The PO network and RM will be split, so the PO network will essentially be freed from RM.
They'd end up offering more in the way of financial services, in addition to deliveries/collections for other postal carriers.
While RM will either end up part of TNT or whoever, or a private company freed to compete with all other postal companies as well as deliver their final mile mail. It would free RM to negotiate individual contracts rather than stick to fixed regulated prices.
The old model of a Post Office with an attached store - where people would go to post their mail, cash their giros, save or withdraw cash etc - and hopefully then also spend in store will change. The PO network is still large, and the government is saving it and funding it, even "mutualising" it (they claim). The RM is a different story.
I strongly believe independece is the key, even if it has to be via stock market flotation. A straight sell off , no doubt at a bargain price in todays market, would just get us absorbed into whoever buys us.
The future doesn't look particuarly inspiring. I'm not scared to work hard, in exchange for a good wage. I know there'll be job cuts, hopefully through natural wastage and voluntary redundancies. And I know the old-style mail market is shrinking. But there's still enough work out there for a free, de-regulated organisation of our size to succeed and profit. We would be both a simple mail carrier for other mail operators (like the current DSA system) while also able to compete on more flexible terms. Door to Door would be part of this of course.
Call it junk mail if you want, but the direct mail business is very important to us (catalogues, leaflets, etc) as well as packets and parcels from smaller businesses and ebayers, etc.
It doesn't have to be as bad as people fear. It depends which way we're sold.
* This is of course unless there's a parlimentary vote on the matter, hopefully a free vote, where Labour with indys, cons and lib-dems could defeat the bill.