Royal Mail is likely to be partly or wholly in private hands within two to three years, giving it freedom to escape the Treasury's control and raise money to invest, according to the minister in charge of privatising the service
submitted by
FT on 23rd Jul 2010 (via ft.com)
Opposition to government plans to part-privatise the Royal Mail increased as the Liberal Democrats said yesterday the government could not count on the party's support to pass a law which has inspiredmore than 150 Labour MPs to rebel The government wants to sell 30% of Royal Mail despite a Labour manifesto commitment to keep the service in public hands, and looked likely to be able to do so a...
submitted by
Guardian on 7th Mar 2009 (via guardian.co.uk)
A rebellion is spreading that threatens to stop New Labours plans to sell off the post service
submitted by
SocialistWorker on 3rd Mar 2009 (via socialistworker.co.uk)
The government pressed ahead yesterday with its controversial plans to part-privatise the Royal Mail in the face of opposition from Labour MPs and unions, pledging to use money from the sell-off to modernise the business.
submitted by
TheHerald on 11th May 2009 (via theherald.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)
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)
As I've said, government plans to sell off part of the state-monopoly on door-to-door mail deliveries, Royal Mail, is something at least. Unfortunately, that isn't the only part of their plan. It features a host of other things, including: A new fund to protect the universal postal service, which may be at risk from private competition in the future Say what?! They need to protect the pu...
submitted by
CynicalLibertarian on 26th Feb 2009 (via cynlib.blogspot.com)
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)
Plans to sell a minority stake in Royal Mail to a private company may be delayed, Lord Mandelson says.
submitted by
BBCPolitics on 29th Jun 2009 (via news.bbc.co.uk)
Government plans to sell a minority stake in Royal Mail to a private firm may be delayed, Lord Mandelson says.
submitted by
BBCPolitics on 29th Jun 2009 (via news.bbc.co.uk)
Lord Mandelson defends plans to sell 30% of Royal Mail, insisting overall ownership will stay in public hands.
submitted by
BBCPolitics on 25th Feb 2009 (via news.bbc.co.uk)
