Royal Mail

COMMENT: Why bail-out banks and not the Mail?Worcester News,  UKThe Government’s strategy with regard to the banking industry – effectively a nationalisation programme – appears to be directly at odds to its proposals for the Royal Mail. Business Secretary Lord Mandelson yesterday unveiled the much-heralded plans … More: continued here

Postman is suspended as missing mail is discoveredDerby Evening Telegraph, UKA POSTMAN has been suspended on suspicion of delaying the delivery of mail after people in Spondon reported missing letters. Royal Mail has now launched an investigation after post was discovered at the home of one its employees. … More: continued …

Postman jailed over mail theftsManchester Evening News, UKJohnstone, 35, was trapped during a Royal Mail'sting' involving two bogus packages which had gone missing during his shift at the Wythenshawe delivery office. His home in Moor Lane, Northern Moor was searched where investigators found six bin bags … More: continued here

MPs fight to keep Royal Mail publicCamden New Journal, UKFrank Dobson and Glenda Jackson are among 140 Labour MPs who have publicly opposed a Parliamentary Bill to be published today (Thursday) by Business Secretary Lord Mandelson which would see parts of Royal Mail sold off to private investors. … More: continued …

Prime Minister Gordon Brown of Britain announced legislation Thursday to put up to 30 percent of the Royal Mail in the hands of investors, part of a plan to raise capital to modernize the government-owned postal service. More: continued here

The government has published the bill to privatise 30 per cent of the Royal Mail with Lord Mandelson, the business secretary offering a potential olive branch to those within his own party opposed to the plan. More: continued here

Lord Mandelson has published plans to part-privatise Royal Mail, warning that the “future of this network is under threat” without reform. More: continued here

Contentious plans published on Thursday morning to sell a stake of about 30 per cent in Royal Mail to a private sector rival are the “only credible option” to save the state-owned postal operator, the government asserted, as ministers tried to head off a mounting Labour rebellion. More: continued here

The government could sell a 30 percent stake in Royal Mail under plans to restructure the state-owned postal services firm, the Department for Business Enterprise & Regulatory Reform (BERR) said on Thursday. More: continued here

Union boss blasts Royal Mail privatisation plansWeston & Somerset Mercury, UKAs part of the purchase, Royal Mail's pension deficit, thought to stand at £5.9billion, would be taken over by the Government. Business ministers say modernisation is needed in areas such as sorting, of which 85 per cent is done by machines …