Bike deliveries are now thing of the past

[wabbithunta]

Royal Mail chairman: Bike deliveries are now thing of the past

http://www.cityam.com/1406199739/royal- ... thing-past" onclick="window.open(this.href);return false;
by Peter Spence July 24, 2014, 12:02pm

Royal Mail's message to posties at today's AGM? Off your bikes!

Chairman Donald Brydon has told shareholders that bike deliveries for Royal Mail will now be a thing of the past, as they're not considered efficient for modern parcel sizes.

Shareholders voted through all resolutions at the AGM with at least 90 per cent approval, with no signs of a threatened pay revolt after the government - which retains a 30 per cent stake in the company - said that it would support the company's remuneration report.

Kicking things off at the company's first AGM since its privatisation, chief executive Moya Greene welcomed unions Unite and CWU, thanking them for their "collaborative" work in making the delivery company's privatisation possible. Brydon warned that unions and the firm should "not go back to the days of shouting through megaphones at long distance".

Shares in Royal Mail have suffered after the company warned on parcel revenues in an interim management statement earlier this week. Competition in the key market has heated up. At the AGM, Greene cited Amazon's switch towards its own delivery network and a trend away from larger parcels as responsible for of Royal Mail's weakness.

As for attendance numbers at the company's first AGM - the first opportunity for shareholders to air any possible grievances - there could be more journalists than shareholders present at the Birmingham venue.

The Times' Robert Lea reports that Royal Mail was "prepared for 3,000 of its 750,000 shareholders turning up," while an internal sweepstake indicated that the AGM might see between 250 and 600 seats filled. Maybe their invites got lost in the post.

[Lounge Lizard]

"chief executive Moya Greene welcomed unions Unite and CWU, thanking them for their "collaborative" work in making the delivery company's privatisation possible"
So if the CWU had objected, rather than working collaboratively, Royal Mail's privatisation would not have been possible. Now she tells us.

[mark_e]

When i eventually have my cycle removed from my duty and forced to use a trolley i will too knackered to do any overtime and by my reckoning i will be up to £200 per week worse off and can easily see myself getting into debt over time.i,like many posties rely on ot

[PHARRY]

When i eventually have my cycle removed from my duty and forced to use a trolley i will too knackered to do any overtime and by my reckoning i will be up to £200 per week worse off and can easily see myself getting into debt over time.i,like many posties rely on ot

You should never rely on OT it's a bloody stupid thing to do

[Bahia Feliz]

When i eventually have my cycle removed from my duty and forced to use a trolley i will too knackered to do any overtime and by my reckoning i will be up to £200 per week worse off and can easily see myself getting into debt over time.i,like many posties rely on ot

Ah diddums

[Lounge Lizard]

When i eventually have my cycle removed from my duty and forced to use a trolley i will too knackered to do any overtime and by my reckoning i will be up to £200 per week worse off and can easily see myself getting into debt over time.i,like many posties rely on ot

Time to look for a part time job then, pizza delivery, taxi driving, gardening, the list is endless. Every cloud .......

[wannabeek]

When i eventually have my cycle removed from my duty and forced to use a trolley i will too knackered to do any overtime and by my reckoning i will be up to £200 per week worse off and can easily see myself getting into debt over time.i,like many posties rely on ot

I felt too knackered to do overtime when we changed to park and loop, and used to do loads before. However, it's just different muscles I was using and within a fortnight I was comfortable to be able to do the OT again. It's not the same for everybody, but you may find it not as bad as you dread. Dare I say it, sometimes the new system actually isn't too bad if your partner isn't a cock, way better than those rickety old bikes.

[dvbuk55]

Anyone still relying on overtime should seriously consider their expenditure because Banking hours and Flexible working is just around the corner despite the unions protests.