Socialist Worker

TNT delivers twice weakly

Issue No. 2353

TNT is trialling a delivery service in west London. It delivers twice a week instead of once a day. 

If workers don’t have time to finish their routes, letters will remain undelivered until the next round. So it could take more than a week for a letter to arrive.

Private equity's cut price offer

The government hopes to “float” Royal Mail on the stock exchange to sell shares. 

But it is also lining up private equity firms that could buy it outright as a Plan B—cut price.

It is said to be looking for “anyone and everyone who could do a £2 billion deal”.

They could then slash costs and re-sell the service at a profit.

Strike at Crown post offices

Thousands of workers struck at 373 Crown post offices on Tuesday of last week.

They are fighting plans to close 76 of them with the loss of 800 jobs.

The strike caused serious disruption, despite bosses bringing hundreds of managers to break it. 

Some were unable to carry out basic tasks such as selling lottery tickets and foreign currency.

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