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Royal Mail sell-off unveiled

Business Secretary Vince Cable is announcing the flotation of Royal Mail which will mean people will be able to buy shares in the company. Members of the Communication Workers Union overwhelmingly oppose the scheme.

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Govt: Royal Mail needs 'commercial freedom' to thrive

The Royal Mail needs the "commercial freedom" of the private sector to thrive, the government argued today.

Ministers have insisted that universal, six-day-a-week deliveries are guaranteed but despite the share "giveaway" to workers, the unions are opposed to privatisation calling it an "utterly reckless gamble".

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