Britain Plans I.P.O. for Postal Service
Comment by Road Hog –
I blogged about this a few years ago.
There are a couple of links towards the end of the blog, only the second one still works.
The reason for the sell of is, that it is an EU directive. The EU wants all industries to stop being sovereign and all owned by a handful of pan European countries – note how all our energy, water or telecom countries are foreign owned.
The reason for this is that these industries are no longer controlled by sovereign nations and as pan European industries they can be controlled by the EU.
Royal Mail will be sold off to Deutsche Post, or possibly TNT. The toxic part of RM, the pension has already been taken on by HM government – meaning the taxpayer gets saddled with the shortfall/debt and some trans national corporation that pays no tax in the UK, get the profitable part for a cheap price.