Now that he's 're based' the dividend to the tune of a 40% cut, should his wage packet be 're based' too?
Being as since he took over the share price has gone from £6 ish to £2 ish. Thats some (negative) performance!!
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Mr Back
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Jpro747
- Posts: 1342
- Joined: 23 Dec 2012, 10:22
- Gender: Male
Mr Back
Doubt it will happen in this capitalist loving hell society we now live in... they will take everything until this company goes under, then they will strip the assets, f**k off with their millions and live like kings somewhere in the sun. Most of us will then be taken on by Amazon, DPD etc on worse pay and conditions. Yes, Britain really is going to the dogs...
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rambo1
- EX ROYAL MAIL
- Posts: 3266
- Joined: 12 Jun 2013, 20:00
- Gender: Male
Mr Back
Well 'we' did vote for brexit (I didn't)! Big reason this country is now going to the dogs.Jpro747 wrote:Doubt it will happen in this capitalist loving hell society we now live in... they will take everything until this company goes under, then they will strip the assets, f**k off with their millions and live like kings somewhere in the sun. Most of us will then be taken on by Amazon, DPD etc on worse pay and conditions. Yes, Britain really is going to the dogs...
Cue the 'stoning scene' from life of Brian. All I said was brexit. Lol
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wacko74
- EX ROYAL MAIL
- Posts: 1572
- Joined: 04 Apr 2009, 20:35
- Gender: Male
Mr Back
Certainly looks like he can't be trusted... in his previous statement did he not offer assurances that he was pursuing a "progressive dividend" policy, then promptly slashes it by around 40%!!
If he's prepared to lie to and deceive the precious investors and shareholders than I'm damn sure he'll have no qualms about doing the same to us worthless employees and the union.
If he's prepared to lie to and deceive the precious investors and shareholders than I'm damn sure he'll have no qualms about doing the same to us worthless employees and the union.
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datasaint
- Posts: 1541
- Joined: 22 Sep 2008, 17:19
- Gender: Male
Mr Back
Sorry but Brexit has literally nothing to do with it. Profits have been steadily declining since it was privatised.rambo1 wrote: Well 'we' did vote for brexit (I didn't)! Big reason this country is now going to the dogs.
Cue the 'stoning scene' from life of Brian. All I said was brexit. Lol
RM hasn't been innovative enough and moved with the times, we're only now seeing talk of evening deliveries, I suggested that to the justsayit email way back in 2014.
And it's bound to the USO and is heavily unionised, so RM is a great big behemoth of a ship sailing in the wrong direction and the captain's and officers of the ship aren't pushing enough to change course and the ones stoking the boilers below deck aren't interested in the overall picture.
A snippet of the email I sent 1/6/2014 To justsayit@royalmail.com to which I never received a reply!
Some other ideas I had around creating extra business.
- At the moment with park and loop we have a whole fleet of vans sat around come mid-afternoon. The potential would be there to utilise them to offer an evening delivery service for customers, they could pay slight additional charge for it, but they could ensure their packet gets to them when it's convenient. This could apply not only to packets bought online, but items at the callers office they want redelivered.
- Offering collection of packets at the customers door. A system could be put in place whereby the customer prepays for the shipping of the item online. Prints out a shipping label which can be scanned by our PDAs, the postman then collects the item when going about his round.
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Newbie001
- Posts: 474
- Joined: 30 May 2014, 17:29
- Gender: Male
Mr Back
Yeah Because hundreds of companies haven't been bought and all there assets, pensions, wages stripped in the last 20 or so years. Nothing to do with Brexit. Also voted remain.rambo1 wrote:Well 'we' did vote for brexit (I didn't)! Big reason this country is now going to the dogs.Jpro747 wrote:Doubt it will happen in this capitalist loving hell society we now live in... they will take everything until this company goes under, then they will strip the assets, f**k off with their millions and live like kings somewhere in the sun. Most of us will then be taken on by Amazon, DPD etc on worse pay and conditions. Yes, Britain really is going to the dogs...
Cue the 'stoning scene' from life of Brian. All I said was brexit. Lol
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rambo1
- EX ROYAL MAIL
- Posts: 3266
- Joined: 12 Jun 2013, 20:00
- Gender: Male
Mr Back
This yr has been one of the biggest for companies issuing profit warnings and cutting dividends....and they're the ones that haven't gone out of business! Is this just a strange coincidence?Newbie001 wrote:Yeah Because hundreds of companies haven't been bought and all there assets, pensions, wages stripped in the last 20 or so years. Nothing to do with Brexit. Also voted remain.rambo1 wrote:Well 'we' did vote for brexit (I didn't)! Big reason this country is now going to the dogs.Jpro747 wrote:Doubt it will happen in this capitalist loving hell society we now live in... they will take everything until this company goes under, then they will strip the assets, f**k off with their millions and live like kings somewhere in the sun. Most of us will then be taken on by Amazon, DPD etc on worse pay and conditions. Yes, Britain really is going to the dogs...
Cue the 'stoning scene' from life of Brian. All I said was brexit. Lol
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k979aaa
- Posts: 12578
- Joined: 03 Sep 2007, 19:14
- Gender: Male
- Location: THE NORTH
Mr Back
Maybe because if you have 5% savings year on year for 20 years you cannot get anymore savings without looking at the top renumarations or the management structure of the businesses and they will not look at aiming the gun at themselves just as some do in deliveries in royal mail!rambo1 wrote:This yr has been one of the biggest for companies issuing profit warnings and cutting dividends....and they're the ones that haven't gone out of business! Is this just a strange coincidence?Newbie001 wrote:Yeah Because hundreds of companies haven't been bought and all there assets, pensions, wages stripped in the last 20 or so years. Nothing to do with Brexit. Also voted remain.rambo1 wrote:Well 'we' did vote for brexit (I didn't)! Big reason this country is now going to the dogs.Jpro747 wrote:Doubt it will happen in this capitalist loving hell society we now live in... they will take everything until this company goes under, then they will strip the assets, f**k off with their millions and live like kings somewhere in the sun. Most of us will then be taken on by Amazon, DPD etc on worse pay and conditions. Yes, Britain really is going to the dogs...
Cue the 'stoning scene' from life of Brian. All I said was brexit. Lol
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Marshamp11
- Posts: 437
- Joined: 06 Aug 2018, 16:38
- Gender: Male
Mr Back
You must have been living in a bubble This country has been going to the dogs for at least the last 20 years. It has not suddenly happened because of brexit.rambo1 wrote:Well 'we' did vote for brexit (I didn't)! Big reason this country is now going to the dogs.Jpro747 wrote:Doubt it will happen in this capitalist loving hell society we now live in... they will take everything until this company goes under, then they will strip the assets, f**k off with their millions and live like kings somewhere in the sun. Most of us will then be taken on by Amazon, DPD etc on worse pay and conditions. Yes, Britain really is going to the dogs...
Cue the 'stoning scene' from life of Brian. All I said was brexit. Lol
