Socialist Worker

Royal Mail profits up

Issue No. 2182

Startling profit figures released by Royal Mail last week give the lie to bosses’ claims that the company must ram through cuts or die.

Profits leapt by more than £7 million in the first six months of the financial year, despite a fall in the amount of mail being handled.

This proves the point that many union reps have been making for months – mass job losses mean staff are working harder than ever, but for no extra money.

This trend is set to accelerate in the new year as Royal Mail bosses introduce new technology and demand still more redundancies.

The leadership of the CWU union decided to suspend national strike action last month. But with the pressure of Christmas receding, it seems that bosses are ready to resume their offensive.

Vehicle shortage in Northampton

Royal Mail bosses in Northampton are failing to organise post collections because of a shortage of vehicles.

Collection drivers normally rely on delivery drivers returning their vehicles to be used for the rest of the day.

However, due to the increasing volume of Christmas mail, our delivery drivers are not returning to base until mid-afternoon.

In my opinion, this is another example of Royal Mail cost cutting.

Mark Batterham, branch chair, Northamptonshire CWU

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Article information

Tue 15 Dec 2009, 17:35 GMT
Issue No. 2182
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