Postcomm bites back:RM are crap!!

[NEWS]

Postcomm, the independent regulator for postal services, has today responded to Royal Mail’s statement on the future of the UK postal industry.

Postcomm Chairman Nigel Stapleton said:

“Royal Mail is using an attack on the regulatory structure as a smokescreen for its own lack of progress in tackling their high labour costs. Since Single Daily Delivery was introduced in 2004, every initiative that the company has taken to improve efficiency has been absorbed either by higher wage rates or increased pension costs. Royal Mail has failed to bring its costs into line as would be expected of an efficient mail operator.

“Royal Mail has not asked us for an increase of 6p on the price of a stamp, and competition and regulation are not threatening the Universal Service. Royal Mail remains the dominant player and retains well over 90 per cent of the addressed letters market, and still delivers more than 99 per cent of all mail in the UK. It has a unique VAT advantage which acts as a significant barrier to competition for new entrants. Competition has taken less volume away from Royal Mail than was predicted a year ago and, on 95 per cent of the volume they have lost, they retain more than 70 per cent of the revenue to cover their costs of delivering over the final mile.â€

[POSTMAN]

“Royal Mail is using an attack on the regulatory structure as a smokescreen for its own lack of progress in tackling their high labour costs. Since Single Daily Delivery was introduced in 2004, every initiative that the company has taken to improve efficiency has been absorbed either by higher wage rates or increased pension costs. Royal Mail has failed to bring its costs into line as would be expected of an efficient mail operator.“

So it's the workers fault then!!

[ROCKY]

THIS LOT MUST BE STUDENTS OF KARL MARX AND JO STALIN TO THINK OF BUSINESS LIKE THIS BLAMING ROYAL MAIL FOR PAST GOVT ERRORS F??K THEM COME DOWN TO MY DO AND SPOUT THAT BOLLO? AND LET US DISCUSS IT FACE TO FACE BET YOU WOULD NOT RUN YOUR COMPANY LIKE THIS WATCHDOG

[Delivery Donkey]

I can feel Royal Mails BIG stick beating me on the back Already WORK HARDER WORK FASTER WORK FOR NOTHING!!!.
I think Mr Leighton's told the regulater to say this, so we can YET again fell sorry for the company, WHAT BOLLOX!!!