Royal Mail stake to be sold to private foreign firm in £3bn deal

Extracts from BBC NEWS Friday, 18 February, 2005, 00:01 GMT

also see (SEE 16 December 2008)

E-mail this to a friend     Printable version

Royal Mail loses postal monopoly

The Royal Mail’s 350-year monopoly is to end at the start of 2006, 15 months earlier than previously planned.

The UK’s postal service market will be fully liberalised from 1 January 2006, regulator Postcomm announced, following three months of consultation.

From that date, any licensed operator will be able to deliver mail to business and residential customers.
Royal Mail, which controls 99% of the market, welcomed the news but the main postal union said it was “ill-advised”.

The Communication Workers Union (CWU) warned the decision will place “the country’s cherished universal service in jeopardy”.

The CWU also criticised what it said was a “competition at all costs” ethos which it says will put the Post Office at a serious competitive disadvantage to its European rivals.

St Georges Day April 23rd

Link to St Georgesday.com

“I think it is a shameful indictment and it needs to be changed,” said Romford MP Andrew Rosindell, who is chairman of parliament’s all-party Saint George’s Day Group.

“We must be the only country in the world that spends nothing or virtually nothing on celebrating its national day. It is a great pity.

“There needs to be a change in the culture of Government in the way it approaches something like this”

Over 1 MILLION of you have voted in our poll and many thousands have become members.

To take part in our campaign!… CLICK HERE!

Cast your vote HERE!

Join the St George’s Day Newsletter HERE!vote

https://app.e2ma.net/app/view:Join/signupId:19592

Flags from <A HREF=”http://www.multimediapalace.com/”>Multimedia Palace</A>