I think more junk mail. Localised though.
Through my door every week I get takeaways menus, plumber leaflets, drain fixers, whatever else…
If Royal Mail said we will deliver them for 1p each and then when you get to a maximum of 7 they go in a nice ‘information pamphlet envelope’ type thing you could get more on junk.
1000 houses is a tenner buy with seven leaflets it would cover most of the posties wage.
Fantastic input Filthy Len - definitely plenty for us all to mull over here. So informative
Your humour is your most appealing feature.
Thank you for your support. It’s great that a man of such upstanding integrity should even acknowledge my presence - please keep posting your Informative content - your musings are a godsend to us all,Filthy Len
Clearly you are having some kind of breakdown where you feel the need to comment like a child.
I’m not going to bite. I’m going to pray for you. Solidarity, brother.
Whatever you say,Filthy Len - I’m with you all the way - love your content - I’m on your side
Brothers in arms! Solidarity! Win the ballot win the dispute! I’m with you as well. Every step. I got your back. I’ll go homeless if it means you getting the deal you deserve!
Stay strong, cedar room-for-improvement, stay strong.
I think more junk mail. Localised though.
Through my door every week I get takeaways menus, plumber leaflets, drain fixers, whatever else…
If Royal Mail said we will deliver them for 1p each and then when you get to a maximum of 7 they go in a nice ‘information pamphlet envelope’ type thing you could get more on junk.
1000 houses is a tenner buy with seven leaflets it would cover most of the posties wage.
Fantastic input Filthy Len - definitely plenty for us all to mull over here. So informative
Your humour is your most appealing feature.
Thank you for your support. It’s great that a man of such upstanding integrity should even acknowledge my presence - please keep posting your Informative content - your musings are a godsend to us all,Filthy Len
Clearly you are having some kind of breakdown where you feel the need to comment like a child.
I’m not going to bite. I’m going to pray for you. Solidarity, brother.
Whatever you say,Filthy Len - I’m with you all the way - love your content - I’m on your side
Brothers in arms! Solidarity! Win the ballot win the dispute! I’m with you as well. Every step. I got your back. I’ll go homeless if it means you getting the deal you deserve!
Stay strong, cedar room-for-improvement, stay strong.
Thanks for the support. You’re the best account on here. Always informative,always factual. Keep on doing what you do,some may call you a banter account - the clued up amongst us know the truth Filthy Len
Privatisation was supposedly to lead to greater funding but it hasn't. All that's happened is that share holders have pocketed all profits that have been made.
But there is a way for RM to raise funds and they haven't used it yet and I can't understand why? They can issue more shares to raise funds! Ok so the share price will drop but current share holders can hardly complain when they have already milked this cash cow for years!
So in basic terms they can issue more shares to cover the cost of a decent pay rise and be half way to settling this dispute for the good of everyone! Why have the CWU not pushed this idea? Or have they and got nowhere with it?
A rights issue here now would not be ideal for the share holder. I'm sure a big dilution would go down really well with all the posties who have been putting money away every month buying shares. A rights issue to raise money for a wage increase would not be well subscribed as that wage bill would have to be found year after year and besides, to give everyone a baked in £1000/yr pay rise would cost 600-700million. Every yr, on top of any further rises. Don't think many institutions would go for that. Think in the companies currently state of finances they're really going to struggle to rais that sort of cash.
Can you show us your workings to come up with 600-700 million?
Privatisation was supposedly to lead to greater funding but it hasn't. All that's happened is that share holders have pocketed all profits that have been made.
But there is a way for RM to raise funds and they haven't used it yet and I can't understand why? They can issue more shares to raise funds! Ok so the share price will drop but current share holders can hardly complain when they have already milked this cash cow for years!
So in basic terms they can issue more shares to cover the cost of a decent pay rise and be half way to settling this dispute for the good of everyone! Why have the CWU not pushed this idea? Or have they and got nowhere with it?
A rights issue here now would not be ideal for the share holder. I'm sure a big dilution would go down really well with all the posties who have been putting money away every month buying shares. A rights issue to raise money for a wage increase would not be well subscribed as that wage bill would have to be found year after year and besides, to give everyone a baked in £1000/yr pay rise would cost 600-700million. Every yr, on top of any further rises. Don't think many institutions would go for that. Think in the companies currently state of finances they're really going to struggle to rais that sort of cash.
Can you show us your workings to come up with 600-700 million?
Yeah, sorry, got that confused with the 1st 20% of profit sharing thing. Where if we made £600m we'd all get circa £1k.
No you right, of course it'd be around £130m. Still to be found every yr though.
Any share issue has to be "underwritten," which is to say that a company issuing shares has to find an institution, or syndicate, willing to buy any shares not taken up by existing shareholders, other institutions or the public, at an agreed price, before the issue can go ahead. Not easy to do if the company looks like a bad risk.
Simply wait until the annual report in June, take into account £200mil share buyback plus other spends and as if by Wizardry all will be profit (reported as a loss when compared with the Covid boomtime).
Still losing 1mil per day as per since 2003 onwards and still the 'mail will be down' as it is has been annually ever since our 30-50 year colleagues can remember, for such has been Royal Mails narrative for so long it is now a tradition.
Soon RM will get a bit twitchy as June approaches and the August deadline (probably more of a flexi-deadline) for getting rid of 5000 fulltimers by attrition comes to a semi-conclusion.
And all will be well in the boardroom and all will be hell the mail.
Still losing 1mil per day as per since 2003 onwards and still the 'mail will be down' as it is has been annually ever since our 30-50 year colleagues can remember, for such has been Royal Mails narrative for so long it is now a tradition.
Mech letters, manual letters and flats are WAY DOWN on what they were a few years ago. We saw a big drop-off around about the time the new GDPR regs came in.
A few sorting machines have been decommissioned where the amount of mech has dropped off. Also a few manual letter and flats sorting frames have been removed.
Packets and Tracked have dropped off noticeably, initially when all the Covid lockdowns were finally over and again as the cost of living crisis has started to bite
Still losing 1mil per day as per since 2003 onwards and still the 'mail will be down' as it is has been annually ever since our 30-50 year colleagues can remember, for such has been Royal Mails narrative for so long it is now a tradition.
Mech letters, manual letters and flats are WAY DOWN on what they were a few years ago. We saw a big drop-off around about the time the new GDPR regs came in.
A few sorting machines have been decommissioned where the amount of mech has dropped off. Also a few manual letter and flats sorting frames have been removed.
Packets and Tracked have dropped off noticeably, initially when all the Covid lockdowns were finally over and again as the cost of living crisis has started to bite
I don’t think we can deny overall mail is down. Volumes aren’t the issue on delivery it’s the call rate.
Even with one tray of mech on the shorter days I’m still struggling to finish on time. I think the only way you get round it is to stream so called unimportant mail on a daily basis.
Maybe introducing and economy mail product that we have three days to deliver.
How about we get a CEO and a Chairman that can actually build and grow a business? Instead of two idiots whose only concern seems to be destroying the CWU.
Still losing 1mil per day as per since 2003 onwards and still the 'mail will be down' as it is has been annually ever since our 30-50 year colleagues can remember, for such has been Royal Mails narrative for so long it is now a tradition.
Mech letters, manual letters and flats are WAY DOWN on what they were a few years ago. We saw a big drop-off around about the time the new GDPR regs came in.
A few sorting machines have been decommissioned where the amount of mech has dropped off. Also a few manual letter and flats sorting frames have been removed.
Packets and Tracked have dropped off noticeably, initially when all the Covid lockdowns were finally over and again as the cost of living crisis has started to bite
I don’t think we can deny overall mail is down. Volumes aren’t the issue on delivery it’s the call rate.
Even with one tray of mech on the shorter days I’m still struggling to finish on time. I think the only way you get round it is to stream so called unimportant mail on a daily basis.
Maybe introducing and economy mail product that we have three days to deliver.
The sorting system already does that, only releasing non important mail every 3 days, if we start streaming it out further it could take 5 days/over a week for that type of mail to arrive? Although why we can call at the same address up to 6 days a week with just a single letter at be cost efficient.
