'Vulnerable' Royal Mail accepts £3.5bn foreign takeover: 'MAJOR concern'

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  • Опубликовано: 20 сен 2024
  • 'The reason Royal Mail is vulnerable to such a bid is because it's been grossly mismanaged by the current board.'
    General Secretary of the CWU Dave Ward says it's a 'major concern' that Royal Mail has backed a £3.5bn takeover by Czech billionaire Daniel Kretinsky.
    #royalmail #gbnews
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Комментарии • 191

  • @maryduffy2036
    @maryduffy2036 4 месяца назад +34

    The U.K is like a old car, being stripped for parts and what's left scrapped, country is finished for multiple failures

    • @homoerectus4923
      @homoerectus4923 4 месяца назад

      Sure definitely not its own people destroying it

  • @MrPeteypoo
    @MrPeteypoo 4 месяца назад +53

    This needs to be stopped, it needs to be British owned.

    • @homoerectus4923
      @homoerectus4923 4 месяца назад

      Yeah that would solve its issues mate

    • @petersmith2522
      @petersmith2522 4 месяца назад

      It happened ages ago i new about a year ago myself

  • @maryfountain4202
    @maryfountain4202 4 месяца назад +20

    Govt should be banning foreign takeover, it is a national security issue.

    • @woodngames
      @woodngames 4 месяца назад

      It is not a newspaper, it doesn't have the power to tell people the truth , so it is gone . Well done David Cameron for those that blame Brexit and well done the Tory party in general for getting rid of the what would be one of the bastions of Britishness.
      What a load of jeremy hunts .

  • @grahamcook9289
    @grahamcook9289 4 месяца назад +19

    Mate, Czechoslovakia no longer exists. Doh! Keep up. It's now Czechia and Slovakia.

    • @dobryden8558
      @dobryden8558 4 месяца назад +2

      Isn't Havel still the president?😂😂😂😂😂

  • @jennamclean8233
    @jennamclean8233 4 месяца назад +27

    Royal mail are finished

  • @brie7705
    @brie7705 4 месяца назад +38

    The Government should own it, if not only for security sake.

    • @adamk8961
      @adamk8961 4 месяца назад

      Government sold it long time ago

    • @footyball66
      @footyball66 4 месяца назад

      government doesn't want to own anything anymore.

  • @PeterCowell-s5f
    @PeterCowell-s5f 4 месяца назад +9

    If it is sold outside the UK then surely it cannot be called"ROYAL" anymore. What is happening to my country. Surely this is a security situation with all the data in the post?

  • @amritpalkullar2020
    @amritpalkullar2020 4 месяца назад +11

    If it is not going to be brought back under the government then they need to take Royal out of the name.

  • @michaelproctor5312
    @michaelproctor5312 4 месяца назад +7

    Less than four years ago myself and my colleagues worked through the COVID period for everyone in this country putting our families and ourselves at great risk and putting Royal Mail back into a sizeable profit and now this British Institution is in massive debt by complete mismanagement ,what about the fantastic workers,many been there for years, where will it leave them in six months , twelve months time ,low pay , zero hour contact's, no future, it's a complete disgrace however they dress it up .

  • @theodwyn4491
    @theodwyn4491 4 месяца назад +48

    Selling England by the pound…

    • @run2cat4run
      @run2cat4run 4 месяца назад

      Enjoying Brexit cheap imports

    • @petestobbs5844
      @petestobbs5844 4 месяца назад +4

      Good old Genesis!

    • @wildsurfer12
      @wildsurfer12 4 месяца назад +1

      @@run2cat4run So why can Czech people still buy our companies?

    • @run2cat4run
      @run2cat4run 4 месяца назад

      @@wildsurfer12 it’s capitalism

  • @brianlopez8855
    @brianlopez8855 4 месяца назад +8

    Czechoslovakia ? Errr that country ceased to exist decades ago.

  • @jasonstopps8517
    @jasonstopps8517 4 месяца назад +28

    Defend British Royal mail 🇬🇧👈

    • @homoerectus4923
      @homoerectus4923 4 месяца назад +1

      Yeah the british itself destroyed royal mail

  • @drandrewallan
    @drandrewallan 4 месяца назад +24

    Then they need to drop the Royal title, renationalising it

    • @ruthcollins2841
      @ruthcollins2841 4 месяца назад +4

      As British Airways should drop it's "British" title!

    • @T5Zplayer
      @T5Zplayer 4 месяца назад +2

      No way should my pension fund the trade unionfilth.

  • @robstewart8879
    @robstewart8879 2 месяца назад +1

    They will never get loyalty from the work force , offering Supermarket style contracts , demanding 7 day working at their choice , walking up to 60 miles a week .

  • @grahamcook9289
    @grahamcook9289 4 месяца назад +12

    The Royal Mail only stick junk advertising pamphlets through my door these days. So I really don't care.

    • @Peacefulnessxxx
      @Peacefulnessxxx 4 месяца назад

      If only I hate the letters they send.

    • @mda5003
      @mda5003 4 месяца назад +1

      All that helps to keep the posties going.

    • @RYZNBand
      @RYZNBand 4 месяца назад

      @@mda5003 my postbox doesn't exist for people to jam stuff through my door, I didn't ask for, or isn't important...just so they can justify their job.

  • @RMKL1900
    @RMKL1900 4 месяца назад +2

    Czechoslovakia doesn't exist for more than 30 years. Peak British journalism, sh!t show as always.

  • @kv1815
    @kv1815 14 дней назад

    Why on Earth Royal Mail is being sold to a foreigner? Madness....

  • @theworldsfullofsnowflakes7119
    @theworldsfullofsnowflakes7119 2 месяца назад +1

    It's profitable and the UK let's face it can do with the money. Yet until corrupt run boards that's got greedy shareholders are still part of it we will always be told it's not working.

  • @goldenegg1063
    @goldenegg1063 28 дней назад

    DO NOT USE ROYAL MAIL !!!!!!
    .
    THEY LOST ANOTHER PACKAGE !!!
    .
    I NEEDED THE MONEY TO SCRAPE TO THE END OF THE MONTH AND NOW ROYAL MAIL HAVE CAUSED ME ALOT OF STRESS AND WILL GO HUNGRY UNTIL IM.PAID THANKS TO ROYAL MAIL
    .
    SCREW YOU ROYAL MAIL !!!!!!!!!!! 🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬

  • @wallacewhybrow2705
    @wallacewhybrow2705 4 месяца назад +4

    Privately owned by a foreigner? Then it's no longer "ROYAL MAIL" is it? Can we flog off Charlie while we're at it?

  • @Philcopson
    @Philcopson 4 месяца назад +6

    "Your Czech is in the post."

  • @mycatspethooman5590
    @mycatspethooman5590 4 месяца назад +4

    We should be used to seeing our critical infrastructure sold off to foreign investors

  • @petestobbs5844
    @petestobbs5844 4 месяца назад +3

    Royal Mail is a public service that was once managed under a government department. In 2011, the Government passed the Postal Services Act, which gave the green light for 90 per cent of Royal Mail to be privatised, while 10 per cent remained with Royal Mail employees.
    It is now a public limited company, meaning it is owned by shareholders.

  • @MilitaryHistoryWithWill71
    @MilitaryHistoryWithWill71 4 месяца назад +2

    Not only the Royal Mail could fall into another county's pocket, but most of the UK is no longer British. The British Empire is in the past.

  • @Tams729
    @Tams729 4 месяца назад +12

    I used to work for Royal Mail in a management role. I took redundancy several years ago as I was not willing to accept a paycut. The company was been asset stripped and had long been very inefficient.

  • @ondrejmixa5648
    @ondrejmixa5648 21 день назад

    If you want to pay it from your taxes, you are more than welcome...

  • @Richard-ph5ko
    @Richard-ph5ko 3 месяца назад

    Frankly I couldn't care less. Dave Ward and his CWU cronies weren't bothered about the plight of Liverpool workers at the Bootle Santander site in 2022. Many of us made redundant when Santander shut Bootle. Sent jobs to Milton Keynes, Sunderland, Dagenham and India. Dave Ward couldn't be bothered to come up to Bootle and fight for our jobs. He's only bothered about his P.R. as regards getting on T.V. and Royal Mail picket lines. The smaller companies have never mattered to the CWU. Yet they took our subs every month. Absolutely useless union.

  • @rjw4762
    @rjw4762 4 месяца назад +17

    21st Century Britain - EVERYHTING is for Sale. TRULY, TRULY SICK OF THIS. Is the Czech Postal Service owned by Jim Ratcliffe ? Would the Czech Govt permit this ?

    • @charlierob4377
      @charlierob4377 4 месяца назад

      What are you going to do about it, wait just moan…….

  • @cestrian5294
    @cestrian5294 4 месяца назад +3

    That should pay the Lawyers bills.

  • @Enl1thened1
    @Enl1thened1 4 месяца назад +3

    A race to the bottom! Fact is it's becoming increasingly impossible to compete in a free market, unless free means exactly that, that's where we are heading

  • @theworldsfullofsnowflakes7119
    @theworldsfullofsnowflakes7119 2 месяца назад

    Royal mail have for the past week paid no overtime and failed 1st 2nd class hospital appointments and anything really that means upper management get bonuses for it.

  • @angelaharris6577
    @angelaharris6577 4 месяца назад +4

    Should lose the "roayal" warrent then and just be called the post office.
    They are crap anyway...haven't used them for years until today when I had to renew car license...£21.

    • @aj72922
      @aj72922 4 месяца назад +5

      Royal Mail and Post Office are 2 seperate companies,do your homework

    • @angelaharris6577
      @angelaharris6577 4 месяца назад

      @@aj72922
      I do know that!

  • @petersalmon2695
    @petersalmon2695 2 месяца назад

    And that will happen the sackings etc in less than six months, The billionaire said no compulsory redundancies UNTILL 2025 so there it is.

  • @palerider955
    @palerider955 4 месяца назад +2

    Royal Mail is already privately owned.

    • @mda5003
      @mda5003 4 месяца назад

      Royal Mail is now IDS (International Distributions Services).

  • @Philcopson
    @Philcopson 4 месяца назад +2

    "He lives in Czechoslovakia... I don't know where he lives...He lives in Prague." What the hell are these dummies babbling on about? "Czechoslovakia" ceased to exist fully TWENTY-ONE YEARS AGO - didn't they notice? It is now Czechia and Slovakia. And Prague is still in the same spot.

  • @irvingpaul4939
    @irvingpaul4939 4 месяца назад +8

    Bloody hell more British Assets sell to the Foreigners 😂😂😂😂😎👊🏽

  • @muckle8
    @muckle8 4 месяца назад +1

    Can’t believe the UK government are allowing this - shouldn’t even be on offer to private companies let alone foreign firms. - madness

    • @muckle8
      @muckle8 4 месяца назад

      A foreign “ investor “ in other words another money laundering programme from probably dubious sources.

  • @sonofednawelthorpe8609
    @sonofednawelthorpe8609 4 месяца назад +13

    Can’t the government block this?

    • @rjw4762
      @rjw4762 4 месяца назад

      They are LIBERALS - so they won't.

    • @irvingpaul4939
      @irvingpaul4939 4 месяца назад +1

      The Conservative Government don't believe in interfering in Market forces and promote Privatisation 😂😂😂😂😂😎👊🏽

    • @run2cat4run
      @run2cat4run 4 месяца назад

      Lol isn’t that being woke?

    • @wildsurfer12
      @wildsurfer12 4 месяца назад

      @@irvingpaul4939 Neither did New Labour. Why do you think they let Heinz buy HP Sauce?

    • @mda5003
      @mda5003 4 месяца назад

      @@wildsurfer12 Heinz - Just Like Eddie. Only us oldies will know that......

  • @philippevie3258
    @philippevie3258 4 месяца назад +3

    😂😂😂 joke of a country joke of a company joke of a union

  • @juztnlast953
    @juztnlast953 3 месяца назад +1

    It is important to wonder what does a Czech billionaire want with Royal Mail? It certainly isn't going to make him richer, Royal Mail is a troubled firm.

  • @BinnyBongBaron_AoE
    @BinnyBongBaron_AoE 4 месяца назад +5

    I'd rather the government run it than some billionaire from Prague

    • @T5Zplayer
      @T5Zplayer 4 месяца назад

      No way should my taxes bail them out

    • @BinnyBongBaron_AoE
      @BinnyBongBaron_AoE 4 месяца назад

      @@T5Zplayer I still think it's redeemable. I'm not a fan of bailing out businesses, but this institution has been a part of our society for half a millennia.
      Besides, like I say, it's hardly bailing it out if the government straight up buys it.
      Then again, maybe you think critical infrastructure going into the hands of questionable foreign powers to be reasonable, but I can't get behind that.

  • @DazTech.
    @DazTech. 3 месяца назад

    Dave ward you should step down after the last member backstabbing tactic..
    Let someome else take your seat then your members will be back
    And its not called royal mall its royal mail

  • @vamadevanpradeepkumar7454
    @vamadevanpradeepkumar7454 4 месяца назад +1

    Never trust Dave Ward

  • @80psu
    @80psu 18 дней назад

    For *"'-t sake, Daniel lives in Prague / Austro-Hungarian Empire.

  • @elkpaz560
    @elkpaz560 4 месяца назад +2

    It should never have been sold - Osborne following Thatcher.

    • @mda5003
      @mda5003 4 месяца назад

      It was all Vince Cable's fault.

    • @elkpaz560
      @elkpaz560 4 месяца назад

      @@mda5003 In the Lib-Con government?

    • @michaelclarkson1213
      @michaelclarkson1213 4 месяца назад

      Margaret Thatcher refused to privatise Royal Mail when she was PM.

  • @J-Me86-UK
    @J-Me86-UK 4 месяца назад +10

    Government should block this.

    • @lindacollett5784
      @lindacollett5784 4 месяца назад +1

      They will not do this they are complicit in the downfall of the U.K.

    • @charlierob4377
      @charlierob4377 4 месяца назад

      Why so you can feel better about yourself?

    • @kevone-eo6pq
      @kevone-eo6pq 3 месяца назад

      @@charlierob4377 wtf are you talking about?

    • @charlierob4377
      @charlierob4377 3 месяца назад

      @@kevone-eo6pq people of Britain get what they deserve, voted to be poorer now they complain. Voted to sell off British companies to make pensioner wealthier in other countries.

    • @charlierob4377
      @charlierob4377 3 месяца назад

      @@kevone-eo6pq why should the government stop this sale…. If Jamie has such an issue why does he not buy it?

  • @catch22again
    @catch22again 3 месяца назад +1

    Why the hell don't the public get a say in this ?

  • @CrazyWabbit
    @CrazyWabbit 4 месяца назад +6

    The only mail i get from royal mail is junk mail and when i used them to get parcels delivered i never got my items when they were supposed to arrive and at times they never arrived at all.
    There are better options available and because we have an option to get letters and such sent by email which we can then print at home if needed then the postal service just isnt needed as much as they think.
    The service from royal mail has been atrocious for years and considering the other foreign influences happening around the UK, this really isnt a surprise.
    Daniel Kretinsky may be beneficial for royal mail but i do agree with others that the `royal` part of the name should be removed.

    • @boota1979
      @boota1979 4 месяца назад

      @CrazyWabbit The largest transfer of wealth in history from the people of this country has taken place during the last 14 years. Look into what has happened to our country, if you have the mind to delve into it, it is nothing short of criminal.

    • @Mwatson-tc1yt
      @Mwatson-tc1yt 4 месяца назад +1

      Service run down the the board not the postal worker.

  • @terryomara9403
    @terryomara9403 4 месяца назад +6

    Theft is bad on all deliverys parcels my corcern is its really bad it will get worse for the country its sad because twenty thirty forty years ago royal mail was highly regarded i am afraid management and unions in same part are to blame both sides its sad

  • @dannyblackwell2426
    @dannyblackwell2426 4 месяца назад +1

    Cant call it Royal if its not British no more

  • @OllyO-gt8pg
    @OllyO-gt8pg 4 месяца назад

    the union or RM hasnt involved any of it members in any decisions

  • @jsiddiq72
    @jsiddiq72 3 месяца назад +1

    Dave Ward talking to a racist news channel....
    Well done Dave

  • @petersalmon2695
    @petersalmon2695 2 месяца назад

    Someone asked what does a foreign billionaire want with our Royal mail? answer = to automise it further and have us drive to a locker to collect our post ,so rids it of postal workers/wages and makes the billionaire a multi billionaire , It could only work if you lived in a overcrowded ghetto like London 😂

  • @grahamcook9289
    @grahamcook9289 4 месяца назад +7

    Who cares, it's 3.5. billion. Let him have it.

  • @michaelstevens3479
    @michaelstevens3479 3 месяца назад

    Go on a prolonged strike knowing it will damage the share price, this lowers the sale price not a good move was it?

  • @easytoassemble54321
    @easytoassemble54321 4 месяца назад +4

    Weird to watch those to the Right of politics, finally start admitting that the Left were correct about nationalising key utilities. Why? Because once those assets are sold off for short term gain, it's very difficult for us to buy it all back. And whatever money that business makes, goes out of the country. We are increasingly bankrolling European and US companies, strengthening their economies, and weakening ours.

  • @monicas2269
    @monicas2269 3 месяца назад +1

    Does the UK own anything these days?

  • @Notoths
    @Notoths 4 месяца назад +1

    I knew it was finished when i learned who was runnning it.

  • @MilitaryHistoryWithWill71
    @MilitaryHistoryWithWill71 4 месяца назад

    So, whos going to pay the Post Office Scandal payouts? Or will the takeover cancel out the compensation to Postmasters?

  • @ElizabethHurtado-py8ur
    @ElizabethHurtado-py8ur 3 дня назад

    No

  • @DougGrinbergs
    @DougGrinbergs 3 месяца назад

    3:30 Royal Mail, if not nationalised, maybe a nonprofit or public benefit corporation? Psst, also pay attention to Canada Post situation

  • @DrawnInk1
    @DrawnInk1 4 месяца назад

    Also part owner of West Ham. This board shouldn’t have the right to sell it under current circumstances.

  • @slottyken
    @slottyken 4 месяца назад

    Is he going to be putting all the postmasters in prison on false charges?

  • @kitcat4512
    @kitcat4512 4 месяца назад +4

    By global design?

    • @stequality
      @stequality 4 месяца назад +1

      Yes

    • @Leonidas04052
      @Leonidas04052 3 месяца назад

      Yes keep blaming everyone except your inept and corrupt politicians, that won't surely backfire like it has until now.

  • @neilclarke6419
    @neilclarke6419 4 месяца назад +1

    Just close the thing it’s not worked since the whole sinister post master scandal. That or nationalise it the only two options

  • @ronlarratt9642
    @ronlarratt9642 4 месяца назад +1

    Please let him take over we might get mail regular

  • @silondon9010
    @silondon9010 4 месяца назад +1

    The race 🏎 to the bottom has begun 😢

  • @Alan-Bstard
    @Alan-Bstard 4 месяца назад +1

    If this happens just watch profits soar as prices go up whilst service goes down and zero hour contracts come into force for postal workers, why does the government do this to everything? Is much prefer profits to flow back into the government coffers rather than buy some billionaire a new yacht ffs

  • @DJF1947
    @DJF1947 3 месяца назад

    This is amusing. Wasn't a former Postmaster General a Czech spy?

  • @terrymoore861
    @terrymoore861 4 месяца назад +1

    More postage price rises.

  • @Rob-zv1oz
    @Rob-zv1oz 4 месяца назад +1

    Did this video break GDPR by showing all those addresses on the conveyor?!

  • @Mangomesh
    @Mangomesh 4 месяца назад

    This is bad, we are doomed.

  • @Bluepilchard
    @Bluepilchard 4 месяца назад

    Could be a Cadbury thing now made in Poland when Kraft the American people bought it saying they weren't going to close the British factory

  • @drd6416
    @drd6416 4 месяца назад +1

    Another British company sold off. Problem is they might do a better job of delivering my letters

    • @davidmcgarvey4750
      @davidmcgarvey4750 4 месяца назад +1

      Not the posties fault you don’t get your letters.

    • @footyball66
      @footyball66 4 месяца назад

      who gets letters anymore. I get 2 a month.... All you need is the odd bill. Bank Statements digital. What else do people need? Most stuff that is delivered is junk that goes in the bin..... if everyone just cancelled their junk mail subscriptions mail volumes would drop 50%+

  • @dougquaid
    @dougquaid 4 месяца назад +7

    Nobody uses Royal Mail anymore, they’re crap.

    • @palerider955
      @palerider955 4 месяца назад +9

      Not true.

    • @MDM1992
      @MDM1992 4 месяца назад

      I did.. won't be anymore.

    • @Genehunt7
      @Genehunt7 4 месяца назад +1

      I used to work for Royal Mail, it’s not the workforce who are at fault, it’s all down to the Royal Mail Board….

    • @footyball66
      @footyball66 4 месяца назад +1

      There's no other company that delivers letters..... who's delivering your mail? Superman?

  • @billweeks9606
    @billweeks9606 4 месяца назад

    Equity or "investment group" ownership has never benefited the company only the board members and top-tier management. There is a lot of money to be made by robbing all cash, selling off assets, then shutting it down. Only in this case the British taxpayer would have to bail it out and take it over again.

  • @footyball66
    @footyball66 4 месяца назад +1

    hi

  • @davidhartley5558
    @davidhartley5558 4 месяца назад

    Royal mail says their is drop in letters volumes meaning a drop in profits the men at the top at royal mail as ruined this company with stupid decisions

  • @terrymoore861
    @terrymoore861 4 месяца назад +2

    To get out of paying postal workers pensions and to delay compensation for the post office computer scam.

    • @StephenCockin
      @StephenCockin 4 месяца назад +2

      That's separate from the Royal mail.

  • @tomsurrey2252
    @tomsurrey2252 4 месяца назад +2

    Plenty of cheap / foreign workers', here now, hahaha!! Can we still have postman Pat or, any other suggestions??? Haha!

  • @SK-hv3zn
    @SK-hv3zn 4 месяца назад

    what is the concern? Selling Royal Mail or a Czech buyer?

  • @peterteagleteagle9958
    @peterteagleteagle9958 4 месяца назад +1

    Manifesto,s don,t mean nothing

    • @stequality
      @stequality 4 месяца назад +1

      Just realised ?

  • @jimmy3651
    @jimmy3651 4 месяца назад

    The end of royal snail 🎉

  • @leetaylor5350
    @leetaylor5350 4 месяца назад +3

    What goes around comes around

  • @geoffcropper1410
    @geoffcropper1410 4 месяца назад

    Is there any British owned companies left?

    • @SK-hv3zn
      @SK-hv3zn 4 месяца назад +1

      NO! Everthing is for sale...

  • @petestobbs5844
    @petestobbs5844 4 месяца назад

    Yeah, but will it affect the Jews?

  • @run2cat4run
    @run2cat4run 4 месяца назад +3

    Yay for capitalism

  • @WilliamjameswestWEST
    @WilliamjameswestWEST 4 месяца назад

    😮😮😮😮😮😮😮😮😮😮😮😮😮

  • @rgsnr8702
    @rgsnr8702 4 месяца назад

    1ST CLASS POST IS A JOKE ,IT IS WELL KNOWN THAT POSTIES HOLD ON TO MAIL TO AVOID DELIVERING TO AN ADDRESS MORE THAN 3 DAYS A WEEK

    • @Genehunt7
      @Genehunt7 4 месяца назад

      Really how do you know?

    • @rgsnr8702
      @rgsnr8702 4 месяца назад

      @@Genehunt7 maybe if you log deliveries ,check when 1st class was posted and when you received it ,when you get no post for days then get 5 or 6 check the post dates ,then you will wake up

    • @Genehunt7
      @Genehunt7 4 месяца назад

      @@rgsnr8702 it’s not down to postmen/women that’s down to Royal Mail management, they are told what to deliver and when…maybe it’s you who needs to wake up….i suppose your thinking how do I know, well I’ll tell you I used to work for Royal Mail up until last year

    • @AmusedHikingWaterfall-ne1hq
      @AmusedHikingWaterfall-ne1hq 3 месяца назад

      @@rgsnr8702I’m a post man in Scotland. It’s not posties doing this, Royal Mail mail centres will hold some mail for a whole week before it’s released it’s ridiculous. We get told if there’s one letter, wait until it piles up to 5/10 letters before we deliver to save costs. I myself always take it even if it’s just one, so I know they get it when they should. Who knows could be hospital letters or letters about serious issues. So at least it can’t come back to me.

    • @Genehunt7
      @Genehunt7 3 месяца назад

      @@rgsnr8702 wake up….yeah you know it all…🤣