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12.30 THURSDAY 23RD APRIL
HOLYROOD
COMMITTEE ROOM 1
* Labour Government gave commitment not to privatise Royal Mail - 2005 election manifesto - privatisation in this term of Parliament is a breach of promise made to electorate.
• Labour leadership and Labour Conference reaffirmed this commitment – Warwick 2 – and last year’s Labour Conference.
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• Publication of the Hooper Report - an excuse to introduce privatisation. Mandelson has said that this should have been done 10 years ago.
• Recession is a result of deregulation and privatisation type policies. Government proposals for Royal Mail run contradictory to support for other industries, such as Banks.
• The suggestion is that Royal Mail is a failing industry and only the privatised sector can shake it up - yet prospective buyers - TNT - showed a 37% drop in profits in the last quarter of 2008. Prospective buyers - Deutsche Poste - lost £3.16 billion euros in the last quarter of 2008. –
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Royal Mail profits increased in the last quarter. Who is showing the way forward?
• Even within the framework of supporting privatisation, this is a very bad time to sell. Figures published by Compass this week show that the sale of Royal Mail shares would yield less than 50% of the price possible a year ago.
• Royal Mail weighed down by pensions deficit – 13 years pensions holiday – government obligation to pay. If honoured, Royal Mail gains over £280 million extra capital. This alone makes Royal Mail highly successful.
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• CWU proposes new products and new services to make Royal Mail more responsive to customers. This includes - introduction of Post Bank; same day deliveries; home collections; and new technologies like Intelligent Mail (trace and tracks in real time)
• CWU campaign having an impact - EDM 428 (147 Labour MPs) - (Division in Cabinet) - national and local demonstrations and lobbies - amendments and arguments in House of Lords via Lord Clarke - Compass Report “Case not Made” - BERR Committee Report says “Case not made” – further Compass report to show alternative.
• The growth of opposition important - this week we received a letter from West Lothian Council
• Stepping up of CWU activity - a week of campaign activity in Scotland commencing 5th May – Tuesday launch events in John O’Groats and Inverness - Wednesday 6th May events in Perth and Dundee - Thursday 7th May event in and around Glasgow - Friday 8th May events in and around Edinburgh - Saturday 9th May – march and rally in Kirkcaldy.
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Posted by Billy Hayes | @ Thu, 23 Apr 2009 15:50:13 +0100
ANNOUNCEMENT : ALL OF ROYAL MAIL'S EMPLOYMENT POLICIES (AGREEMENTS) AT A GLANCE (Updated 2021)... HERE
ANNOUNCEMENT : PLEASE BE AWARE WE ARE NOT ON FACEBOOK AT ALL!
BILLY HAYES LOBBY OF SCOTTISH PARLIAMENT
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TrueBlueTerrier
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BILLY HAYES LOBBY OF SCOTTISH PARLIAMENT
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Big Daz
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Re: BILLY HAYES LOBBY OF SCOTTISH PARLIAMENT
further Compass report to show alternative
We keep hearing this but still nothing has been published,
We keep hearing this but still nothing has been published,