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Royal Mail Strikes As Share Dividend Imminent

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FatticusInch | 01:00 Sat 27th Aug 2022 | News
38 Answers
Stumbled across this story on social media.

https://www.opendemocracy.net/en/uk-royal-mail-water-companies-private-investors-profit-wages-privatisation-utilities/?utm_source=TikTok&;utm_medium=page_link&utm_campaign=Royal_Mail_Strike

From the link.
/While Royal Mail workers plan to strike over a below-inflation pay offer, their bosses are preparing to pay out millions to a Czech billionaire who’s the biggest single importer of Russian gas into the European union.

Daniel Křetínský’s Luxembourg-based investment firm owns more than a fifth of Royal Mail shares, and will be the main beneficiary of a £133m dividend pay-out by the company on 6 September. Shareholders also got a £200m payout in January, as the company raked in an adjusted operating profit of £750m. Křetínský is the CEO of central Europe’s largest energy group, Energetický a průmyslový, and a significant media mogul in Czechia.

The notoriously secretive Swiss bank UBS, the second biggest shareholder, will also get millions. Royal Mail’s boss got a £140,000 bonus in June as part of a £753,000 pay offer./

Apparently when RM was privatised in 2011 by the Tory/LibDem government the Chancellor’s(George Osborne) brother in law made a fortune out of the sale.
With this sort of skullduggery going on I’ve a feeling there’ll be an awful lot more strikes over the coming months and winter.

Who was it said on here recently that the rich getting richer whilst the poor get poorer was just a myth?

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You need to desist with the insinuations that everyone is really TTT in disguise. It’s beginning to look like you think everyone but yourself on AB is a Tora doppelgänger which is tending toward the paranoid, to say the least.

As for your armed forces pension pot, best be careful:
https://www.pensionsage.com/pa/Armed-Forces-Pension-Scheme-liabilities-up25-bn.php

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Not worried about my Forces Pension.
As long as nobody is creaming massive profits off it as the general public fear for themselves and the winter ahead I can live with that, certainly nothing on my conscience as the country I served goes to the dogs whilst the elite get richer with impunity and aloofness as misery abounds.
maybe gulliver1 could offer you his spare room Fatti?
Twins separated at birth Dave
or the same person? I think we should be told.
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Oh Christ, Cpl Jones has been joined by the female equivalent of Pte Godfrey! PMSL
Ones thick, ones not , you choose Dave ;0)
Don’t tell ‘em your name, Fatti!
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Don’t worry ToraToraTora/Youngmafbog/Paigntonian/MissTerious/Davebro, I won’t! Lol
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Bobbisox1
//Ones thick, ones not , you choose Dave ;0)//

It’s one’s. At least attempt to be grammatically correct if you’re going to be dishing out accusations about being thick.
I’ve been looking for a Nick-name for you, Fatti. Private Pike will do very well indeed.
Haha ^^^^ love it Zac
Question Author
Zacs-Master
//I’ve been looking for a Nick-name for you, Fatti. Private Pike will do very well indeed.//

Ah, back to the military reference again?
That’s funny because in your other guise you normally refer to me as Rambo?
As you’re into finance and banking(just like your other persona) you could be Captain Mainwaring?
He was a banker when not leading the troops(poorly) of the Walmington-on-Sea Home Guard. PMSL.
I think that sovereignty means that we are ruled and legislated for by our own UK govt, not by foreigners. Of course, that doesn't mean that we won't be sold down the tiver by our own govt. At least the EU has a gang of governments all keeping an eye on each other, and tending to moderate possible extremism in any one of its members. Our sovereignty means that we are at the mercy of our own govt, and just suppose that fascists or commies were to win an election here. Some might be happy, but many would certainly not be.
//fascists or commies//

With agent Cob & McD it would have been one and the same thing.
It soon became apparent that foreign investors were the winners

it still give me pause for thought when I see London buses (opened to competition rather than sold off en bloc) with a map of Paris in their logo, because they're operated by RATP, who run the Paris Metro. Nothing wrong with it, I dare say, but a small sign of declining Britishness in Britain.
Wait a while & it will be a street map of Tirana!
'Ah, back to the military reference again?'
Well, it is very appropriate given that you're ex military, a bit spikey, and slow on the uptake.

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