Royal Mail sold to Czech Tycoon Daniel Kretinsky : Unions happy
 

I was amazed to see
the Union Boss backing this take over.
He spoke on BBC1HD AM


[The sale of Royal Mail's parent company
to a Czech billionaire has been approved
by the government.
The £3.6bn takeover by Daniel Kretinsky's
EP Group has been given the go-ahead
after agreeing "legally binding"
undertakings.
The government will retain a so-called
"golden share" that will require it to approve
any major changes to Royal Mail's ownership,
HQ location and tax residency.
EP Group will also have to maintain the
one-price-goes-anywhere Universal Service
Obligation (USO),
which currently means it has to deliver
letters six days per week,
Monday to Saturday, and parcels
Monday to Friday.
The company has committed to maintaining
the USO for as long as it owns Royal Mail.
Earlier this year, Mr Kretinsky told the BBC
he would honour the service - in whatever
form it takes - "for as long as I am alive".
The USO is currently under review, with
Royal Mail suggesting to regulator
Ofcom that reducing second class deliveries
to every other weekday would save
up to £300m
a year and give the business
"a fighting chance".]

https://www.bbc.co.uk/news/articles/ckg93390808o

Life In The City

Great :umm2:

Foreign investors own most of London so it’s not surprising

We've *****d out just about everything now, haven't we?

Seriously, mods? I can't say "w h o r e d"?

Of course; it's called neoliberalism and it's Tory policy through and through... we kept (we, as a country that is) voting Tory so... yes... everything got sold... and the people with the money to buy weren't British. It's not exactly a surprise.

The real irony I suppose is just the party being called "Conservative" :joker:. What shall we do with all of our Great British organisations and services? Are they profitable? No? Then we shall sell them to the highest Global bidder, of course!

"But now nothing is British any more :( "

Big shock.

mods don't control what words are censored

The Royal Mail is not the Post Office in case anyone thinks it is

er excuse me

Vince Cable The Liberal Democrat Business Secretary in 2010 who
started the privatization process by pushing for legal changes to allow the
sale.

oh and Don’t be fooled by the crown on the logo and the word ‘Royal’ in the name. It’s just a company.

Royal Mail sold to Czech Tycoon Daniel Kretinsky : Unions happy
 

So the Royal Mail is owned by foreigners for the first time ever apparently

Well done Starmer ….

INCORRECT

its not the Post Office

Its Royal Mail which is a public delivery company with shares on the London Stock Exchange

2010 :skull: Are you joking? Do you think I'm talking about Royal Mail, specifically? Christ.

I just know you are talking rubbish and mainly leave it at that

Im just a typical centrist I guess...

You're certainly a typical something :joker:. I'd suggest you look up and understand what neoliberal economics are, who started the ball rolling, and why the principles of neoliberalism mean that if a foreign investor wants to buy Royal Mail (or London, or anything else) and has the funds to outbid other potential buyers... then it will be sold to that foreign investor. There is no way around this in free market neoliberalism.

We're in this bizarre situation where we now have a group of (confused, undereducated) people crowing and advocating for Tory free-market economics whilst at the same time getting upset that the people who had the most money for buying in that free market weren't from a pub in Farnborough.

In short;

If you want free reign right-wing free-market economics, ultimately everything in the country is going to be owned by investors from abroad. Mostly the Middle East and Asia.

It's that simple.

Who does..? I'm kind of scared to know the answer.

I set it. :tongue:

I probably added it to block the same word without the 'd', for some reason. I could change to allow the whole word.

I bet it was because certain banned members who can't be discussed were using the word in question very liberally in abusive PM's from their big big house? :skull:

@James can't we just change it so that most words are uncensored, but add an intro video that plays every time the site loads, that shouts PEGI 15!! Then it's the fault of the kids themselves if they continue to browse. I mean let's face it... a few naughty words is minimally harmful compared to some of the other content they're going to find in SD's...

I doubt it was because of PMs. Seems to have been added sometime ago, so I would guess it was related to posts about celebrities or housemates.

That would be a bit annoying.

I did actually come across those interstitial type ads on another site earlier, and thought that would annoy people on here.

Try and find an English person delivering parcels
They drive like they should be on donkeys

We lost this country without a war

People used to be really vile about HMs a few years ago, especially female HMs so I'd say it was something to do with that alright

My posties are English

Like many many others.

Maybe kerb your nonsense

See edit

it's not something i can get excited about. Royal mail has been in serious decline for at least a generation

Oh thank God. I thought Niamh was going to tell me it was blocked by the Matrix.