The proposed part privatisation of Royal Mail, as detailed in the Hooper Report, has taken another hammer blow today from new financial analysis carried out by Compass. It has found that the likely...
submitted by
Tigmoo on 21st Apr 2009 (via unionstogether.org.uk)
A message from Compass In Case Not Made Compass showed that the Hooper Report was fundamentally flawed! In April they proved that current market conditions meant the Post Office sell off could lose up to £900M for the Treasury. Even under better financial conditions, part privatisation never represented value for money for the tax payer. This win
submitted by
SocialistUnity on 2nd Jul 2009 (via socialistunity.com)
What should we make of Peter Mandelson's comments about the question of whether to sell off part of the Royal Mail? Peter Mandelson suggested he wants to sell off some of Royal Mail "Frankly, 10 years on, I was surprised this was still an unresolved issue," he tells today's Financial Times. His comments appear to confirm rumours that he will look to sell off a chunk of the Royal Mail, po...
submitted by
ChristopherHope on 20th Oct 2008 (via blogs.telegraph.co.uk)
Today the postal workers’ union, the CWU, are lobbying parliamant against the partial sell off of the Royal Mail. The government claims it is necessary to sell a one third stake in Royal Mail due to the huge hole in the pension fund, but Royal Mail took an 18 year contributions holiday on employer side
submitted by
SocialistUnity on 24th Feb 2009 (via socialistunity.com)
A report into the future of the Royal Mail due out later is expected to call for the service to be part-privatised.
submitted by
BBCPolitics on 16th Dec 2008 (via news.bbc.co.uk)
Some day soon – unless the coalition has already lost its bottle – a bill will be introduced to 'part-privatise' Royal Mail. It has to be done. But it will be a tough sell, for four reasons. First, the market for the Royal Mail's product is shrinking. It's a big fish, but its pool is getting smaller. It carries 75 million letters a day, but that's down by 10 mi...
submitted by
Spectator on 8th Sep 2010 (via spectator.co.uk)
Up to 50,000 postal workers jobs were put at risk yesterday after the unelected Secretary of State for Business Lord Peter Mandelson announced that he plans to sell off parts of the Royal Mail
submitted by
SocialistWorker on 17th Dec 2008 (via socialistworker.co.uk)
The chairman of the Commons committee looking into the part-privatisation of the Royal Mail today questioned whether the sell-off would be limited to a 30 per cent stake.
submitted by
ePolitix on 1st Apr 2009 (via rss.feedsportal.com)
THE government faced anger from Labour MPs and union leaders last night after it was revealed that a bill to sell off part of the Royal Mail is to be introduced on Thursday.
submitted by
Scotsman on 24th Feb 2009 (via news.scotsman.com)
The partial sell-off of Royal Mail is opposed by MPs of all parties, which could spell defeat for the Government, a survey for The Independent has found.
submitted by
TheIndependent on 24th Feb 2009 (via rss.feedsportal.com)