I agree, putting up the price of letters may have worked 20 years ago, but letters are like VHS tapes, they're a dead format other than a few exceptional cases (proof of address mail), and of course, junk mail send-outs which all can be done without sending out a paper letter. Putting up the price of stamps again will be giving that nail in the coffin the final strike with the hammer for that revenue stream. It may ease the strain in a labour sense at RM, with fewer people sending letters (less work to do within the RM network), but it certainly wouldn't increase revenue.clashcityrocker wrote: ↑17 Oct 2022, 16:24Putting up the price of stamps (again) may reduce the income from that stream as more people would turn away from sending letters.
The price we charge is regulated anyway.
Moving to a 5-day letter service would cost a lot of jobs. 1/6th of the workforce = 20 000 (worst case scenario.)
What do you think that would do to the CWU's finances? You could possibly destroy the CWU before Thompson.
RM used to have an imperative competitive edge over all the other UK delivery services, that was until those other services began utilising convenience stores, fuel stations, and now Post Offices as drop-off and collection points, then RM lost that edge.
Many years ago, as a recipient I used to prefer it when something was being sent to me via RM as opposed to ay Hermes, DPD, or Amazon, as A) I knew roughly when to expect the postman to show up, and B) If I missed the delivery, I knew that I had a local RM DO not too far away from me and that the parcel wouldn't be taken back to some depot 25+ miles away from my home. That was many years ago, and now I couldn't care less who is delivering something to me because they all provide really good tracking to the point that most allow you to see when the driver is on their way to your house, along with options to leave at a local store/pick-up point if you're not going to be in.
So as a retailer, knowing that fact, you too wouldn't particularly care that much who you use to ship your products to your UK-based customers, and really it would come down to who is the most economical and reliable.