Friday, September 10, 2010

The Royal Mail BLACKMAIL

BBC News: Reports that the Royal Mail will either be sold or privatised as to make it more efficient and profitable, the move is opposed by the CWU, the postal union. This story recalled a story in the memoirs of Lord Peter Mandelson ( The Third Man, Life at the Hart of New Labour. P 478-480), while he was Business Secretary a first report by Richard Hooper also suggested moderate reform of the Royal Mail, even Gordon Brown who had opposed reform while Chancellor supported the move, but the Trade Union is a big donor to Labour and in essence blackmailed Labour MPs that they would not get any cash to fight the forthcoming election, the plan was dropped due to Union pressure. Lets hope the Coalition Government does not buckle under Union pressure, in the age of the internet the Royal Mail has to reform or go out of business in the near future.

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