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Exclusive: Royal Mail Posts £100m Letters Loss

Latest Royal Mail and CWU news.This is an open forum.
skull
Posts: 450
Joined: 15 Nov 2010, 19:31
Gender: Male

Re: Exclusive: Royal Mail Posts £100m Letters Loss

Post by skull »

norwichchris wrote:The crooks have saved £200m by diddling us out of colleague share payouts!

With the senior management RM have now got and the ones the've had how can anyone not believe RM is truly on it's knees and all but finished . That's without throwing politicians and Postcomm into the mix , I'm amazed it's taken them this long .



The Postal Services Commission, known as Postcomm, is a non-ministerial department of the Government of the United Kingdom charged with overseeing the quality and universal service of post in the United Kingdom :left: .
martinapsid
Posts: 109
Joined: 08 Mar 2010, 09:04
Gender: Male

Re: Exclusive: Royal Mail Posts £100m Letters Loss

Post by martinapsid »

at last meeting of area we where told that dsa is about 40% of all mail if so theres your answer we are delivering it for next to nothing lets see some one buy us and then pay full price to delivery dsa!!!!!!!
mailmonkey
Posts: 431
Joined: 11 Feb 2009, 22:12
Gender: Male

Re: Exclusive: Royal Mail Posts £100m Letters Loss

Post by mailmonkey »

Quick!

Spunk all the money on Bippers so it looks like we're skint!
bigtee
MAIL CENTRES/PROCESSING
Posts: 41
Joined: 23 Oct 2009, 10:35
Gender: Male

Re: Exclusive: Royal Mail Posts £100m Letters Loss

Post by bigtee »

Surely Quadrant's profits can even up the losses from the letters side of the business - 75p for a bag of crisps - 75p for a yorkie bar - 40p for a coffee - raking it in that side of the business is.
Big Daz
Posts: 5668
Joined: 17 Apr 2007, 20:27
Gender: Male

Re: Exclusive: Royal Mail Posts £100m Letters Loss

Post by Big Daz »

bigtee wrote:Surely Quadrant's profits can even up the losses from the letters side of the business - 75p for a bag of crisps - 75p for a yorkie bar - 40p for a coffee - raking it in that side of the business is.

RMG are co owners of Quadrant so therefore will recive only around 50% of dividend payments from their quadrant shareholdings.
fishtank
Posts: 19732
Joined: 28 Sep 2007, 17:22
Gender: Male

Re: Exclusive: Royal Mail Posts £100m Letters Loss

Post by fishtank »

skull wrote: The Postal Services Commission, known as Postcomm, is a non-ministerial department of the Government of the United Kingdom charged with overseeing the quality and universal service of post in the United Kingdom :left: .
...almost entirely financed by......Royal Mail. :left:
good times, bad times you know I've had my share
Lounge Lizard
EX ROYAL MAIL
Posts: 9458
Joined: 06 Aug 2007, 21:54

Re: Exclusive: Royal Mail Posts £100m Letters Loss

Post by Lounge Lizard »

martinapsid wrote:at last meeting of area we where told that dsa is about 40% of all mail if so theres your answer we are delivering it for next to nothing lets see some one buy us and then pay full price to delivery dsa!!!!!!!
Yes, and those parasites are paying Royal Mail about a third of the normal cost for taking DSA mail two-thirds of the journey, so how could it be anything but a £100,000,000 loss ?
Coggz
Posts: 26
Joined: 05 Mar 2009, 16:00
Gender: Male

Re: Exclusive: Royal Mail Posts £100m Letters Loss

Post by Coggz »

bigtee wrote:Surely Quadrant's profits can even up the losses from the letters side of the business - 75p for a bag of crisps - 75p for a yorkie bar - 40p for a coffee - raking it in that side of the business is.
They're closing down our canteen next month as they say we're not using it enough:(
A clever Postie is a dumb Postie
DGP1
Posts: 15551
Joined: 07 Jun 2007, 20:39
Gender: Male
Location: Terminus

Re: Exclusive: Royal Mail Posts £100m Letters Loss

Post by DGP1 »

Coggz wrote:
bigtee wrote:Surely Quadrant's profits can even up the losses from the letters side of the business - 75p for a bag of crisps - 75p for a yorkie bar - 40p for a coffee - raking it in that side of the business is.
They're closing down our canteen next month as they say we're not using it enough:(
What's a canteen??? I thought those where things only in MCs and London offices :nervous
I'm preparing myself for the zombie invasion, rule number 1 - Cardio
Lounge Lizard
EX ROYAL MAIL
Posts: 9458
Joined: 06 Aug 2007, 21:54

Re: Exclusive: Royal Mail Posts £100m Letters Loss

Post by Lounge Lizard »

DGP1 wrote:
Coggz wrote:
bigtee wrote:Surely Quadrant's profits can even up the losses from the letters side of the business - 75p for a bag of crisps - 75p for a yorkie bar - 40p for a coffee - raking it in that side of the business is.
They're closing down our canteen next month as they say we're not using it enough:(
What's a canteen??? I thought those where things only in MCs and London offices :nervous
And I thought a nursery was where plants were grown until I heard about Mount Pleasant. :shock: :crazy: :shock:
Alfietherat
Posts: 75
Joined: 08 Feb 2011, 17:08
Gender: Male

Re: Exclusive: Royal Mail Posts £100m Letters Loss

Post by Alfietherat »

£100 million loss against £200 million updating computers and s**t loads on ws machines and mail centres being sold.
Don't believe it for a second they are losing money.
Pat Ostman
Posts: 2797
Joined: 17 Sep 2008, 21:53
Gender: Male
Location: In the Line Managers office being screwed over.

Re: Exclusive: Royal Mail Posts £100m Letters Loss

Post by Pat Ostman »

Should a service make a profit anyway or be funded by the government?

Should the police make a profit out of their funding from the council tax?

As far as I see it we shouldnt be making a profit, we should be making a slight loss or break even with funding like every service should. The moment Leighton f****d up the thinking on this everything changed.
Run, rabbit run. Dig that hole, forget the sun.
And when at last the work is done. Don't sit down, it's time to dig another one
malcolm3011
EX ROYAL MAIL
Posts: 303
Joined: 05 Aug 2010, 18:42
Gender: Male

Re: Exclusive: Royal Mail Posts £100m Letters Loss

Post by malcolm3011 »

bigtee wrote:Surely Quadrant's profits can even up the losses from the letters side of the business - 75p for a bag of crisps - 75p for a yorkie bar - 40p for a coffee - raking it in that side of the business is.

LOL that is why i bring in a flask or coffee and get crisps/choc bars at the nearby shop, alot cheaper :nana
bandit650
Posts: 880
Joined: 14 Aug 2007, 15:42
Gender: Female

Re: Exclusive: Royal Mail Posts £100m Letters Loss

Post by bandit650 »

Lost money,cooking the books,i think that means creative accounting on Royal Mails account,they can spend loads of money on a planning event in London next month but cry that they are loosing money,makes you want to scream.
barbario
MAIL CENTRES/PROCESSING
Posts: 411
Joined: 31 Jul 2007, 11:28

Re: Exclusive: Royal Mail Posts £100m Letters Loss

Post by barbario »

Just ask the managers in Edinburgh about figures. :cuppa