DeliveryToday 12:01
Dowsie3, in answer to your question about delivery,s on Saturday that aren't covered. It's still common practice for all letters to be left until Monday and maximum effort to deliver the parcels. The only thing that is different from 18 months ago when they got caught out with posters, emails, and various other documents that they couldn't wriggle out of at the house of commons select hearing. They have learnt from that mistake and don't document anything like that at all now, it's all done by word of mouth. I'd also heard that on Friday royal mail had another meeting with the regulator to try and get them to get a jog on. This resulted in them going into extra slow mode , and by all accounts royal mail,s team chucked there toys out of the pram. And said they are going to run the business as they choose. They have been doing that for the last few years anyway. As for Mr d kretinsky and what is going on in the background who knows, it may be a bit clearer by Wednesday. If he doesn't make a solid bid, maybe he will walk away and come back in six months for another bash. I don't think he will sell his holding in royal mail, he would loose at least 25% of what he has paid out. He is almost a prisoner of the share price himself. He won't want to look like he has lost control of the situation, to many takeover disasters won't do his reputation much good. I'll guess he has played this out with all the variations and outcomes and will come out with a result suited to himself eventually. PS getting away from royal mail,s tin of worms. Lloyd,s bank have been creeping up slowly on the hope of interest rate cuts. Had some small success,s with this one so far. Although like most banks they are going to be looted by the ppl gang for miselling car loans year's ago. The up side for them is they know that is coming and have set aside half a billion quid for it. The city don't seem to be bothered by this revelation and the sp is ever so slowly creeping upwards. All the best to all have a good weekend.