I can't make my mind up if the privatisation will be a good thing or a bad thing
However, with my glass empty.......
Things that had passed me by on this included the split between the Post Office and Royal Mail in 2012 - I don't remember that happening at all.
The deliberate course of action to (finally) privatise the mail delivery service offered by Royal Mail actually dates much further back than last year. Even so, I'm not entirely convinced that the government has fully considered or consulted on the impact the sale of Royal Mail will have on average Mr J Bloggs, small businesses and rural communities across the whole of the UK.
For example, is it realistic to assume that a one price delivery charge within the UK will be sustainable for the new Royal Mail
I doubt it.
It boils my piss something chronic (especially on ebay) to see postage details which are free for UK delivery, I then bung in my postcode and face either a ridiculous surcharge for remote delivery or face the 'seller does not ship to Highlands & Islands". This isn't necessarily with alternative carriers either.... it's often Royal Mail they say they're using and that's a damn lie
It's a lie because the truth is that we all rely on the Royal Mail
very heavily to deliver at a fair price, the same fair price, throughout the UK, wherever you live, 6 days a week. At least that level of service is guaranteed by law, but then again law can be changed.....
Then we have the staff to consider. The Royal Mail already has some pretty damn odd part time contracts for many of its staff, how will a privatised Royal Mail look at its work force
From the radio this morning I heard that the current pay deal (which has been rejected by the union) is a basic 8.6% pay increase which is legally binding even after the company is sold off. Civil servants have a capped 1% pay deal which is more broadly representative of public service pay rises, so 8.6% is, on the face of it, pretty good but it doesn't reflect other factors. The fixed path to privatisation will lead to job cuts, it can only do that.
The privatisation will allow for additional funding (reads as debt to me) to be sourced which should allow for investments to improve services. The debt interest and repayment (sorry, additional funding) will wipe out the profit that Royal Mail currently makes, economics 101 suggest to me that if you need to lower costs to be competitive whilst still paying back investment finance (debt) then, for Royal Mail, the first two things to suffer will be the quality of service and the staff. Not necessarily in that order either.
So I guess I dislike the idea of a privatised Royal Mail quite intensely, pass me the Calms tablets and some coffee. Quick.
H