What are your opinions on this
click (Reuters) - British Prime Minister David Cameron said on Wednesday he expected the planned privatisation of the Royal Mail postal service to attract extensive public support.
"I think there'll be widespread support around the country to modernise this great public service," Cameron told parliament before a government announcement expected to set out details of the long-planned privatisation later on Wednesday.
Why sell off a profit making public asset?
With the increase in internet trading it can only get better.
Did the pm have a poll telling him most of the public supported him on this?
When sold I can see the "profit before anything" usual cronies starting to eventually pushing up prices to as high as they can get away with.
I just can't get my head around how much of Britain has now been sold off to either foreign enterprises or those with the majority of the wealth in the world.
'Widespread support....' The cretin is deluded.
Thanks for the useful link Rude.
Here's a link to sign an online petition against the Post Office being privatised.
Save our Royal Mail petition.
I know off topic Derek sorry but had to include this one as well while we are losing our postal service this is what governments plans are
http://uk.reuters.com/article/2013/07/11/uk-britain-politics-pay-idUKBRE96A0JK20130711
My opinion Derek,would think that most people would be happy to see the word 'Royal' removed.
In addition, all this has been taking shape since 2000, when Consignia came into the equation.It was only a matter of time before, Royal Mail was put up for auction. We should have kicked off then, but being a trusting nation back then, we now realise that all things were preparation for worse(in our opinion) It will undoubtably be a French company who gain it, because that is their interest in the European market. Atos,Capita, Serco. Have we not noticed that all of these services and industries go to an alloted country to help each of their own economies? As a rough guide,French have utilities, services (e.g.insurance) and energy companies(mainly). Frenh company ATOS also deal with our disability claims. Look them up and see how big they are and how good they 'aren't'. Spain have airlines, banks of some sort, Italy have coal and steel, Greece have nothing, and Britain managed to clinch the Banking and financial sector that's why as a country we have to support the banks, which Germany wanted. All wheels within wheels and whoever we point the finger at it's another 'already planned' move, probably part of an already signed agreement in Brussels from years ago.
Personally, I don't much care, because it will happen anyway and look out for the change of anything which is pre-fixed with the word'Royal'. e.g Royal Lancashire, Royal Cheshires. That is no doubt, because we can't be fully integrated with Europe, whilst we have our Royal Family as head of State.Take her head off the stamp and so on. Slow process but it happens infront of our eyes and it's time we think outside the box and what is actually going on. We only shout when it's too late in this country.
Maybe my opinion is completely wrong, but if I get a chance to vote against staying in Europe, then I will use it. No point in complaing afterwards.
SO what are your views about this.
http://webarchive.nationalarchives.gov.uk/+/http:/www.berr.gov.uk/whatwedo/sectors/postalservices/legislation/royalmailcompany/page28907.html
In parallel with the commencement of the Postal Services Act 2000, the company that was to become the "Post Office company" was established (registered company number 4074919), and on the 4th January 2001 a nomination order was made - nominating this company for the purposes of the Act. At that time this company was named Consignia plc. On the 26th January 2001 it was renamed Consignia Holdings plc. The company is now named Royal Mail Holdings plc. The same order set the 26th March 2001 as the "appointed day" on which the transfer of property, rights, liabilities etc. of the old statutory Post Office corporation would take place to the new plc Post Office company.
As a bit of background, immediately prior to Midnight on the 25th March 2001 the property, rights and liabilities of the Post Office corporation (subject to certain exceptions specified in the Postal Services Act 2000) were hived-down to a subsidiary of that corporation called Consignia plc (registered number 4138203) via a scheme made under section 60 of the British Telecommunications Act 1981. You will note that this is not the same company as discussed above - this operating subsidiary of the corporation was renamed to Consignia plc at the same time as the new plc Post Office company was renamed from Consignia plc to Consignia Holdings plc (i.e. on 26th January 2001).
At midnight on the 25th March 2001, ownership of this operating subsidiary was then transferred from the corporation to the new plc Post Office company (Consignia Holdings plc). So Consignia plc (where this business of the old Post Office corporation was hived-down to) became an operating subsidiary of Consignia Holdings plc. On the 4th November 2002 the holding company was renamed Royal Mail Holdings plc and the operating subsidiary was renamed Royal Mail Group plc. On the 20th March 2007 Royal Mail Group plc became Royal Mail Group Ltd.
So are you saying, Granny, that privatisation has already been done, between 2000 to 2007, by the (then Labour) government?
Consignia is a PLC= Public Limited Company , wholly owned by Her Majesties Government.
Set up as an umbrella group to incorporate Royal Mail Holdings etc. and Royal Mail PLC. The duties of running the Royal Mail were passed to Consignia
The reasons for those PLC's is generally for Financial and Legal reasons. Therfore, I would imagine that the setting up has seen the Post Office/Royal Mail as we understand it, to have been divided up into different categories, therefore with an easier legal pathway to privstisation.
This site is really very interesting. It shows a lot of figures and statistics relating to the Royal Mail over the recent years.
http://www.worksmart.org.uk/company/company.php?id=04074919
I wonder where the £3 billion expected money from it's sell-off will be wasted
An interesting view in the Guardian
click so true it is sell-off Britain and the "f-ck you jack I'll be alright as I count the money I'll make from this" must be rubbing their hands in anticipation
The whole affair is totally absurd, although it's obviously been in the pipeline for years. Profits and revenue have soared according to this article.
http://www.globalpost.com/dispatch/news/afp/130710/britain-present-royal-mail-privatisation-plansExtract...
The Conservative-Liberal Democrat government, led by Prime Minister David Cameron, relaunched plans to part-privatise Royal Mail three years ago and after the proposal was ditched by the former Labour administration.
Former prime minister Gordon Brown's Labour government scrapped the sell-off plans in 2009 as Britain struggled with recession following the global financial crisis.
But Royal Mail recently announced that its profit after tax soared to £566 million in 2012-13 compared with a net gain of £149 million during its previous financial year. Revenue grew almost 6.0 percent to £9.279 billion.
Royal Mail continues to operate most British postal services even though its more than 350-year-long monopoly of the letter-delivery business ended in 2006 as new rules kicked in to allow rival operators to win a slice of the market.