The Royal Mail made decent profits last year, on their biggest turnover since privatisation (remember, 10% of the company went to the employees, who currently number around 160,000). They most certainly should have invested more of their profits into their workforce, but to declare the company a failure as a result of privatisation is a curious interpretation of the facts.
I think the point was that competition rules had allowed lots of other players into the market, and thus there was no point or need for the government to run the service.
I think the point was that competition rules had allowed lots of other players into the market, and thus there was no point or need for the government to run the service. They put in place minimum service rules to protect rural and remote communities, but otherwise released RM to compete. The advent of electronic communications makes the contention that post is an essential public service moot, and I would certainly argue that it is not in the least comparable to utility services which are a requirement for existence. To a very large extent, the withdrawal of postal services either by strikes or commercial expediency will make no difference to most peoples' lives.
Paul Dacre isn’t getting his peerage after all. Break out the tiny violins.
Not yet, anyway.
Quote from: Mrs Pingu on 14 October, 2022, 11:22:21 pmNot yet, anyway.Yes, not while he is a practising journalist, I read.
A government of integrity....