Qualified advisers answering your
Financial Questions
call 0800 092 1245

Unions confront Lord Mandelson over Royal Mail

UK postal unions have today confronted Peter Mandelson whom they believe has refused to enter the fray with regards to the ongoing strike action purely and simply because his privatisation plans were scuppered some weeks ago. The UK government has been firmly behind the reorganisation of the Royal Mail and had intended to sell off a significant portion of the profitable side of the operation to an overseas investor. Lord Mandelson has been pushing this issue for many months and was rumoured to be furious when the government finally caved in to union demands.

In what many believe is payback time, the UK government has refused to become involved in the ongoing strike action and left Royal Mail management and unions to fight their own battles. Ultimately, without the backing of the government it seems as though the union's actions will be futile in the medium to longer term. The government has already shown its hand with regards the future of Royal Mail, which it sees as firmly in the private sector with third parties likely to become involved in the future.

There is also growing concern that the strike action at Royal Mail could be the start of another bout of union versus management conflict in other areas of the UK economy - all at a time when the UK economy has been showing signs of potential recovery.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details