RE: RE: Huge buy20 Aug 2019 11:48
Business model doesn't work, being strangled by labour costs and accelerating letter decline, anaemic parcel growth will not save RMG. Billion pounds spent on transformation costs since the IPO to rejig full time/part time profile yet productivity still a real headache. Rico is right to grow the business and confront the CWU, they couldn't afford the last deal and they can't afford the next one. Alas for shareholders it's a PR battle he can't win.