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UK Gov't Outlines Plans To Privatize Royal Mail

Posted by timothy on from the anarchy-in-the-uk dept.

Ellie K writes "After 500 years, Britain announced plans to fully privatize Royal Mail today. Shares of stock (common equity) will be offered to the public 'in coming weeks', according to Reuters. 10% of shares will be given to current Royal Mail employees, Deal size is estimated at $US 3 to 4.7 billion. Goldman Sachs and UBS were chosen as lead advisers." That doesn't mean you'll be able to buy a piece tomorrow, though; as the BBC's report notes, "The plans have provoked strong opposition from unions. The Communication Workers Union (CWU) is currently balloting members on strike action. Ballot papers are due to go out on 20 September to 125,000 Royal Mail workers. The earliest possible strike date would be 10 October. Plans to privatise the 250-year-old postal service have been on successive governments' agendas since the early 1990s."

3 of 220 comments (clear)

  1. Re:fattening the cow by Anonymous Coward · · Score: -1, Offtopic

    So i had this idea about piercing one of my testicles. Not the sac but the actual testicle. I mean i never heard of anybody else doing that before and that would just be so hardcore! Problem is - i keep passing out before i can get the needle all the way through. I just got a nut with a few shallow holes in it but nothing i can put a earring through. This is getting frustrating and i think i need help with it. I would be much too embarassed to ask my gf to do this and i dont think she would anyway. I have a male friend i trust to do it. But what do you think? Is letting my male friend touch my penis and balls area to pierce it, i mean that's not gay or anything right? Even if i think it might be pleasant? I am so confused here.

  2. Re:fattening the cow by Joining+Yet+Again · · Score: -1, Offtopic

    Is it gay when your male doctor gives you a butt exam? Perhaps only if you enjoy the process rather than the outcome?

    You report - you decide.

  3. Re:A natural monopoly is better than private compa by Joining+Yet+Again · · Score: 0, Offtopic

    Everything you say is true, but you need to rewrite it in paragraphs. It's annoying how some sensible arguments end up looking kooky merely because they're badly formatted.

    (Meanwhile, the worst kooks can be populist and eloquent, and end up leading powerful nations.)