Forum menu
I could forgive the...
 

I could forgive them a lot, but not this ....

Posts: 2177
Full Member
Topic starter
 
[#13485619]

The government are selling Royal Mail to a Czech billionaire, according to the news.  That does it - 50 years of voting labour out of the window as far as I'm concerned.


 
Posted : 15/12/2024 11:10 pm
beagle and beagle reacted
Posts: 33970
Full Member
 

I thought the Tories had flogged it off years ago.

Could be worse, at least it’s someone in Europe, it could have been Elonia Musk…


 
Posted : 15/12/2024 11:14 pm
supernova, pondo, donncha and 17 people reacted
Posts: 14536
Free Member
 

Wasn't the deal agreed during the previous Govt?


 
Posted : 15/12/2024 11:25 pm
hightensionline, doris5000, AD and 19 people reacted
Posts: 1795
Free Member
 

Previous government, but could be stopped. Not really been the Royal Mail for a long time.


 
Posted : 15/12/2024 11:30 pm
kimbers, kelvin, kelvin and 1 people reacted
Posts: 41395
Free Member
 

Democracy - the least worst system weve tried.

Labour, the least worst government we can vote for?


 
Posted : 15/12/2024 11:51 pm
supernova, carlosferreiro, convert and 7 people reacted
 ton
Posts: 24281
Full Member
 

might turn it around.

they should sell the whole shytehole of a country while their at it.


 
Posted : 15/12/2024 11:55 pm
murdooverthehill, PJay, Watty and 3 people reacted
 Andy
Posts: 3348
Free Member
 

Nothing to do with Labour. Arranged and signed off by last gov't.


 
Posted : 15/12/2024 11:58 pm
silvine, Kryton57, AD and 13 people reacted
Posts: 1330
Free Member
 

I thought it'd been sold in the 1980s.

Not entirely sure what difference it makes in the grand scheme of things.


 
Posted : 16/12/2024 12:02 am
J-R, kelvin, kelvin and 1 people reacted
 Andy
Posts: 3348
Free Member
 

Well it was actually privatised in 2013 during the Cameron gov't, but that's probably Labours fault as well. Somehow.


 
Posted : 16/12/2024 12:16 am
hightensionline, supernova, doomanic and 39 people reacted
Posts: 15692
Free Member
 

I thought it’d been sold in the 1980s

On the contrary, Margaret Thatcher was famously very opposed to the privatisation of Royal Mail.

And ironically the Tories needed the Liberal Democrats to help them privatised it.

The government are selling Royal Mail to a Czech billionaire

Well I hope they put a silhouette of his portrait on their stamps, otherwise I feel that they might be falling foul of the trade description act.


 
Posted : 16/12/2024 12:23 am
Posts: 9218
Free Member
 

Wish I was getting closer to the best price the shares reached a few years back around £6.50 for my free ones issued ~10 years ago, but hey ho.


 
Posted : 16/12/2024 1:29 am
jairaj and jairaj reacted
Posts: 588
Free Member
 

So you could say that the Czech is in The Mail.


 
Posted : 16/12/2024 6:00 am
hightensionline, crossed, oceanskipper and 103 people reacted
Posts: 4880
Full Member
 

The race to the bottom has well and truly accelerated now then.


 
Posted : 16/12/2024 7:50 am
Posts: 5827
Full Member
 

TBH what difference does it make to you (unless you work for them),everything else has literally been sold off  🙂


 
Posted : 16/12/2024 8:22 am
J-R, thepurist, J-R and 1 people reacted
Posts: 14484
Free Member
 

Previous government, but could be stopped. Not really been the Royal Mail for a long time.

I've not really been paying attention to any of this, so this is a question.

How easy would it have been to stop something signed off by the previous Government? If they could stop it, what are the consequences? Is it even worth saving?


 
Posted : 16/12/2024 8:26 am
Posts: 23593
Full Member
 

So you could say that the Czech is in The Mail.

The race to the bottom has well and truly accelerated now then.

You mean there are worse puns to come?


 
Posted : 16/12/2024 8:32 am
pisco, J-R, pisco and 1 people reacted
Posts: 6932
Full Member
 

I spent 9 months working as a postie, I can’t imagine a worst employer no regard for worker safety or the law, knowingly send people out to work with vehicles with bald tyres and dangerous faults. Absolute them and us attitude between workers and managers and will run away and claim victimisation when you try and bring up a legitimate issue. Most people like their posties but loathe them as an organisation. Expect further price increases and more deterioration of service.


 
Posted : 16/12/2024 8:41 am
gordimhor, matt_outandabout, gordimhor and 1 people reacted
Posts: 1785
Full Member
 

Royal Mail was privatised by the Cameron government and so it's sale it 'just' another stock market transaction.

As above the sale to a Czech firm has been on the cards for months, maybe over a year.


 
Posted : 16/12/2024 9:00 am
donncha, AD, J-R and 5 people reacted
Posts: 33186
Full Member
 

Interesting that press reports (presumably) are making people think it's a Labour government action.


 
Posted : 16/12/2024 9:05 am
Posts: 4880
Full Member
 

@dovebiker I was a postie for nearly 26 years took the money and ran in 2009 best decision ever !


 
Posted : 16/12/2024 9:11 am
DrT and DrT reacted
Posts: 28593
Free Member
 

Interesting that press reports (presumably) are making people think it’s a Labour government action.

See also, the Chagos Islands deal and early prisoner release. The dishonesty of the mainstream media shouldn't be underestimated.

I was a postie for nearly 26 years took the money and ran in 2009 best decision ever !

I wondered why I never got that 20 quid my aunt sent me back then.


 
Posted : 16/12/2024 9:28 am
hightensionline, supernova, donncha and 11 people reacted
Posts: 9387
Full Member
 

This whole thing barely registers on my giveashitometer. Most of my deliveries to my house are via a courier, I would say I get one Royal Mail letter every 2 weeks, other than junk mail that I have not asked for. The only useful thing Royal Mail do for me is collecting small parcels from the house, but I guess another courier would manage that just as well.

I do understand that the universal price is really important for rural communities and Royal Mail are better placed to preserve that, but I do not feel like it is some sort of cherished service that must be preserved at all costs.


 
Posted : 16/12/2024 9:41 am
J-R, stumpyjon, kimbers and 3 people reacted
Posts: 31089
Full Member
 

Just read this on the BBC website, and the first half of the story does indeed read as if the government are selling it, rather than IDS. Weird reporting. Carry on reading to the end and you get the actual story.


 
Posted : 16/12/2024 9:42 am
doris5000, AD, AD and 1 people reacted
Posts: 9387
Full Member
 

@failedengineer. I'm genuinely curious that you are so animated about this. Makes me wonder what I am missing. How does it impact you and why do it make you want to change voting intention?


 
Posted : 16/12/2024 9:47 am
J-R, kimbers, J-R and 1 people reacted
Posts: 1330
Free Member
 

Interesting that press reports (presumably) are making people think it’s a Labour government action.

That does seem to be the populist opinion if Twitter is anything to go by. Which it probably isn't.

I’m genuinely curious that you are so animated about this. Makes me wonder what I am missing. How does it impact you and why do it make you want to change voting intention?

For all the crimes against the population that have been inflicted upon us by various governments both red and blue in my lifetime alone, this does seem to be a deeply odd hill to choose to die on. Like, the Iraq War under Blair was perfectly acceptable, but selling the Royal Mail (which they aren't, AIUI it was already sold by our favourite renowned pig-botherer) is a step too far?


 
Posted : 16/12/2024 10:05 am
Posts: 46084
Free Member
 

I have not read the thread - but thought Royal Mail was owned by a German & Canadian company anyway?


 
Posted : 16/12/2024 10:12 am
kelvin and kelvin reacted
Posts: 6126
Full Member
 

ElShalimoFull Member
Wasn’t the deal agreed during the previous Govt?

Yeah, but we all know that Labour's *really* behind it all, somehow.


 
Posted : 16/12/2024 10:16 am
Posts: 31089
Full Member
 

IDS is still a UK company, but their operations in Germany & Canada are now its focus.


 
Posted : 16/12/2024 10:18 am
J-R and J-R reacted
Posts: 6638
Full Member
 

@failedengineer - I want to know why you've failed as an engineer? I've been winging and getting away with it for 36years now.


 
Posted : 16/12/2024 10:21 am
chambord, ads678, chambord and 1 people reacted
Posts: 3231
Full Member
 

I'm sure all necessary Czechs and balances are in place


 
Posted : 16/12/2024 10:48 am
johnnystorm, slowol, benpinnick and 13 people reacted
Posts: 15692
Free Member
 

 TBH what difference does it make to you (unless you work for them),everything else has literally been sold off

And anyway I am sure that Daniel Kretinsky wants to own Royal Mail because he was concerned that people in the UK weren't receiving the best postal delivery service possible. So a cheaper more efficient service I am positive is just around the corner.

How easy would it have been to stop something signed off by the previous Government? If they could stop it, what are the consequences?

Well when Keir Starmer was desperate to become Leader of the Labour Party he included the renationalisation  of the Royal Mail in one of his 10 socialist pledges, so the former DDP obviously thought that it was doable:

5. Common ownership

Public services should be in public hands, not making profits for shareholders. Support common ownership of rail, mail, energy and water; end outsourcing in our NHS, local government and justice system.

Opinion polls have consistently shown overwhelming public opposition to firstly the privatisation of Royal Mail and then overwhelming support for renationalisation.

But presumably the wishes of a Czech billionaire are now more important to Keir Starmer than the wishes of British people, as is profits for shareholders......tough decisions and all that.


 
Posted : 16/12/2024 10:52 am
joshvegas and joshvegas reacted
Posts: 12888
Free Member
 

The government are selling Royal Mail to a Czech billionaire, according to the news.

The news (including BBC) seem to be, for whatever reason, strongly implying that this is the (Labour) government's doing, by saying the takeover has been "approved"

but could be stopped

I don't think it could though? AIUI, the "approval" means that it passes whatever checks it needs to in terms of national security, etc, and that being the case there simply isn't the mechanism to deny what is essentially otherwise a fairly ordinary takeover bid. It's already been sold off from public ownership, years ago, it's simply being sold on now.


 
Posted : 16/12/2024 12:09 pm
Cougar2, kelvin, Cougar2 and 1 people reacted
Posts: 15692
Free Member
 

don’t think it could though? AIUI, the “approval” means that it passes whatever checks it needs to in terms of national security, etc, and that being the case there simply isn’t the mechanism to deny what is essentially otherwise a fairly ordinary takeover bid. It’s already been

There was no need to stop it. If Starmer had stuck to the “pledge” he made when he claimed that public services should be in public hands, not making profits for shareholders, and the government had a policy of renationalising Royal Mail, then I very much doubt that Daniel Kretinsky would have been interested in it and there would be no takeover happening now.

With the correct legislation nationalisation is perfectly legal. If Charles the First managed to do it I am sure that it is not beyond Keir Starmer's capabilities. He certainly previously thought that he could do it.


 
Posted : 16/12/2024 2:13 pm
Posts: 9043
Free Member
 

I'm similarly outraged that a company that for too long was a monopoly and has continued to give crap service for expensive prices has been sold to someone else. You'd kind of hope this billionaire businessman has some kind of idea of how to run a successful business and as a result we may actually see something resembling a decent vfm postal service...


 
Posted : 16/12/2024 2:18 pm
kimbers and kimbers reacted
Posts: 12978
Free Member
 

I could forgive failedengineer alot.... But not this flounce.


 
Posted : 16/12/2024 2:28 pm
J-R, kimbers, J-R and 1 people reacted
Posts: 2177
Full Member
Topic starter
 

It doesn't affect me personally.  It's the principle.  A Labour government should be re-nationalising the sold off assets, not carrying on with the sale.  By trying to appeal to people who would probably never vote Labour, they are alienating old lefties like me.  I'm sure that they (or certainly Starmer) don't care in the slightest because I'm part of a dying (literally) breed.

@rustynissanprairie - I never actually failed as an engineer (I was a design draughtsman/Project Engineer back in the pencil days), I moved into sales and marketing.  I just wish that I'd stuck it out, it was the only thing I've ever been good at!


 
Posted : 16/12/2024 2:39 pm
Posts: 3072
Free Member
 

have the government got 3.6bn to buy royal mail and cover the likely blackhole of its pensions


 
Posted : 16/12/2024 2:56 pm
J-R and J-R reacted
Posts: 12888
Free Member
 

With the correct legislation nationalisation is perfectly legal.

I'd have preferred it not to have been sold off in the first place but, as above, where would the money come from to buy it back? is it even worth spending that kind of public money on a declining industry?


 
Posted : 16/12/2024 3:02 pm
Posts: 15692
Free Member
 

By trying to appeal to people who would probably never vote Labour

I don't think this particular issue has anything at all to do with Labour trying to appeal to Tory voters.

Don't be mistaken into thinking that STW reflects public opinion, according to a recent yougov poll 75% of voters support renationalising Royal Mail and only 15% oppose it.

Even if every single one of the 15% was a Tory voter that is still a lot of Tory voters who don't oppose the renationalisation of Royal Mail.

Renationalisation of the nation's assets is massively popular with voters, including Tory voters, if Starmer's government makes the "difficult decision" not to renationalise Royal Mail it has to be for ideological reasons, certainly not because it lacks voter appeal.

https://yougov.co.uk/politics/articles/50098-support-for-nationalising-utilities-and-public-transport-has-grown-significantly-in-last-seven-years

have the government got 3.6bn to buy royal mail

So it is debatable whether the UK government can afford to buy something which it turns out that a Czech billionaire can afford?


 
Posted : 16/12/2024 3:11 pm
Posts: 4670
Full Member
 

Where would the money come from to buy it back?


 
Posted : 16/12/2024 3:15 pm
Posts: 3066
Free Member
 

Taking Northern Rail back into public ownership has certainly worked out well.


 
Posted : 16/12/2024 3:22 pm
Posts: 4438
Full Member
 

if Starmer’s government makes the “difficult decision” not to renationalise Royal Mail it has to be for ideological reasons, certainly not because it lacks voter appeal.

Considering the ferocious resistance they're encountering on every front where they're trying to raise taxes or cut spending I suspect they're looking at the 3.6 Billion it would cost them and have decided that the plaudits they'll get for re-nationalising the RM will be more than outweighed by the pain of raising the money.

Oh, and if the sale had already been agreed under the previously government they'd probably end up in court and on the hook for  a very hefty legal bill if they quashed it now. Which I'm sure the press would have a field day about as well.

I'm not a Labour supporter but.. government is tough.


 
Posted : 16/12/2024 3:23 pm
pondo, ChrisL, pondo and 1 people reacted
Posts: 12888
Free Member
 

@johnnystorm the Royal Mail isn't anywhere near profitable enough to cover the interest payments on £3.6B of government bonds


 
Posted : 16/12/2024 3:33 pm
Posts: 15692
Free Member
 

Oh, and if the sale had already been agreed under the previously government they’d probably end up in court and on the hook for a very hefty legal bill if they quashed it now.

As I said previously no need to quash the takeover bid, just nationalise Royal Mail. The courts could do about as much about that as they could about privatisation.

Which I’m sure the press would have a field day about as well.

So "the press" sets the agenda, not voters and the government which they elected?

Excuses, excuses, excuses, always an excuse for not doing the right thing.


 
Posted : 16/12/2024 3:34 pm
 rone
Posts: 9787
Free Member
 

Where would the money come from to buy it back?

Same place it always comes from.

And the government gains an asset.

Look Labour or the Tories - both are signed up to private-is-best.

And as terrible as the Tories are we have a Labour government that is working in the interests of capital - why on earth is anyone shocked these days?

The ship has sailed

Until we change the whole damn outlook on the way markets don't actually work then we will keep getting these shitty governments not operating in the interest of the majority.

No real point in keeping going on about the Tories now - it's up to Labour to fix things.


 
Posted : 16/12/2024 3:37 pm
ernielynch, cinnamon_girl, cinnamon_girl and 1 people reacted
Page 1 / 3