Royal Mail bankrupt by February

[krussel]

Lets be honest anyone who has been in the business a number of years will have heard this all before Losing a million a day and the mail dropping off so quickly that we will have NOTHING to take out in a years time

[Tank]

Sure it's true!

[fishtank]

I've already told my children they aren't getting any pocket money on the strength of this rumour.

I haven't given mine any money since Leighton announced that we were going to the wall in 2003 but maybe i'm just a tight Scottish stereotype.

[AnotherLimey]

I've already told my children they aren't getting any pocket money on the strength of this rumour.

I like your style, i'm gonna use that too, use RM spin to your advantage, sir i salute you!!

[POSTMAN]

Simple for me,if one gov department doesn't pay me,i'll go to a couple of others and get my money that way.

[fishtank]

Simple for me,if one gov department doesn't pay me,i'll go to a couple of others and get my money that way.

You joining the Army?

[clashcityrocker]

Simple for me,if one gov department doesn't pay me,i'll go to a couple of others and get my money that way.

Does that mean you will go back to robbing sub Post Offices?

[smokerjim]

So, private financial institutions and banks, ( owned by private and istitutional shareholders, who should understand if you invest in us & we screw up, you lose your money ), have heavy regulation removed / restricted screw up, beg for money from the Govt and get billions of pounds thrown at them, with a vague promise that the money will get paid back ( at unspecified times, in unspecified amounts, with unspecified levels of interest ), with little to show that they've earned it, and even less to show that they're going to do anything different in future.

Yet, a Govt owned business ( from which Govt traditionally drained of profits in the past ), is put in the yoke of heavy and onerous regulation which vastly reduces it's ability to make a profit ( before the inequality of regulation between us and our competition is considered ), yet still manages to perform it's legal obligation of universal service, however when strong rumours start to come out in staff briefings that RM WILL run out of money sometime in the next 12 months, the obligation is on the staff ( and especially the lower orders of staff ) to make the sacrifices, and bring about the cuts, or the whole shebang is going to go to the wall, and no one's going to get paid, rather than go to Govt, and demand it takes on it's own ( moral ) obligations...

Well, I don't know from whom this bullshit has originated, but if this is what they try to sell me, they can get stuffed, 'cos I ain't buying it - I'm going to carry on my job as I do now, and wait to see a Govt survive our going out of business.

[fishtank]

Well, I don't know from whom this bullshit has originated, but if this is what they try to sell me, they can get stuffed, 'cos I ain't buying it - I'm going to carry on my job as I do now, and wait to see a Govt survive our going out of business.

Absolutely Jim,We HAVE made the sacrifices...time and time again...if it isn't enough so be it...I'm tired of jumping through hoops for this company just to see management piss it up against the wall.

[clashcityrocker]

Absolutely Jim,We HAVE made the sacrifices...time and time again...if it isn't enough so be it...I'm tired of jumping through hoops for this company just to see management piss it up against the wall.

Anyone who has ever had the slightest connection with RM will know that the phrase "lions led by donkeys" is very apt.
Let the donkeys take the crap from now.
The lions are too fecking tired to jump through any more fecking hoops.

[dvbuk55]

I've already told my children they aren't getting any pocket money on the strength of this rumour.

I haven't given mine any money since Leighton announced that we were going to the wall in 2003 but maybe i'm just a tight Scottish stereotype.

Don't put yourself down ft, you are NOT a stereotype - tight and Scottish OK.

If they haven't any money to pay us then we won't work, I mean how many of us come to work because we enjoy it

[hubbahubba]

No wonder they have no money buying all these Combo Vans, HC Trolleys and new uniform, Hope they stil got my money for my shares...

So if they have no money how are they going to pay us for accepting the revision and the walk sequence dosh..... Bring it back work your hours...

we got our first 400 quid 2010 payment in wages today,so don't buy the "we're broke-work harder" crap

[Postal1]

Any offices being offered redundancy or buydowns ATM?
Just seems strange as our office is about to increase outdoor delivery by 1hr involving quite a number of deliveries going. So much for a fair delivery load and not "BUDGET".
However, they say no evr's are buydowns to be offered?

[Sharkeyes]

Goebles is not dead then! :mfo

[OnAFlyer]

RM should be rolling in it with the top brass' business acumen, I heard Higson and co recently paid £400 million to a Nigerian businessman for a contract to hand deliver Emails