CWU RESPONSE TO BREAKING NEWS OF POTENTIAL ROYAL MAIL TAKEOVER The breaking news of an impending takeover bid for Royal Mail Group (IDS) by Daniel Kretinsky is another significant moment. The truth is handing over the ownership of one of the UK’s most prestigious institutions to a foreign equity investor cannot be right. But neither is the current model or direction of the company. The truth is Royal Mail needs a new ownership and governance model that builds a postal service for the workers and customers and not one built solely focused on shareholder payouts and driving down the service and the terms and conditions of the workers. The CWU will be campaigning publicly and politically to deliver this change of direction. Dave Ward General Secretary Martin Walsh Deputy General Secretary (Postal)
@CWUnews Very odd for a union not to demand it be re-nationalised and to campaign for that.
@CWUnews Uk postie and community Co-Operative - buy out seems like a better option? @CooperativeBank @CoopParty @coop_finance @coopuk @CoopFutures @CooperationWks @CooperationTown @CooperativesUK
@CWUnews @Angry_Postman Isn’t this the bloke who gave Thompson free reign?
@CWUnews Take a look at how selling large UK entities to foreign investors investors worked for the water industry before even contemplating this move
@CWUnews It needs bringing back to public ownership! It's a vital service and I'm so angry that this government still pushes private will operate our services better. It doesn't and won't. What model are you advocating for?
@CWUnews Maybe a mass trip to London will fix it?
@CWUnews P & O on steroids ? some on here posting for strike action , talk about play into hands , on the bright side i don't have an answer 🤯
@CWUnews Totally agree!! Can’t have someone coming in purely for profit. No interest in RM other than profit!
@CWUnews @helenmallam Everything in UK is owned by foreign entity - or held in offshore accounts... we own nothing!