Amad3us
Today 06:26 PM
To give the readers' an overview:
Out of 11500 post offices across the country, 400 are company operated also known as crown network. The rest are owned and operated by private individuals also known as Sub-office network.
The private investors have brought in £3billion worth of their own life savings into the company.
400 Crown Offices lose to the tune of £55 million every year and generate only 10% of the company income. Compare that with the fact that the Sub-office network generates 90% of the company income.
The sub-office network, by CWU's own admission, has had a pay cut for the last 4 years. And CWU is moaning about a pay freeze for one year?!?!
About time these crown offices are shut and this money down the drain saved.
Link Telegraph
Out of 11500 post offices across the country, 400 are company operated also known as crown network. The rest are owned and operated by private individuals also known as Sub-office network.
The private investors have brought in £3billion worth of their own life savings into the company.
400 Crown Offices lose to the tune of £55 million every year and generate only 10% of the company income. Compare that with the fact that the Sub-office network generates 90% of the company income.
The sub-office network, by CWU's own admission, has had a pay cut for the last 4 years. And CWU is moaning about a pay freeze for one year?!?!
About time these crown offices are shut and this money down the drain saved.
Link Telegraph
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