It is really simple whats been happening we all know that both Adam and Allan created a crisis and then said they turned the business around creamed off all the bonuses and Allan went to live in Canada and Adam to pastures new on TV.
They got out at the time they new would avoid them having to face the real crisis and that is the pensions , compeiition , the loss of the post office subisidy and of course the change of ownership and the lack of cash flow.
The changes which is in this powerpoint presentation is just the start as the new management regieme is going to have to face the presures of the ownership debate , post comms headroom access review and overall review , the ongoing agreement , the loss of the POL government subsidy which will have a massive effect on counters and the lack of cash which have the protential to effect MTSF and whole range of other issues.
Faced with the crisis which will unfold the union and the membership are much stronger having an agreement in place then facing the crisis without an agreement and at the whim of both Royal Mail , the government and any protential buyer.