Labour revolt could delay Royal Mail sell-off
The government could delay plans to sell a stake in Royal Mail amid fears that private bidders might not offer enough cash, The Sunday Telegraph has learned.
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Postal workers march over sell-off
Postal workers opposed to the government’s controversial plans to part-privatise the Royal Mail have taken their campaign to the constituency of the postal affairs minister.
Read MoreRoyal Mail: privatisation of strategic interest
Plans to part-privatize Royal Mail are attracting strong interest in its parcel division, which focuses on the more resilient road and home delivery market sectors. It currently holds an estimated 7% share in the European express market and is well positioned given the current economic climate, making it an interesting target for companies wanting to increase their footprint in these growth areas.
Read MoreRoyal Mail packet product deregulation rejected
An application by the Royal Mail to deregulate a number of business packet products and introduce a new pricing structure outside Condition 21 of its license has been rejected by postal regulator Postcomm.
Read MoreMedia House leads Royal Mail campaign
Media House, the Scottish public relations and crisis management company, has been hired by the Communication Workers Union (CWU) to help it fight government plans to part-privatise the Royal Mail.
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