Cable Forum

Cable Forum (https://www.cableforum.uk/board/index.php)
-   Current Affairs (https://www.cableforum.uk/board/forumdisplay.php?f=20)
-   -   Royal Mail privatisation bill unveiled by Vince Cable (https://www.cableforum.uk/board/showthread.php?t=33670823)

Maggy 13-10-2010 20:38

Royal Mail privatisation bill unveiled by Vince Cable
 
http://www.bbc.co.uk/news/business-11526179
Quote:

Business Secretary Vince Cable has said that private buyers will be allowed to own up to 90% of Royal Mail, while the Post Office may be mutualised.
He was giving details of the Postal Services Bill, designed to pave the way for Royal Mail's privatisation.
Well I don't think that's any surprise..it was heavily sign posted..

Quote:

Mr Cable also announced that the Post Office network, which is not included in the sell-off, may be converted into a mutual ownership structure, and promised there would be no further closures of Post Office outlets.
"It seems to me that the Post Office is ideally suited to a John Lewis or Co-operative Group style structure, where employees, sub-postmasters and communities get a greater say in how the company is run," he said.
Well The Co-op has already taken over the two local Post Office in my borough so I can see the sense in that.

fatmat8 18-10-2010 09:08

Re: Royal Mail privatisation bill unveiled by Vince Cable
 
another not thought out plan by the libs

Hugh 18-10-2010 09:12

Re: Royal Mail privatisation bill unveiled by Vince Cable
 
"by the libs" - it's a Coalition proposal.


All times are GMT +1. The time now is 10:50.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2025, vBulletin Solutions Inc.
All Posts and Content are © Cable Forum