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Lepista

1St Class Stamps To Go Up To 46P

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Some "back of the envelope" maths suggests that a 1d stamp in 1840 is the equivalent of 37p of today's currency.

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Just listened to this on the news, they are being allowed the steep rise so they can compete with their rivals, erm what rivals?

I remember when BT announced it was putting up its line rental charge in order to maintain competitive pricing for its customers. Newspeak is alive and well.

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Some "back of the envelope" maths suggests that a 1d stamp in 1840 is the equivalent of 37p of today's currency.

So much for automation, eh!

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Guest spp

Those people still having the deflation/inflation argument better make their mind up soon.

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Just listened to this on the news, they are being allowed the steep rise so they can compete with their rivals, erm what rivals?

It's a typo.

It should read "subsidise their rivals".

Every stamp you buy subsidises the costs of the junk mail you recevie with a TNT frank mark on it.

Sadly, this is not a joke.

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No need to sell it off now then. It will be profitable with that sort of stamp price rise.

But it will be. And a private company will receive the profits, while no doudt we will be stuck with the pension liability.

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It's a loss making business but the CEO has to be paid as much as CEOs at other firms or she might leave.

If there are no profits where else can the money come from to fund her pay/perks/pension and those of the other bosses there, if not from a hefty price rise?

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It's a loss making business but the CEO has to be paid as much as CEOs at other firms or she might leave.

If there are no profits where else can the money come from to fund her pay/perks/pension and those of the other bosses there, if not from a hefty price rise?

What I can't understand is why the postmen have to deliver their competitors mail?

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FTSE bosses got a 55% pay rise last year to make sure they didn't leave.

That pay rise has to filter through to all the bosses at other firms or they might leave.

It also has to filter through to bosses in the public sector at a comparable level or they might leave.

This means places that charge for goods will have to put prices up a lot. If they cannot increase prices they will just have to cut costs i.e. jobs.

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Those people still having the deflation/inflation argument better make their mind up soon.

there aren't any deflationists on this forum are there now?

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The universal postal service is in the process of declining into obsolescence, just as the Morse code telegraph did. There is no no need to transport information or money by physically moving bits of paper from A to B. Greetings cards and goods are the about the only things the Royal Mail now handles that can't be moved electronically.

Internet service to remote locations is a nut that needs to be cracked before the universal postal service can realistically be wound down, but in a decade's time I would expect a Royal Mail that makes one or two collections and deliveries a month at a premium price as a safety net, with private couriers transporting the bulk of goods within areas with high population densities.

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  • 153 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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