What are we going to call the Royal Mail when the Crown owns none of it?

The government has sold half of its remaining 30% stake in Royal Mail, raising another £750m for the Exchequer.

Postal workers will receive a 1% stake in the company worth about £50m, in addition to the 10% given to them when the government started its sell-off in 2013.

The remaining shares will be sold to institutional investors, such as pension funds.

The move has been criticised by Labour.

Source: Government sells half of its remaining Royal Mail shares – BBC News

Follow me on Twitter: @MidWalesMike

Join the Vox Political Facebook page.

If you have enjoyed this article, don’t forget to share it using the buttons at the bottom of this page. Politics is about everybody – so let’s try to get everybody involved!

Vox Political needs your help!
If you want to support this site
(
but don’t want to give your money to advertisers)
you can make a one-off donation here:

Donate Button with Credit Cards

Buy Vox Political books so we can continue
fighting for the facts.

Health Warning: Government! is now available
in either print or eBook format here:

HWG PrintHWG eBook

The first collection, Strong Words and Hard Times,
is still available in either print or eBook format here:

SWAHTprint SWAHTeBook

10 thoughts on “What are we going to call the Royal Mail when the Crown owns none of it?

  1. jeffrey davies

    once again this lot get away with selling our silver ware off but then how can you privitise the queens head hum its beyond belief that this government has damaged society so much I wonder if it will ever be fixed

    1. Mike Sivier Post author

      Not by the Labour Party if any of the current leadership candidates apart from Corbyn get to run it!

  2. hugosmum70

    so the ones who actually USE the ROYAL mail. don’t get a look in. even 1 or 2 shares would help us offset the rises that will inevitably occur as they did before.

  3. David Lindsay

    It will still be the Royal Mail. Specifically, the Kuwaiti Royal Mail. The symbols of our own monarchy on its stamps, postboxes and so on ought therefore to be replaced with this – http://en.wikipedia.org/wiki/Emblem_of_Kuwait.

    Then we might have some concept of what we had lost. And George Osborne’s best man might find himself among those caught up in David Cameron’s crackdown on international corruption.

    Osborne should be made heritably liable, by primary legislation, for the loss to the State from the privatisation of the Royal Mail. And of RBS, come to that. That is not as far-fetched as it sounds. Any Conservative majority of less than 100 is really a hung Parliament. They hate each other that much. The present majority is a very great deal less than 100.

  4. alistair lazenby

    HEADLINES….THE SUN NEWSPAPER, IN THE NEAR FUTURE. ROYAL MAIL DISBANDED, ALL TORY BUYERS,BANKS ETC LOSE BILLIONS, CAUSED BY CAMERON LETTING PRIVATE COMPANIES CHERRY PICK THE BEST CONTRACTS, ROYAL MAIL NO LONGER DELIVERS TO PARLIAMENT. MAJOR COMPANIES, FIRMS, NO ONE WANTS PRIVATE MAIL, ALL XMAS CARDS TO BE SEND TO AN INCINERATOR, PRIVATE MAIL COMPANIES TNT INCLUDED DO NOT WANT IT. HAPPY XMAS!…… CAMERON SHOT IN FOOT AND DIES. ONE SCUM DOWN MORE TO FOLLOW.

  5. Pete B

    We should Call it Tory Mail so when rural postage goes to pot,it will remind a lot of the rural Tories that they can suffer to.

Comments are closed.