The Edge

Richard Northedge takes on corporate finance

Archive for the ‘Royal Mail’ category

Give Royal Mail to the workers; don’t fiddle the books

The government is breaking every rule in its own book to get rid of Royal Mail and its pensions liability, but instead of selling the business, why not give it to the pension fund? That way the post would be owned by the people who can make it pay.
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Let the workers own the post

As the Royal Mail is worthless, the best solution is to give the business away. But who to? The pension fund or the trade union?

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