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Why should the taxpayer subsidize the Dutch postal giant!

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
chunk
Posts: 957
Joined: 29 Jul 2009, 20:21
Gender: Male

Why should the taxpayer subsidize the Dutch postal giant!

Post by chunk »

Why should government owned Royal Mail be delivering letters at less than cost for rival TNT .

As TNT reported a reduction in profits for the fifth successive quarter
http://news.bbc.co.uk/2/low/business/8337488.stm
the ailing giant is having its profits bolstered by
Royal Mail delivery of its letters at the discounted rates set by the regulator.
Isn't it enough that we are bailing out banks !
and to add insult to injury this struggling company is touted as a potential buyer. :crazy:
Last edited by chunk on 11 Nov 2009, 22:28, edited 2 times in total.
I'm a postman-and i know where you live.....
shadow
Posts: 494
Joined: 02 Jun 2009, 18:17
Gender: Female

Re: Why should the taxpayer subsidize the Dutch postal giant!

Post by shadow »

Thats to add insult to injury.