Royal Mail

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. More: continued here

The fraught efforts to part-privatise Royal Mail encountered further difficulties yesterday after investors in TNT, the frontrunner to buy a stake in Britain’s state-owned postal operator, cautioned against the move. More: continued here

Plans to partially privatise Royal Mail have come under increased pressure again this week following reports that the mail operator’s much-publicised pension deficit could be as much as double the previous £6bn estimate. More: continued here

The Tories have issued a stark warning to Lord Mandelson, threatening to withdraw critical support for government plans to part-privatise the Royal Mail if the Business Secretary makes concessions to Labour rebels. More: continued here

SNP Postal Affairs spokesperson, Mike Weir MP, has welcomed a poll showing almost seventy per cent opposition to controversial proposals to part-privatise Royal Mail and the threat it poses to jobs in the service. More: continued here

The government has rejected calls from MPs for a precise figure on the costs of modernisation of the Royal Mail. More: continued here

BBC News Royal Mail and HMG's creative accountingBBC News, UKRoyal Mail is a plc with a single shareholder, viz HMG. And our somewhat battered postal service has a massive pension fund that's burdened with a huge and troubling shortfall between assets and liabilities. Because Royal Mail can't afford to fill the …

The Government is pressing ahead 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. More: continued here

The government today rejected criticism from MPs that a precise figure was needed for modernisation of the Royal Mail. More: continued here

Business in brief: Royal Mail; Bramdean AlternativesTimes Online, UKPeter Luff, the Conservative chairman of the Commons Business and Enterprise Select Committee, is unhappy with the response by ministers to the committee's concerns about the partial sale of Royal Mail. Pat McFadden, the Postal Services Minister, … More: continued here