Having worked with Royal Mail I think only a fool would invest. Their list of problems are myriad, ranging from complete hostility between the management and workforce, ageing technology, a lack of strategy and a huge pension fund black hole.
But on the upside, they're a profitable (I think I read somewhere) monopoly (or near to) and will be able to increase all their prices.
I don't really understand the reasons they're giving for selling it. I do, of course, understand the real reason they're selling it to their spiv mates.
But on the upside, they're a profitable (I think I read somewhere) monopoly (or near to) and will be able to increase all their prices.
I don't really understand the reasons they're giving for selling it. I do, of course, understand the real reason they're selling it to their spiv mates.