New figures show taxpayers lost billions on Royal Mail privatisation
New figures reveal that taxpayers lost billions of pounds in the privatisation of the Royal Mail.
New figures reveal that taxpayers lost billions of pounds in the privatisation of the Royal Mail.
The taxpayer may have been shortchanged to the tune of hundreds of millions of pounds by the sale of the Royal Mail, according to markers laid down by Vince Cable back in October.
Alex Salmond and the SNP will say and do anything to get people to put a cross in the ‘Yes’ box next September.
The privatisation of Royal Mail could leave many customers having to treck miles to their local delivery office, as buildings in prime locations are sold to give investors a windfall.
James Bloodworth looks back at the week’s politics, including our progressive, regressive and evidence of the week.
Two thirds of the public are opposed to the government’s sell off of Royal Mail, with over a third ‘strongly opposed’, according to a new YouGov poll.
Later today ministers will announce the final details of plans for the privatisation of Royal Mail.
As a prelude to its privatisation, the announcement this week that Royal Mail made £440m profit for the year ending March 2013 was certainly an eye opener.
Why do we insist that there is no difference between a profitable business that pays its own way, like the postal service, and one that depends mainly on taxation to fund it, like a school or a hospital?
Right-wing think tank Bow Group has admitted that the privatisation of the Royal Mail would see the price of stamps rise and leave a “poisonous legacy” for the Tory party.