Royal Mail privatisation

[Still Waters]

The Government plans to sell a majority of the world's oldest postal service in a sell-off that could value of the company at £3bn.

Confirmation of the float on Thursday, seen by Business Secretary Vince Cable as vital to drawing in the funds necessary to securing the future of the postal operator, comes a day before unions launch a push for a nationwide postal strike.

Royal Mail chief executive Moya Greene will meet 1,200 union representatives at a private meeting in Birmingham at 11am on Thursday in a last-ditch bid to win their support for the move and avert a crippling nationwide strike in the run-up to Christmas.

http://www.telegraph...thin-weeks.html

[shrooma]

cue the price of stamps skyrocketing, and letters turning up any old time.

didn't the government learn anything after they privatised the trains??

[Shayde]

cue the price of stamps skyrocketing, and letters turning up any old time.

didn't the government learn anything after they privatised the trains??

They did. They learned not to listen to any other advice other than vested interests who pay them money!

Listen to the public who employ them? Silly notion!

[spud the mackem]

The first thing to happen privatising things, is a huge rise in prices, the second thing is a cut in services.So there will be a massive reduction in Postal Staff,Mail will be delivered one per week instead of daily,with enormous amounts of Junk mail coming thru the letterbox.