Tag: Government

Japan Post privatisation takes fresh hit

The government’s effort to break up and privatize Japan Post, the postal monopoly that includes huge financial-services operations, is quickly losing steam, hit by the recession and political instability, reports Wall Street Journal.

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Billy Hayes goes into battle at Royal Mail

Billy Hayes is going into battle to keep Royal Mail in public ownership. It is a fight that the leader of the Communication Workers Union (CWU) has waged several times in recent years, but the old foe of private investment in the publicly owned postal service is back – and so is its combative opponent.

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