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Royal Mail Share Chat (RMG)



Share Price: 394.50Bid: 394.40Ask: 394.50Change: 0.00 (0.00%)No Movement on Royal Mail
Spread: 0.10Spread as %: 0.03%Open: 397.40High: 399.50Low: 392.00Yesterday’s Close: 394.50


Share Discussion for Royal Mail


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IsleworthSpy
Posts: 200
Off Topic
Opinion:No Opinion
Price:394.50
RE: Where will it be
Today 17:22
Unions today are nothing like they were in the 70's.
Do any of you know how much has been "given up" in the last 15 years or so.
All with the agreement of the union.
To make a point of this, I will ask the same question that I did a week ago. I did not get any response then, I believe, from posties or anybody outside RMG.
I will have been at Royal Mail for 29 years next March. (I said 30 years previously, for ease).
If the final salary pension scheme closes next year, as is proposed by RMG, how many actual years of final salary have I accrued.
 
Carrington
Posts: 243
Off Topic
Opinion:Buy
Price:394.50
RE: Where will it be
Today 16:23
the thing is, more people own there own home now than in the 70's , most working class people in the 70's of which I was one, didn't - they rented from the council, didn't own a car, couldn't afford go on a foreign holiday , couldn't eat out (unless they went to a Wimpey) etc etc - I would rather stick a red hot poker in my eye than go back to those days -
mike1974
Posts: 124
Off Topic
Opinion:No Opinion
Price:394.50
RE: Where will it be
Today 15:59
There might well be more millionaires now than ever before, but they still only represent a tiny proportion of the overall population (around 1.5% I believe) and most of these so called ''millionaires'' are only due to the value of their house, so they're never going to be actual cash millionaires unless they intend to sell up and go and live in a tent at some point.

Just because the current economic system works very nicely for this 1.5% doesn't necessarily make it a good thing.
Carrington
Posts: 243
Off Topic
Opinion:Buy
Price:394.50
RE: Where will it be
Today 15:45
You are talking rubbish mate - there are more millionaires in the UK than there has ever been - and a lot of them WERE working class!! - because people aspire to achieve now - in the 70's there was no aspiration - I had to do my studying by candle light till the Unions decided the power could go on!! -
mike1974
Posts: 124
Off Topic
Opinion:No Opinion
Price:394.50
RE: Where will it be
Today 14:18
Carrington - The UK is in a far worse economic state now than it ever was in the 70's, the only reason we've not had total economic collapse is due hundreds of billions of pounds of QE and ''emergency'' interest rates for almost a decade.

At least throughout the wider economic turmoil of the 70's the working man was still in a comfortable position thanks largely to strong unions, where as now it's only the wealthy elite that are extremely comfortable whilst everybody else are nothing more than wage slaves.
wolvesposty
Posts: 4
Off Topic
Opinion:Strong Buy
Price:394.50
RE: Where will it be
Today 13:45
I cannot see a strike on the horizon as management give us bad news first then come up with something better. its called carrot and stick...... staff will accept the proposals they have in front of them and royal mail get what they initially wanted.
Carrington
Posts: 243
Off Topic
Opinion:Buy
Price:394.50
RE: Where will it be
Today 12:45
Mike - lets face it - the 70's were crap - sure there were well paid jobs with cushy t and c's, as the unions ran the country - the net result of this was the UK begging to the IMF cap in hand ffs - the UK was virtually bankrupt - why - because when you have Unions running the country nobody wants to invest in the country, businesses cannot and will not take that risk -
ARSENAL17
Posts: 1,639
Off Topic
Opinion:No Opinion
Price:394.50
Where I wil it be
Today 08:28
No the bad old days of unions trying to dictate to employers and holding business to ransom this time rmg is plc so let us see there philosophy this time and i think you will find hat here are people today who retire in there 50s, police fireman teachers do i need to go on
mike1974
Posts: 124
Off Topic
Opinion:No Opinion
Price:394.50
RE: Where will it be
Today 08:19
Arsenal - Do you mean the bad old days of the 70's when (you're generation?) were able to pick and choose pretty much any job they liked and anyone who was able bodied and barely literate could get well paid full time, permanent jobs with cushy T&C's and ridiculously generous pensions enabling them to all retire by their mid 50's?

Are those the 'bad old days' you're referring to?
ARSENAL17
Posts: 1,639
Off Topic
Opinion:No Opinion
Price:394.50
Where will it be
Sat 19:48
I hope it works out for you and your colleagues over pensions ,i dont want to see strikes we dont want to go back to the bad old days of the 70s/80s it will only cause more trouble for the business




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