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Ohelemapit

Royal Mail to be sold to the public this year

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Royal Mail will be sold off to the public within 12 months, echoing Margaret Thatcher’s privatisation policies of the 1980s.

Business minister Michael Fallon said it is his ‘firm intention’ for the process to be finished by next April, with experts predicting a £2-£3billion flotation on the stock market this autumn.

The historic move will allow anyone to buy shares in the former monopoly.

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Ah -- privatize the postal service. Have you any idea how many people that will add to the welfare rolls?

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Posted (edited)

Ah -- privatize the postal service. Have you any idea how many people that will add to the welfare rolls?

You do realise your taxes pay for that socialist monstrosity?

Its needs privitising and if it fails because of the unions they should dissolve the business. The private sector delivery companies are more efficient, more profitable, more productive, more competitive, cheaper, give a better service and will quickly expand to fill the gap.

Edited by Giant Killer B

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