Royal Mail questions in parliment 14th Jan

[ExSG]

fmrPOSTIE,

The last person to stop RM being privatized is now the Home Secretary of a Governement hell bent on destroying the business. No support there.

[Big Daz]

Royal Mail: Privatisation
Business, Innovation and Skills
Written answers and statements, 19 January 2010 All Written Answers on 19 Jan 2010


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Jonathan Djanogly (Shadow Minister (Corporate Governance) (Also Shadow Solicitor General), Business; Huntingdon, Conservative)

To ask the Minister of State, Department for Business, Innovation and Skills on what dates (a) the Secretary of State, (b) he and (c) his Department's officials have made an assessment of market conditions relevant to the part-privatisation of Royal Mail since 1 July 2009.

Patrick McFadden (Minister of State, Department for Business, Innovation and Skills; Wolverhampton South East, Labour)

holding answer 18 January 2010
The Department has been continuously monitoring market conditions. Our assessment remains that current market conditions would not enable the Government to secure a partner for Royal Mail, through a minority share sale, on terms that would be value for money for the tax payer.

[TrueBlueTerrier]

fmrPOSTIE,

The last person to stop RM being privatized is now the Home Secretary of a Governement hell bent on destroying the business. No support there.

Alan Johnson - Judas

18 May 94 - Yesterday, leaders of 160,000 postal workers accused the Government of betraying a 'critical public service' and warned of price rises. Alan Johnson, general secretary of the Union of Communication Workers (UCW), said that while there was a clear need to give the service a far greater degree of commercial freedom, that could be done without selling it to the private sector. http://www.independent.co.uk/news/royal ... 36867.html" onclick="window.open(this.href);return false;

7 Oct 94 - Alan Johnson, general secretary of the Union of Communication Workers, hailed the conference vote against Post Office privatisation http://www.independent.co.uk/news/uk/la ... 41404.html" onclick="window.open(this.href);return false;

15 Nov 04 - Mr Johnson said that Mr Leighton had done “a tremendous job” at Royal Mail, but added: “Whatever idea he had, he understands completely that we will not privatise Royal Mail . . . We are looking at a share trust and that is the only thing we are looking at in terms of the ownership of the company.” http://business.timesonline.co.uk/tol/b ... 590204.ece" onclick="window.open(this.href);return false;

11 Jun 09 - I don’t believe that the Royal Mail is the one area of British life where, for ideological reasons, you don’t allow a penny of private finance into it. It’s ludicrous.” http://www.newstatesman.com/uk-politics ... -job-brown" onclick="window.open(this.href);return false;