Mail Regulator Raises Spectre of Privatization

Birmingham PostMay 16, 2008

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Summary


The postal regulator has called for a "radical transformation" of the Royal Mail and warned that its letters business would decline speedily unless action was taken.

Postcom said the Royal Mail needed access to private funds to help it restructure, raising the spectre of privatisation, which would prove hugely unpopular among Labour MPs and trade unions.

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Extract


Mail Regulator Raises Spectre of Privatization

The regulator said partnerships with the private sector similar to those in other European countries could help prove e...

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