Mandelson to Speed Royal Mail Sell-Off [Edition 3]

Summary


LORD Mandelson plans to rush through the sell-off of Royal Mail within months in the face of Cabinet opposition, it emerged today.

The taxpayer will also pick up a bill for at least Pounds 6 billion for postal workers' pensions under the deal. In the document accompanying the Postal Services Bill published today, the Business Secretary said public funds would not be used to bail out the pension scheme if the part-privatisation plan is blocked.

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Mandelson to Speed Royal Mail Sell-Off [Edition 3]

He said today: "All the reform p...

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