The Prime Minister faces a backlash tomorrow against plans to part-privatise Royal Mail after a series of concessions to Labour critics failed to head off a growing rebellion. More: continued here
Read More »More Government rebels join Royal Mail revolt (The Herald)
The Government’s Royal Mail revot gre today as more figures joined the protest against plans for part-privatising the service. At least seven ministerial aides have now put their names to a Commons motion opposing the controversial policy – with several indicating they might quit over the issue. More: continued here
Read More »Unions to ambush Brown over Royal Mail sell-off (Evening Standard)
GORDON BROWN is facing an ambush from furious Labour and trade union chiefs over Business Secretary Lord Mandelson’s “snake-oil salesman” plans to part-privatise Royal Mail. More: continued here
Read More »Royal Mail sell off bid will split Labour (Daily Mirror)
Angry union chiefs yesterday warned Peter Mandelson his bid to sell off part of Royal Mail will split the Labour movement. More: continued here
Read More »This Royal Mail Buisness – FansOnLine.net
This Royal Mail BuisnessFansOnLine.net, UKWhat exactly is the big deal about this privatisation of Royal Mail? As far as I can see the thing is a dinosaur and in massive need of bringing forward in the modern day. The pension black hole could increase to £8 billion, The Royal Mail is …
Read More »Royal Mail pledges ‘absolute rubbish’ (The Journal)
GOVERNMENT pledges about the Royal Mail’s future following any partial sell-off were yesterday dismissed as only being worthy of “toilet paper”. More: continued here
Read More »Mandelson outlines sell-off plans to ‘save’ Royal Mail (PrintWeek)
Plans to sell off around 30% of the Royal Mail have been described as the only credible way to save the postal operator by business secretary Lord Mandelson. More: continued here
Read More »Royal Mail: backlash grows as unions round on Mandelson postal plan (Guardian Unlimited)
Business secretary offers concessions to appease Labour rebels The scale of the backlash against Lord Mandelson’s proposals to partly privatise Royal Mail is laid bare today in a warning from Labour’s eight largest unions that the proposals are electorally unpopular, politically unwise and damaging to the postal service. In a …
Read More »European Shares Drop, Led by Banks; Lloyds, Rio Tinto Decline – Bloomberg
BBC News European Shares Drop, Led by Banks; Lloyds, Rio Tinto DeclineBloombergRoyal Bank of Scotland Group Plc fell 20 percent, while Citigroup slumped 36 percent in New York. Rio Tinto Group and Norsk Hydro ASA retreated more than 3 percent after Goldman Sachs Group Inc. advised investors to sell the …
Read More »Royal Mail unease remains (The Herald)
The Royal Mail has been a British institution since 1635, when King Charles I had the idea of raising money by allowing his subjects to make use of his delivery service on payment of a fee when they received a letter. More: continued here
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