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Royal Mail owners agree to £5B takeover offer

17 pointsby luu11 months ago

4 comments

archerx11 months ago
“But the company&#x27;s performance in recent years has deteriorated, leading to heavy financial losses, with customers regularly not receiving letters, including important medical appointments and legal documents, on time.”<p>When does privatization not lead to this?
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mrcartmeneses11 months ago
This is so depressing. If it was publicly owned I’d love to see Royal Mail replicate Amazon Marketplace. The government could even legislate against first preference so Amazon cannot penalise sellers for offering goods for a lower price on alternative platforms. Reducing the 40-50% cut Amazon takes from each sale would go a way to reducing inflation and put money in the government coffers at the same time.
lifestyleguru11 months ago
post-Communist real estate money is buying your mail, Brits
DrNosferatu11 months ago
You thought you had it bad, you can look forward to some royal enshittification now!<p>PS: (pun intended)
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