Business secretary promises to keep post office network entirely in public hands as part of plan to allow private company to take 30% stake in the Royal Mail Lord Mandelson today promised to keep the post office network entirely in public hands as he unveiled a series of concessions intended to increase support for his plans for partial privatisation of the Royal Mail. The business secretary made ...

Business Secretary Vince Cable says private buyers can own up to 90% of Royal Mail, while the Post Office may be mutualised.

Labour MP John Denham has warned that Government plans to privatise Royal Mail – which will be going before Parliament on Wednesday - could spell the end of the post office network. John Denham, Labour MP for Southampton Itchen, said: "In rushing through the privatisation of the Royal Mail, this Tory-led Government is giving no safeguards to our Post Office network. "These plans will result ...

Tavish Scott, leader of the Lib Dems in Scotland, bravely took the stage on a wet Sunday morning at Liberal Demcrat conference, and gave a cast iron guarantee from Vince Cable on the Royal Mail and Post Office, following from the recent Government announcement that the Lib Dem policy to privatise Royal Mail whilst keeping

The Post Office should be separated from the Royal Mail to give the business greater commercial freedom, the industry’s regulator suggested yesterday.

The government is proposing to turn the Post Office into a mutual, owned by staff, sub-postmasters and communities, by the end of this parliament alongside its plan to privatise Royal Mail

The government is proposing to turn the Post Office into a mutual, owned by staff, sub-postmasters and communities, by the end of this parliament alongside its plan to privatise Royal Mail

Plans to privatise Royal Mail have been revived by the Lib Dem Business Secretary Vince Cable. Labour failed to push through the controversial sale last year after a 100-strong revolt by MPs. But the move is now expected to sail through the Commons because selling off Royal Mail is a core Lib Dem policy and the Conservatives also back privatisation plans. Under the proposal just over half of Royal...

Royal Mail could be sold off as soon as the end of next year, the Government has signalled as it published details of biggest privatisation for two decades.

The future of the Post Office was called into question on Wednesday night, after MPs claimed it would be a "catastrophe" if it lost its link with the Royal Mail under privatisation plans.