1,000,000 A Day?

[Ragest]

Could the 1million pound a day loss that RM say they are losing over the last quarter, be something to do with the £70 million they paid to managers to go, and also the new uniform being introduced ?. If RM are going to change our name then surely we are going to get another new uniform with the new name on.

[GRS]

Without a doubt. Makes you wonder if this management restructure was just a cynical ploy in accruing a load of losses. The best way to crank up a huge amount of expenditure quickly is through paying out redundancy to a lot of people. In this case it was 700 odd people and I would love to know how much that equated to, probably 60m plus. If that's the case then that accounts for 1m a day for two months so looking at these sort of figures then maybe the truth is not too far away!!!

[Wolf91]

The case is probably this: they are still making a huge profit - it’s just they’ve skewed the narrative to make it look like they’re losing money. Ie: they were making £2million a day - now they’re only making £1million a day = losing £1million a day in Royal Mail land.
Absolutely disgraceful IMO.

[iHateD2Ds]

It’s not rocket science ,the amount of revenue RM got from tracked lateral flow and Covid Kits was astonishing.
They are not losing money, just not making as much.
Lies, lies, lies.