Privatisation will be good for everyone
YOU may be interested to understand what the announcement by the Government on the privatisation of Royal Mail means for our customers, our business and our people.
Private ownership will enable Royal Mail to become more flexible and fleet of foot in the fiercely competitive markets in which we operate. We will also have long-term access to capital when we need it. The Government has made clear it doesn’t have the money to allocate to Royal Mail ahead of schools and hospitals.
We aim to combine the best of the public and private sectors. The six-day-a-week, one-price-goes-anywhere, affordable universal service will remain unchanged. It is protected by law – enshrined in the Postal Services Act 2011. Any change would have to be passed through an affirmative vote in both Houses of Parliament.
The Quality of Service regime that applies to Royal Mail under public ownership will continue to apply under private ownership.
Ofcom has already specified the minimum standards under regulation. Royal Mail will continue to offer good value for money. UK stamp prices are among the best value in the EU.
Our people are at the heart of Royal Mail. The current position is that all terms and conditions that apply now to Royal Mail employees would remain in place, on the same basis, were the company to be sold.
To provide further reassurance, we will create a legally-binding and enforceable contract with the CWU. Pay and protections could not be changed for the period of the contract without CWU agreement.
About 150,000 eligible UK employees will receive free shares, giving them a 10 per cent stake in the business. This is the largest free stake in any other major UK privatisation for almost 30 years.
Many previously Government-owned companies – like Rolls-Royce and British Airways – have flourished under private ownership. We believe privatisation will equip Royal Mail for similar success.
Royal Mail Delivery Director,
Tyneside Mail Centre,
Study of Gilley Law
I AM researching Gilley Law housing estate in Sunderland (pre-Lakeside Village) as part of my social media group studies.
Internet information is sketchy, so I would like to ask if anyone has any information they could share. Old photos of the estate as it was (without people preferably, unless you don’t mind others seeing you), the estate being built or any demolition pictures would be gratefully received.
If you can help, email me at email@example.com
Thanks for great day
SEAHAM held its first Armed Forces Day on June 29, which proved a huge success and was well attended.
I would like to take this opportunity to thank our local council for its support in the planning and assistance with funding for this event.
I would also like to thank the Ministry of Defence, Seaham Branch Royal British Legion, Combined Cadet Force, The Mill Inn public house for the supply and staffing of the beer tent, which went down well on such a warm day, and also The Marlborough public house for supporting this event in its infancy.
Thanks are also extended to Murton Colliery Band for the excellent music during the Drumhead Service and all the acts which entertained for free throughout the day. The whole event was centred around the war memorial, which has had restoration work carried out, including a new fence – which looks splendid. Many people have commented on how fine this local piece of history looks.
From myself and the wider community, I would like to thank all involved, in particular Paul Fletcher and his team.
Finally, the Remember Them Fund is looking for volunteers to help with charity events in the Seaham area. If anyone has some free time, please contact D McKenna on 0779698070 or M Dobson on 07891017799.