Royal mail

[Kimosabi]

3 minutes ago, GarethM said:

Catch up, he works there and Scotland 

I thought he was unemployed given the amount of time he spends on arbtalk 

[GarethM]

If what he earns is being unemployed, sign me up right away!.

 

He'll, I'd even do it for half of what he earns!. 😉

Edited December 24, 2022 by GarethM

[eggsarascal]

10 minutes ago, Kimosabi said:

I thought he was unemployed given the amount of time he spends on arbtalk 

Teapot kettle and black arse.

[spudulike]

9 hours ago, GarethM said:

Royal Mail: operating profit 2021-2022 | Statista

WWW.STATISTA.COM

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The operating profit of the Royal Mail Group did not follow a stable path, and it mainly experienced dramatic ups and...

 

 

 

That link is a bit misleading as the graph is actually the operating costs of the Royal Mail and NOT the profits. 

 

The profits were actually a profit going in to a loss just before the pandemic, the pandemic then gave the RM a significant profitable period dwindling toward a thumping loss this year so a company getting hammered by the low cost couriers etc pre pandemic, getting a reprieve from the pandemic and then losing market again.

My view from the outside is that the company was struggling and was saved for three years and now is losing £1 Million a day and pissing away its business to others caused by the strike.

The long and short is the company goes bust or is nationalised - the share price has dropped from 600 to 200 so not looking good for a big wage rise any time soon!

Edited December 24, 2022 by spudulike

[Squaredy]

1 minute ago, spudulike said:

That link is a bit misleading as the graph is actually the operating costs of the Royal Mail and NOT the profits. 

 

The profits were actually a profit going in to a loss just before the pandemic, the pandemic then gave the RM a significant profitable period dwindling toward a thumping loss this year so a company getting hammered by the low cost couriers etc pre pandemic, getting a reprieve from the pandemic and then losing market again.

My view from the outside is that the company was struggling and was saved for three years and now is losing £1 Million a day and pissing away its business to others caused by the strike.

The long and short is the company goes bust or is nationalised - the share price has dropped from 600 to 200 so not looking good for a big wage rise any time soon!

Thank you, I had a feeling that Andy’s figures showing they were making loads of money was wrong, but I really couldn’t be bothered to spend time reading up on it all!

 

 In fact I am sure I saw a headline a few weeks ago saying they have lost so much business due to the strikes they have had to make thousands of posties redundant.

[Kimosabi]

10 minutes ago, Squaredy said:

Thank you, I had a feeling that Andy’s figures showing they were making loads of money was wrong, but I really couldn’t be bothered to spend time reading up on it all!

 

 In fact I am sure I saw a headline a few weeks ago saying they have lost so much business due to the strikes they have had to make thousands of posties redundant.

Cutting their own throat 

[GarethM]

Cmon, even I thought of a paper cut to the throat!.

 

The real death knell is a 2nd class stamp being 68p, parcel wise it's actually reasonable. I use the RM exclusively for any parcels.

Edited December 24, 2022 by GarethM

[Doug Tait]

Apparently my postie has decided to strike because I went to the door completely naked, seems she was surprised I knew where she lived.

[GarethM]

Being naked wasn't the problem from what I heard. It was you leaving one of those you weren't in slips, but you must have run out paper and ink and wrote something almost illegible on a tissue.

[Steven P]

23 hours ago, GarethM said:

Being naked wasn't the problem from what I heard. It was you leaving one of those you weren't in slips, but you must have run out paper and ink and wrote something almost illegible on a tissue.

 

"You weren't in so I put my package in the wheelie bin"?