cheque!

 

 

Your lack of self awareness is almost insouciant. Goes along with your lack of social responsibility I suppose.

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Your lack of self awareness is almost insouciant. Goes along with your lack of social responsibility I suppose.

Each month the government takes a sum of money off me that pays for my social responsibility, whatever that even means. And if I own the RM, why the hell do I have to pay to use it!

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Derwent I'm sure in the short term universal delivery will stay. I'm sure it wouldn't take much to repeal said act. What odds on a politician saying why are government interfering in a private company they know better than we do. Lets let them get on with it. Sure it's not certain to happen that way but possible.

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Derwent I'm sure in the short term universal delivery will stay. I'm sure it wouldn't take much to repeal said act. What odds on a politician saying why are government interfering in a private company they know better than we do. Lets let them get on with it. Sure it's not certain to happen that way but possible.

The act was only introduced in 2011 as preparation for the privatisation of RM. It is there to safeguard the postal service and to ensure, among other things, that deliveries are at least maintained at current levels and that there is a standard postage charge wherever you may live. Any private company could not unilaterally decide to cut deliveries or charge people in the Dounreay more for the service. It'd require an act of parliament to do so. But the lefties will keep peddling the same old lies and myths as scare stories to suit their agenda, they won't let facts get in the way.

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