Mandelson delays Royal Mail sell-off plan

[kwikpost]

From today's Time's on line.

Lord Mandelson has conceded that his controversial plan to sell off a stake in the Royal Mail will be delayed in the face of fierce opposition from MPs and trade unions.

The Business Secretary is preparing a radical new reform agenda for the Government, designed to reinvigorate the Labour administration and outflank the Conservative opposition.

His proposals will be jostling for position with a similar campaign, to be called "Building Britain's Future", due to be launched today by Gordon Brown, the prime minister.

The Times reported last week that Alistair Darling, the Chancellor, has delayed a Treasury proposal on bank reforms that was originally due this week so as not to clash with Lord Mandelson's objectives.

http://business.timesonline.co.uk/tol/b ... 599993.ece" onclick="window.open(this.href);return false;

[TrueBlueTerrier]

Custard beat you to it.

http://www.royalmailchat.co.uk/communit ... 38&t=17104" onclick="window.open(this.href);return false;