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Royal Mail stake will not be sold off, vows Vince Cable

Business secretary pledges not to sell off government’s 30% stake for ‘foreseeable future’ as share price continues to fall The government has ruled out selling off its remaining 30% stake in Royal Mail before next year’s general election. Vince Cable, the business secretary, said the government would retain the minority …

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Britain’s Royal Mail says competition threatening obligation to nationwide service – The Globe and Mail

Britain's Royal Mail says competition threatening obligation to nationwide serviceThe Globe and MailAppearing before a parliamentary investigation into competition in the sector, Royal Mail Chief Executive Moya Greene said the emergence of rival delivery services able to focus on densely populated, profitable areas was putting pressure on the company. More: …

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