Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: https://secure.socialistparty.org.uk/issue/582/7390

From The Socialist newspaper, 5 June 2009

Royal Mail sell-off: time for action!

Communication Workers Union lobby of parliament over the privatisation of Royal Mail Feb 09, photo Paul Mattsson

Communication Workers Union lobby of parliament over the privatisation of Royal Mail Feb 09, photo Paul Mattsson

The Postal Services Bill has its first reading in the House of Commons on 9 June and the privateer sharks are circling. The latest to join the pack are CVC Partners, a private equity group. These privateers will spell disaster for the postal services and postal workers.

A Bristol postal worker

150 Labour MPs have signed a motion opposing the sell-off. This means Gordon Brown has to rely on the support of the Conservatives to get the bill through.

Peter Mandelson, the business secretary pushing for the sale of a 30% stake in Royal Mail, claims the sell-off will shake up the management and bring in fresh investment. But what's fresh about the stench of private equity outfits like CVC?

These firms are usually known for the management of asset-stripping in the pursuit of fast profit. What kind of postal service will be left for the public? Certainly not the present daily universal service to every home and business in the land.

Regardless of what Brown, Mandelson and the like claim, the reality is that Royal Mail is a profitable service. Despite the recession, Royal Mail has reported a yearly profit of 321 million. Their overall revenue is up 9.6 billion and all four core Royal Mail businesses show a profit for the first time in two decades.

During the same period the privately owned mail companies being courted by Mandelson all recorded losses. TNT saw its profits fall by 57% and Deutsche Post saw an annual loss of just under two billion euros.

The postal workers' pension deficit, being used by Mandelson as one of the reasons for the sell-off, is only in deficit as a result of decisions of the previous Tory government and the present Labour government.

It is they who took Royal Mail on a pension holiday, when for 13 years no money was paid into the pension fund.

Of course the postal workers who have to suffer the consequences carried on paying into it. Also, despite all the profit made from making postal workers work ever harder and longer, 181,000 are rewarded with a pay freeze.

It is now time for the CWU, the postal workers' union to tell Labour enough is enough. It's high time for CWU leader, Billy Hayes to replace his rhetoric with action.

CWU members are already under siege with the prospect of thousands of job losses, casualisation of full time work and worsening conditions. Now is the time for a ballot for strike action to fight the sell-off and a ballot on severing the union's political fund from the Labour Party.

  • Postal workers in London have voted by 9:1 to strike over cuts to jobs and services. Dates for action have not yet been announced.
  • Why not click here to join the Socialist Party, or click here to donate to the Socialist Party.


    In The Socialist 5 June 2009:

    Action to defend union rights

    Visteon pensioners battle on

    Vauxhall jobs threat - unions must organise a fightback


    Workplace news and analysis

    Royal Mail sell-off - Time for action!

    Fast news

    Tube workers vote to strike

    Bristol refuse workers strike

    Battling against the blacklist

    Glasgow care workers' success


    Socialist Party election campaign

    Prepare now for next election challenge

    European elections: Putting forward a workers' alternative

    A Question Time carve up

    Challenge these disgraced MPs

    A Parliament of celebrities and a speaker of integrity


    Youth

    Aston University socialists fight for student democracy

    Sussex University: Save Linguistics campaign

    Socialist youth conference and protest

    Youth Fight for Jobs: Fortnight of action 27 June to 10 July


    Socialist Party feature

    NATO anniversary: 60 years of aggression and terror


    Socialist Party review

    The Frock-Coated Communist: the revolutionary life of Friedrich Engels


    Marxist analysis: history

    Tiananmen Square 1989: Counter-revolution crushes China's democracy movement


     

    Home   |   The Socialist 5 June 2009   |   Join the Socialist Party

    Subscribe   |   Donate  




    Related links:

    Royal Mail:

    triangleVote yes to Royal Mail strike action to take on the bullying bosses

    triangleRoyal Mail dispute: Workers determined to fight bosses' injustices

    triangleCWU reps determined to stop bosses' attacks

    triangleStrike back to stop bullying Royal Mail bosses

    trianglePostal union ballots 100,000 workers for strike action

    Postal workers:

    triangleHamilton posties walk out against bullying

    triangleVictory for postal workers against management victimisation

    triangleSwansea postal workers strike to defend colleague

    triangleRoyal Mail bosses block strike - back postal workers

    Labour:

    triangleLabour and the fight for a shorter working week

    triangleCorbyn promises 'power in the hands of workers' - how can Labour do it?

    triangleBrexit theatrics continue

    CWU:

    triangleSocialism 2019: why I'm going... and why you should too!

    triangleCentral task is to force general election and elect Corbyn-led Labour government on socialist policies

    Reports and campaigns

    Reports and campaigns

    15/10/19

    Derbyshire

    Flooring workers strike, Derbyshire

    9/10/19

    Caerphilly

    Attacks on Caerphilly waste management workers

    9/10/19

    PCS

    BEIS: Outsourced caterers' indefinite strike victory

    9/10/19

    York

    York freshers success

    9/10/19

    Leeds

    'The little people can win' - Leeds tenants push back demolition

    9/10/19

    Health

    Huge opposition to Barry rehab ward closure

    9/10/19

    Waltham Forest

    Waltham Forest: mobilisation needed to defend abortion rights

    9/10/19

    Socialism

    Socialism 2019: why I'm going... and why you should too!

    9/10/19

    Socialist Party

    Best way to fight back? Join the Socialist Party

    9/10/19

    Socialism

    Socialism: The alternative to capitalist austerity, low pay and crisis

    9/10/19

    Unison

    Unison's retired members reflect growing anger

    9/10/19

    RMT

    Vote for socialist fighter Jared Wood in RMT elections

    9/10/19

    Equity

    Equity manifesto lays out anti-austerity model for arts

    9/10/19

    Birmingham

    Birmingham HS2 protest against bosses' attacks on trade union organisation

    9/10/19

    Royal Mail

    Vote yes to Royal Mail strike action to take on the bullying bosses

    triangleMore Reports and campaigns articles...


    Join the Socialist Party
    Subscribe to Socialist Party publications
    Donate to the Socialist Party
    Socialist Party Facebook page
    Socialist Party on Twitter
    Visit us on Youtube

    LATEST POSTS

    CONTACT US

    Phone our national office on 020 8988 8777

    Email: info@socialistparty.org.uk

    Locate your nearest Socialist Party branch Text your name and postcode to 07761 818 206

    Regional Socialist Party organisers:

    Eastern: 0798 202 1969

    East Mids: 0773 797 8057

    London: 020 8988 8786

    North East: 0784 114 4890

    North West 07954 376 096

    South East: 020 8988 8777

    South West: 07759 796 478

    Southern: 07833 681910

    Wales: 07935 391 947

    West Mids: 02476 555 620

    Yorkshire: 0114 264 6551

    ABOUT US

    ARCHIVE

    Alphabetical listing


    October 2019

    September 2019

    August 2019

    July 2019

    June 2019

    May 2019

    April 2019

    March 2019

    February 2019

    January 2019

    2018

    2017

    2016

    2015

    2014

    2013

    2012

    2011

    2010

    2009

    2008

    2007

    2006

    2005

    2004

    2003

    2002

    2001

    2000

    1999