Royal Mail to be sold off

[clapham_gull]

BBC News - Royal Mail is to be privatised, government confirms

 

[Smithy]

probably a good thing to be honest.

 

[Beach Hut]

About time

 

[desprateseagull]

i predict another railtrack type buttfuck.

 

[clapham_gull]

.. but the Government are going to take on the pension liability.

Let's hope they get a good price for it then.

 

[Beach Hut]

.. but the Government are going to take on the pension liability.

Let's hope they get a good price for it then.

That is a joke surely, about the biggest of the lot on pensions so hardly prudent

 

[clapham_gull]

That is a joke surely, about the biggest of the lot on pensions so hardly prudent

Nope, they've got to sell it after all. You can't really take it off then, deferred wages and all that.

 

[Southover Street Seagull]

.. but the Government are going to take on the pension liability.

Let's hope they get a good price for it then.

And they'll probably rob the £26 billion in assets off the pension fund too.

 

[Southover Street Seagull]

That is a joke surely, about the biggest of the lot on pensions so hardly prudent

If they want to privatise Royal Mail they can't sell it with an £8.4 billion pound pension deficit can they? No private company would buy another company that had that much debt.

 

[User Removed]

Hang on a minute, have they not been going on about this for bloody YEARS?

 

[Stat Brother]

Yes but this time they mean it as the cupboard is bear and pockets are empty.
It probably wouldn't be happening so soon into this government, if the last one hadn't tried it late into their reign.

 

[adrian29uk]

Can you remember what the Tories did last time they where in power? They sold off the railways, and can you remember what an absolute joke it turned in to and still is.

I predict the same thing to happen to Royal Mail.

 

[Art Vs Science]

Royal mail desperately needs dragging into the 21st century either way. Bloody awful service, always a mile long queue in town and not enough staff, and the ones that are there don't seem to give a f***.

 

[cannedheat]

Can you remember what the Tories did last time they where in power? They sold off the railways, and can you remember what an absolute joke it turned in to and still is.

I predict the same thing to happen to Royal Mail.

The tories are just carrying on with what Peter Mandelson proposed and would have brought about if Labour had stayed in office.

 

[beorhthelm]

really dont see the point, especially if the government keeps the pension liability/debt. it will be mandated to maintian a universal service so wont be able to be properly competitive.

 

[Clive Walker's slaphead]

All the royal mail moaners - and there are thousands throughout the country aint seen nothing yet. Universal service will be the first thing to go as any buyer will only want to take the profit making parts on and the rest will go to the wall. So many areas are non profit making and it is keeping these parts going that hampers royal mail but it is obliged to do so under it's licence. Get used to a very expensive to use service in the future

 

[Flavor Flav]

Expecting price rises then, what a f***ing joke.

 

[Don Quixote]

Cable is a traitor. I hope the liberals get no seats in the next general election.

 

[Neil]

Royal mail desperately needs dragging into the 21st century either way. Bloody awful service, always a mile long queue in town and not enough staff, and the ones that are there don't seem to give a f***.

Royal Mail Counters is entirely separate from the delivery side and that part isnt being sold off:

 

[Stat Brother]

Expecting price rises then, what a f***ing joke.

Yeah your right, 41p to send a letter from Penzance to arrive next day in Aberdeen is a right f***ing con. twat.