Royal Mail

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 …

The Government today pressed ahead with its controversial plans to part-privatise the Royal Mail but tried to head off growing criticism by pledging to enshrine in law that the organisation would remain publicly owned. More: continued here

Lord Mandelson publishes controversial plans to sell-off part of Royal Mail which he says will save a universal postal service. More: continued here

Lord Mandelson plans to rush through the sell-off of Royal Mail within months in the face of Cabinet opposition, it emerged today. More: continued here

Lord Mandelson the Business Secretary said the Government’s plan to partprivatise the Royal Mail was the only option to save the service. More: continued here