Member Info for beatrootjuice

Verny, that's the only thing I can think of that's holding it back and the industrial action. A resume of a divi, however small, would have helped no end. It's ok saying 'record PBT' but people want a divi for their patience here at least if you're saying that.

No surprise there. Always happens. Buy now, be £5.50 next week.

Let's hope they send them all SD.

The deal may be signed but it far from means their plan will work!

Need like a zillion % to break even here. Just holding to remind me of past mistakes, that and haven't actually got enough to cover dealing charge lol.

Yes, just noticed that.

Delared in Nov with results.

Newdealz, like what you did with my name but I'm not the slightest bit bitter. The main crux of the problem royal mail has is the USO. It simply cannot compete with exclusively parcel delivery companies. It's impossible when you have to do the letters too. It was never going to work. Couple that with clueless management who waste so much money with hair brain schemes and you are left with the situation the company is now in.

What a load of BS they're trying to spin there. First point, I noticed letters have actually reduced less yoy than parcels! Thought parcels were the future. Quality of service will not be improved thanks to the 'successful roll out by management of the new revisions '. What a joke, most of the revisions are resulting in mail being left in or brought back on a daily basis! I would not be buying the expected by me, 10%+ dip today. It is my last day tomorrow working for this now crappy company and I feel for my colleagues still there. It has been badly run for a number of years but these last few have been shocking. Covid delayed the situation we are now in but it was always coming down the line. Wish you guys good luck here but there are much better companies to put your money to work with than Royal Fail. Adios.

I think various branches around the country are advising no vote however the CWU centrally are still recommending a yes vote.

Redceo. Most in our office when faced with an absolute mess of a revision on their duty work even slower as there is literally no chance of ever coming remotely close to finishing on time or even half an hr late. Royal mail management are absolutely clueless. What gets me is whoever is planning these revisions would surely have reams of PDA actuals data if they wanted to do the job right. Instead they cut walks out and 'save' hrs. Except it isn't saving hrs if someone wants to complete, it's overtime, still has to be paid. The savings come from not delivering the USO. Something which will go on and on until the regulator gets a grip. Then one of two things will happen. Either the USO gets withdrawn or Royal Mail goes out of business. Honestly, if the USO was enforced like it used to be, royal mail would very soon go under. The only way they're keeping their head above water is by not delivering every day.

My rural hybrid has had a whole village added in place of the 1hr or so I used to have to do LAT pkts. It is now about 2hrs too big but I still get told to bundle bag and take it out, just to bring 2hrs wirth back, to have to prep in again the next day which makes it even less do able. It's an absolute joke. End up delivering every other day to each half of delivery.

What am I not seeing in these results?

And they are all ****ging Tony off on social media.

It's not a 3 yr deal. It's 2. We've already had yr one (and almost a month of yr two now).

Virtual no chance of it getting voted in, whatever that will mean. Only the thick as shxt Union could reject a £1500 lump sum in favour of a £500 lump sum with the same 8% over two yrs pay deal. Beyond a joke.

On my holding, but think I made the right decision (for me), to sell my rights and not put considerable new funds into this. If I get back to 50% loss in the coming yrs, I'll sell and take it as a lesson. It was always a risk after all. Just didn't pay off. If I'd took my rights up, I'd be kicking myself on today's SP. In fact, using my money from the sale of the rights, I could now by same amount for less than the bargain 40% discounted share price we were told.

Newdealz, yeah I'm with you on that one , most don't even know what their hourly rate is.

Well it's unusual to go to another meeting to advise reps on the next course of action as Ward said. Usually PEC would endorse it , union recommend it and put it to a vote . Could that course of action be industrial action? Who knows with this fiasco. Maybe they have just found another pallet of custard creams with a short sell by date that needs to be eaten.

With coffee and biscuits arranged for all the reps this Friday before we here any more about the deal. How much longer can these people drag this on for. Beyond a joke.