Royal Mail Share Discussion Threads

[cancun tango] 05/1/2018 22:39

Royal Mail union "confidence grows" of agreement after progress in New Year talkswww.cityam.com/278305/royal-mail-union-confidence-grows-agreement-after-progress/amp#ampshare=

[encarter] 28/12/2017 08:37

Record year for internet shopping. Hopefully rmg got their share and will up the divi again. Trading update usually mid jan.

[europa79] 08/12/2017 15:37

Looks like this is heading to 500

[careful] 07/12/2017 09:41

rmg ex divi today 7.7p.

[joe say] 07/12/2017 09:41

A great deal with the EU ????


LOL - are you having a laugh?

[oiht] 07/12/2017 09:28

Fundamental is the correct word.

edit: Hernando, you are right that we don't hear about the MEPs, in fact most Europeans couldn't name their MEP! The supreme irony is that the most well known of them all, and the most influential, and across the whole of the EU, is Nigel Farage!

[hernando2] 07/12/2017 07:41

the only thing about the EU that I fundamentally disagree with is it that it was set up so that the unelected officials drive the policy and the elected members, that is MEP's, are only allowed to discuss and vote on what the unelected officials put in front of them.

That is why all countries in Europe feel powerless, apart from the Governments that can influence the unelected officials, and we know who they are.

so all we hear is junker or tusk..what about the MEP's who we pay huge amounts for , offices , wages , transport, two parliament buildings...they are of no consequence

[careful] 06/12/2017 19:57

good point.
One Brexit setback is that it would allow Corbyn to nationalise RMG.
Corbyn himself said that being in the EU would prevent him from doing such things.

Swings and roundabouts.
On balance I think we had a great deal with the EU.
A disaster to leave in my view.
but time will tell.

Davis admitted today that he had no clue of the effect of Brexit on the car or aerospace industries.
stupid and ignorant, he only knows, as does the clueless Ian Duncan Smith, that it will not effect them at all.

[encarter] 06/12/2017 17:50

I agree. Slightly off topic but due to european law the postal service was opened up to competition and royal mail lost alot of the high margin mail. Following brexit that law could be reversed.

[careful] 06/12/2017 17:47

The mediators recommended solutions seem fair to all.
Agreement must be close. Tying up a few loose ends could be done quickly.
Unions have achieved a good deal, but sensible.

[encarter] 06/12/2017 17:07

News out. Seems like a good deal for royal mail.

[aleman] 06/12/2017 10:17

We don't live in a capitalist system. When I studied economics in the Thatcher era, the UK was described in text books as a mixed economy. True capitalism has no taxes. It does not have regulations which big business actively encourage to keep out small competitors. Today's economy has even more distorting taxes, subsidies, licenses, health and safety regulations, other laws and regulations, and oligopolistic practices than the 80s. There is nothing left that actually operates without some kind of intervention or distortion that affects prices and markets. Consumers are not free to decide without government interfering in all their purchasing decisions in some way. To blame faults on capitalism is erroneous - not that I would ever advocate a truly capitalist market without safety nets. I'm just saying that one of the reasons growth has been so poor in recent years is excessive and ever expanding government interventions, increasingly by stealth. Don't blame capitalism when it is not actually being allowed to operate. Capitalism DOES need regulating WELL to achieve the best results for society a whole. It increasingly looks like it is being regulated badly for the benefit of a few.

[oiht] 06/12/2017 09:31

Exactly Careful, if it's so bloody terrible here why do half the third world want to come?

[careful] 06/12/2017 09:06

Everyone is getting richer.
Capitalism is about property rights and ownership, freedom and less state control.

You own your house, say what you want, go where you like and own your own car.
Free to work anywhere and earn as much as you can get.

Trouble is it is competitive.
Must look after those poor losers.
And we do.

A great system, we are all better off.

[encarter] 06/12/2017 08:52

Just the women

[tenapen] 06/12/2017 08:21

Good Post, cancum tango.


Analysis: Kamal Ahmed, BBC Economics Editor

What is the point of capitalism?
--------------------------------

That might seem like a pretty big question, but one answer could be "to provide people the opportunity through work to become richer".

What, though, if the economy fails in that endeavour?

If the system leaves you - despite all your efforts - worse off in December than you were the previous January?

Or worse off now than you were a decade ago?

It was Lord Adair Turner, the former head of the Low Pay Commission, who put it succinctly.

"The UK over the last 10 years has created a lot of jobs, but today real wages are below where they were in 2007," he told me earlier this year.

"That is not the capitalist system delivering its promise that over a decade or so it will raise all boats, and it is a very fundamental issue."

[oiht] 05/12/2017 21:29

Thinking about it, I doubt his boss will be complaining but the shop steward might ;-)

[oiht] 05/12/2017 21:09

I saw a postie literally running from door to door the other day! The things those nasty capitalists expect.

[careful] 05/12/2017 20:11

Great for RMG if a sensible fair deal can be done.
The whole point about capitalism is that successful profitable companies can expand and and create safe well paid jobs.
They must be competitive and not let the opposition steal their lunch.

A good opportunity for RMG here.

[cancun tango] 05/12/2017 19:37

One in the eye for those who think capitalism is and should be a one way street to minimum wage and ZHCs. Well done Terry in standing up for your members, hope it inspires more to stand up for themselves.