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giteam OP t1_ixc45t9 wrote

The Royal Mail is the national postal service for the UK. After a year in which parcel and letter deliveries were disrupted by the pandemic, is the Royal Mail back to its best? Well, judging by the planned strikes over pay during the Black Friday and Christmas season, perhaps best just isn’t enough.
Source:
Royal Mail
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ASK_IF_IM_PENGUIN t1_ixc78jl wrote

The issue for Royal Mail was privatisation.

For nearly half a millennia it was a public service. It was hamstrung by putting requirements on it which weren't necessary for competitors, and when, unsurprisingly, it struggled to compete it was sold off. It's since continued to struggle. It's shares still trade below the "low" price they were issued at.

Now, just like with Hermes, they're trying to rebrand and distance themselves away from the name.

500 years of history almost gone through short termism and mismanagement.

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