On Fri, 17 Jun 2011 17:26:24 +0100, Phil Cook
wrote:


It's likely to make a loss for evermore. The traffic that makes a profit
has been creamed off to private enterprise that is unfettered by the
universal service requirement. Only one carrier is required to take mail
and parcels anywhere for one price far below what it costs to take it to
most outlying areas.

Whilst the letters and parcels business makes a substantial loss,
Royal Mail Group overall made an operating profit of £39 million in
2010-11. So as long as the Government doesn't sell off the profitable
bits, there may be hope ....

On the other hand, we get the service we pay for and that's another
debate that's really OT.