Member Info for Time2Kill

To use their voting rights?

Good luck getting robots to deliver the final mile where RM spend of their staffing costs.

I would have thought it's very good news for the shareholders as it means the Board's plans to make RM solely a parcel company are going to plan, it's shocking really that both Governments have just sat back and let RM effectively kill off the UK's mail service.

"he's stealing the company" if that's really the case then why is nobody else seemingly interested in making a counter offer?

Apart from the super wealthy posties will be the only people who'll be still sending Xmas cards this year!!

When was the last strike? Is RM, parcels wise, anymore unreliable than EVRI/DPD? As far as the free collections I usually get 1 or 2 a day, usually small packets, given I deliver a minimum of 50 packets/parcels a day it really is having little affect on the amount of parcels RM delivers.

You have to wonder if this latest price increase is enough to make Labour to decided to regulate !st class post prices as well as 2nd class, if the electric co's or fuel companies tried something similar there would be a total uproar. Royal Mail are effectively putting 1st class, and so next day mail deliveries beyond the masses.

There are zero signs DK won't getting enough shareholders to back his deal when Peel have already come out in support. The question must be who else is doing to offer more if DK ever walks away?

Next steps

We are inviting views from interested parties by 3 April 2024 on our analysis and the options for reform, to understand the potential impact on people and businesses. This includes vulnerable people, those in rural and remote areas of the UK’s nations, as well as large organisations who use bulk mail services.

We will hold events in the coming months to discuss the evidence and options, bringing together a range of people and organisations with different perspectives. After carefully considering the feedback, we will provide an update in the summer.

I can't recall seeing any news or feedback about the events, have any actually taken place?

I assume "summer" in the UK effectively ends this month, so I went should be getting a further update in the next couple of weeks?

Peel Hunt are confident the deal will get approval and also suggest the offer is an "attractive" one for shareholders:

https://www.proactiveinvestors.co.uk/companies/news/1053366/royal-mail-bid-will-go-ahead-after-cabinet-probe-predicts-broker-1053366.html

Royal Mail bid will go ahead after Cabinet probe, predicts broker

There's no real signs RM will also "fly" anytime soon so that will drag the share price down.

Do they have a choice given that DK as to make a bid later this month, the UK can't stop operating for a month whilst the election takes place.

Problem is none of us know what DW said to EP in the meeting, he's talked a lot of bull in the past about RM senior management but still come to an agreement with them shafting most of it's employees.

Will this now delay any potential takeover, as will the Government now stall any discussions on DK's National Security concerns until after the GE, thereby leaving it for who ever wins the GE to make that decision?

Given there's been no IA this financial year, the sick pay etc changes are all now in place, and parcel deliveries are return to pre IA levels it's hard to believe losses haven't been reduced from £1m a day.

Same with my DO very few items don't get delivered by the second attempt and most probably get delivered eventually or are collected from the CSP at the DO. You have to sense the Times reporter as put 2+2 together and just made up that suggestion. Probably a better one is that DK feels that the USO changed will be agreed within a year and they will then lead to the £300m cost savings, if they do RM will be viable as a stand alone company and then GLS could be sold off or floated probably for most of the £3.5B he's paying for IDS.

Konydarts OFCOM said earlier this week any decision regarding the USO won't be made until after the general election, so it seems little chance of a decision before DK's bid has to be accepted or rejected.

It's pretty clear OFCOM accept the USO needs changing but for some reason, perhaps because it's an election year?, they seem to be slow in making any decisions/recommendations by the time they now make one RM will probably be foreign owned.

If OFCOM can change the USO without needing Government approval then why is it now being suggested approval won't be given until after the next General Election?? Having said that it doesn't really matter if it needs approval or not as you can see whatever OFCOM recommend will be accepted by the Government.

Only virtually guaranteeing the takeover unless the Government stop it for any reason?