Royal Mail, a 500-year-old national service, is set to be sold for £3.5 billion in a Czech takeover. Concerns arise over missed critical appointments, late deliveries, and undervalued assets since its privatization 10 years ago. Calls for fundamental reform to address inefficiencies and prioritize national interest have been raised.
🇬🇧 Greetings card retailers demand reforms after Royal Mail takeover https://t.co/MXgzT7Pc5X
Royal Mail’s foreign sale could put a 500-year-old national service in jeopardy | Phillip Inman https://t.co/NhBmkAIftX
Royal Mail’s foreign sale would put a 500-year-old national service in jeopardy https://t.co/XgDK7N5Brz
Royal Mail's 500-year journey from Henry VIII's court to private ownership https://t.co/F6RcgyZGrI https://t.co/Zyd7HBDlPg
"The rational approach to the Royal Mail is to see it as a national asset, critical to the proper functioning of communications, so, not just a profit-making concern," writes Melanie McDonagh Read more: https://t.co/HRRQqsWuoF https://t.co/ASX4lwbMtn
TIL that Royal Mail is privately owned. This seems like an incredibly bad idea. https://t.co/doNevMEmFU
What went wrong for Royal Mail? How cuts to delivery days, second-class post and closed collection offices has left Britain missing critical hospital appointments, without birthday cards and Christmas gifts - as £3.57bn Czech takeover confirmed https://t.co/YFSJjzoYl0 https://t.co/HD9rFboVnu
Royal Mail set to be sold for £3.5 billion with name at risk of changing in just five years #royalmail https://t.co/C5muHoLujv
10 years after the Govt sold off @RoyalMail (losing us £750 million in 1 day when shares were undervalued) it has been run into the ground. In #Brighton 48% of letters arrive late, assets are neglected and posties undervalued. #privatisationfail #weownit https://t.co/NBvDNTVqdN
✍️ 'Without fundamental reform, it is difficult to see how the current inefficient nationalised system can meaningfully improve' | Telegraph View Read more👇 https://t.co/ukJ1T13Lpc https://t.co/dE8K3L3dV0