The Only Way Royal Mail can Have a Healthy Future.

The Government is absolutely right to push ahead with the privatisation of Royal Mail for a number of reasons.

Firstly, it is the only way for the company to have a healthy future.

Secondly, whoever takes over must ensure that staff and customers come first and I believe that by offering employees an 8.6% pay increase over the next three years the Government is committed to just that.

Thirdly, Royal Mail needs capital to invest and privatisation will do that too by providing access to the capital markets.

Fouthly, the fact that shares will be offered for sale to the public provides an investment opportunity too.

And finally, like it worldwide competitors, Royal Mail needs to modernise, be more streamlined and much more competitive in order to compete in the new age of internet shopping, more parcels and less letters.

Only privatisation can do this.