The government has rejected calls from MPs for a precise figure on the costs of modernisation of the Royal Mail.

The government today rejected criticism from MPs that a precise figure was needed for modernisation of the Royal Mail.

Asked whether the Prime Minister was worried about the prospect of several thousand job losses in Royal Mail, the PMS replied that the Royal Mail had set out their position on that story. It was his understanding that the Royal Mail had said they had no plans for 16,000 job cuts. In terms of staffing at Royal Mail, it was an operational matter for the company and the PMS would leave it to them to ...

19 March session Royal Mail Group pension deficitThe cost to the taxpayer of bailing out the Royal Mail Group's multibillion pension deficit is set to rise, postal services minister Pat McFadden told MPs. Under plans to part-privatise the Royal Mail, the Government was set to fill a £6bn black hole in the pension scheme. But McFadden said that figure was based on a year-old valuation an...

The Communication Workers Union condemns plans announced today to privatise Royal Mail and vows to fight the politically motivated move by all means. A YouGov poll last month found a majority of voters of every party oppose privatising Royal Mail with support at only 15 per cent. At the same time, Royal Mail is a market

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

A couple of weeks ago, I met with reresentatives of the Royal Mail about their plans to relocate delivery offices in Hammersmith & Fulham. The Royal Mail have now confirmed that residents will not have to travel out of the...

Spread widely through the media today is the latest development in that long-running saga, the "privatisation" of the Royal Mail. It is covered in The Times which warns that there might be "50,000 jobs at risk" in break-up of Royal Mail, and by The Daily Telegraph which tells us that a "£3billion Royal Mail sell-off could be agreed today." From this we learn that the "state-owned firm that r...

ROYAL MAIL 13.01.2009 Smith, Geraldine That this House notes that the Labour Party Conference 2008, with the backing of Ministers, supported a vision of a wholly publicly-owned, integrated Royal Mail Group; welcomes the conclusion of the Hooper Report that the current universal service obligation offered by Royal Mail, including six days a week delivery, must be protected and that the primary duty...

Asked if there had been any discussion of Royal Mail in Cabinet, the PMS said only in passing in relation to upcoming parliamentary business. Asked whether the Government was still committed to the part-privatisation of Royal Mail, the PMS said that the Government’s position on the Royal Mail had not changed from the position that was set out in December. original source.