I still send stuff by Royal Mail, but note that the latest improvement opportunities comprise de-rating both of the primary services.
The second-class service will shift to alternate days, and the delivery targets for first class are being reduced.
As it is now set to be acquired by Czech billionaire Daniel Křetínský for a mere £5.3bn, perhaps they should also consider dropping the word 'Royal'?
So much for Ofcom protecting the public? As it says, “(The) world has changed...with people in the UK...sending a third of the letters we were 20 years ago. " (ie 20bn letters ->7.6bn) "We need to reform the postal service to protect its future and ensure it delivers for the whole of the UK,”
Another example of selling Britain by the pound. Like these few examples.
- P&O: In 2006, the historic British shipping and logistics company P&O was acquired by Dubai Ports World, ending over a century of British ownership.
- The Body Shop: In 2006, French cosmetics giant L’Oréal purchased The Body Shop, a British ethical beauty retailer.
- Pilkington: 2006, Pilkington was acquired by Japan’s Nippon Sheet Glass in 2006.
- O2: 2005, Spanish telecommunications company Telefónica acquired O2, a major UK mobile network operator.
- Harrods: 2010, Qatar Holding, the investment arm of Qatar’s sovereign wealth fund, purchased the luxury department store Harrods.
- Cadbury: 2010 The iconic British confectionery company Cadbury was taken over by American firm Kraft Foods (now Mondelēz International) in 2010.
- Jaguar Land Rover: 2008, India’s Tata Motors acquired the British automotive brands Jaguar and Land Rover.
- British Steel: 2020 After facing financial difficulties, British Steel was acquired by China’s Jingye Group in 2020.
- Royal Mail: This one, in 2024, the UK government approved the acquisition of Royal Mail’s parent company, International Distribution Services, by Czech billionaire Daniel Kretinsky’s EP Group, marking the first time in its 500-year history that Royal Mail came under foreign ownership.
- Thameslink, Southern and Great Northern (TSGN): Operated by Govia Thameslink Railway, a joint venture between the UK’s Go-Ahead Group and France’s Keolis, which is majority-owned by the French state railway company SNCF.
- Greater Anglia: Like many UK buses, operated by Abellio, a subsidiary of Nederlandse Spoorwegen, the Dutch state railway company.
- Arriva UK Trains: A subsidiary of Deutsche Bahn, the German state railway company, operating services such as Chiltern Railways, CrossCountry, and Northern.
- c2c: Operated by Trenitalia, the Italian state railway company.
- DHL: owned by Deutsch Post AG - the German Post service.
- (etc.)
No wonder we need another LHR runway so the foreign execs can commute. Rachel, I'm reminded of the old consulting credo that 'Everything works in PowerPoint'.
"Can you tell me where my country lies?"Said the uni faun to his true love's eyes"It lies with me!" cried the Queen of MaybeFor her merchandise, he traded in his prize"
- Dancing with the Moonlit Knight - Genesis.