Still no trust and we aint even signed the deal yet!!

[belle smith]

I think the important point whether it's £600m or £800m.
Where are these savings coming from?
Closing mailcentres and VR will be very expensive in the short term.
And according to the CWU there will be massive costs implementing both D2D into workload and the new delivery methods.
So who is kidding who on here?

I wouldn't expect VR's to be that expensive.....they will probablly pay most of it through the pension scheme and then the Goverment will take the pension scheme of off RM's balance sheet.

[headscrewedon]

I think the important point whether it's £600m or £800m.
Where are these savings coming from?
Closing mailcentres and VR will be very expensive in the short term.

16,000 ? redundancies.
Mostly F/T staff, very few P/T staff.
Average wage across the 16,000 of £250/wk

£208m per annum saved.

£612m saving over three years