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Record most strongly my personal apology and sympathies with all Sub Postmaster is, their families and those affected by this as we get into the conversation, there will be an opportunity for me to elaborate, but i felt that was important for me to say upfront. It but i felt that was important for me to say upfront to say upfront. It was the term ern adam crozier to say upfront. It was the term ern adam crozier to to say upfront. It was the term ern adam crozier to give to say upfront. It was the term ern adam crozier to give evidence. To say upfront. It was the term ern| adam crozier to give evidence. The whole company, because of what we inherited, whole company, because of what we inherited, effectively on the royal mail side inherited, effectively on the royal mail side that had not been invested in for mail side that had not been invested in for a mail side that had not been invested in for a decade, had not hit its quality i ....
It s basically a utility that loses money. so the question then is that utility that loses money more and more becomes a package delivery service and amazon is the largest company and it s still losing money are we subsidizing a for profit company in amazon? one study says they do lose money on each package they deliver for amazon. most of the articles have been so superficial to be ridiculous because all they look at is revenues. they say oh, look, the revenue growth is growing on the parcel side. so amazon is good for the post office. but my bet is if i really got in there at storch advisers and tore apart the cost of operation there you would see on the margin they make money but if you fully load the cost they lose money on each package they re delivering. my kids don t even know what a number 10 envelope is. you know? it seems like such a snapshot from the past. so i get that the post office problems are much more deep than whatever the amazon deal might be. let me ask you this. ....