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November 21, 2024
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Postal workers discuss strategy to oppose Royal Mail takeover by private equity firm EP Group


The Postal Workers Rank-and-File Committee (PWRFC) held an online Zoom meeting on Sunday “Oppose CWU-Labour Party collusion with Kretinsky’s Royal Mail takeover: Organise a rank-and-file fightback!”

World Socialist Web Site reporter Tony Robson opened the meeting saying it was the first time postal workers in Britain had been brought together to oppose the take-over by Daniel Kretinsky’s EP Group since the board of International Distribution Services (IDS)—parent company of Royal Mail—accepted an improved £3.5 billion offer.

While the buy-out has several stages to run after receiving initial clearance from the Conservative government, Robson said the past month had already laid down the battle lines.

Communication Workers Union (CWU) leaders Dave Ward and Martin Walsh are accommodating EP Group’s bid through their “engagement” policy, while the Labour Party had signalled support for Kretinsky’s private equity firm taking sole ownership.

Daniel Křetínský, Dave Ward, Royal Mail [Photo: Top left: EP Holding / Bottom left: WSWS / Right: CC BY 2.0]

Opposition among postal workers was demonstrated at last month’s CWU Live Q&A event on the take-over. The online chat saw postal workers rounding on Ward and the union’s postal executive for their engineered sellout of the 2022-3 national dispute, making them a target for the biggest attack since privatisation in 2013.

Robson stated, “Ward and the bureaucracy’s greatest fear is that opposition will assume the form of an organised rebellion to remove him from office, rejecting his insistence that there is no alternative to the dictates of the capitalist market. This is precisely the fight which must be undertaken, which the rank-and-file committee set out in our May 20 statement.”

Ian, a delivery worker from Greater Manchester, commented on Ward’s token objection to the takeover on the grounds that Royal Mail should not be in the hands of an overseas equity owner, “We need to remember that it is not a single individual trying to buy-out IDS. A number of financial vehicles have been set up to buy the company. The CWU’s constant referral to one person and that person’s nationality is disgusting. It’s small-minded bigoted nationalism and it’s racist. We should be calling the CWU out on it. Postal workers are in a fight against capitalism.”

The behind-the-scenes political conspiracy conducted by the CWU and Labour Party were reviewed. Labour shadow business secretary Jonathan Reynolds had met Kretinsky at the World Economic Forum in Davos and has approved the take-over based on worthless assurances to “safeguard its British identity and safeguard its workforce”.

The CWU has ditched its formal commitment to renationalisation. Ward and Walsh met with EP Group last Tuesday, describing the closed-door meeting as “useful and constructive” and boasting that next time they would be in the room with the billionaire oligarch.

The warnings made by the PWRFC about the agenda of EP Group’s asset strippers had been confirmed over the past fortnight, with Kretinsky describing the USO (six-day mail service) as “a death grip” and defending future price hikes on first class stamps. He has outlined a major assault on front door delivery, with 20,000 Amazon-style drop boxes and lockers, geared to converting Royal Mail into a dedicated parcel network based on thousands of job losses.



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