UK LibDems back Royal Mail part-privatisation plan
Liberal Democrats today backed plans to part-privatise Royal Mail, in an important victory for new leader Sir Menzies Campbell. The party conference overwhelmingly endorsed proposals to sell off 49% of Royal Mail to raise money to safeguard the future of post offices. Sir Menzies’ backing was a highly symbolic nod to the right-wing modernisers of the party who want it to embrace the market. Similar plans caused a row at last year’s Lib Dem conference between the modernisers and those who want the party to remain a progressive left-of-centre force. Delegates refused to endorse the plans then, leading to a watered-down version being put before the party’s spring conference in Harrogate today.
Read More
