sharetrader1021 Feb 2020 12:27
To try and put you in the picture, sharetrader10, consider these points.
1. Initially, and right up to just a few short years ago, Royal Mail was never intended to be a profit making company: it was set up to improve a country's commerce by helping new and existing businesses expand and flourish within a rapidly growing Tudor economy...it was not actually intended to generate any profit itself.
2. Most posties, well certainly those with twenty odd years of service in, see it as just that. They do not, and most never will, accept the fact that it now has to stand on its own two feet...and, most importantly -- turn a profit!!
3. Most "front-line" posties, well all of them actually, see themselves not as one small part of a money making venture...but as an integral and vital part of a huge, sprawling government department that primarily is there to serve their local communities...not a horde of faceless investors; in fact most posties don't give a tuppeny-toss for the share price -- they openly laugh at it!
4. Historically there has always been great mistrust between RMG and the CWU union...and this will not change - ever!
5. Finally, familiarize yourself with the last so called "binding agreement" between the two aforementioned parties...it is known as "The Four Pillars campaign". RMG have now turned there back on some parts of it...much to the unions great dismay and chagrin.
Couple all this with the very real threat that there could be thousands of job losses within the group over the next several years, due to the company's insistence on burying its head in the sand concerning the massively, rapidly expanding potential of internet shopping (most importantly the parcels market)...and, well, you have the resulting high tension and, apparently, complete stalemate we are now faced with.
Hope this helps. Oh and by the way, unlike others on here...I am a postie. Cheers!
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