Plans to privatise Royal Mail slammed

Angus MP Mike Weir has condemned the UK government’s plans to privatise Royal Mail.

“A privatised postal service in a competitive market will undoubtedly put pressure on the government to reduce the terms of the USO, as its competitors “cherry pick” the profitable urban routes leading to a reduced service in rural and less affluent areas,” he said.

“It is highly likely that Royal Mail will soon end up losing its independence and becoming part of one of the larger European mail companies, or worse still, fall into the hands of those seeking to asset strip the organisation.

“The only protection to the consumer is Ofcom, who have already lifted the price cap on most products, allowed competitors to establish delivery services on profitable routes and confirmed that they have no power to stop the introduction of different prices for different areas of the country.”