PRIVATISATION OF ROYAL MAIL COMPLETE MADNESS.

MIKE WEIR: ‘PRIVATISATION OF ROYAL MAIL COMPLETE MADNESS’.

Mike Weir MP, SNP Westminster Business and Enterprise spokesperson has today (Monday) expressed concern over reports that the Business Secretary, Lord Mandleson, is considering privatisation of Royal Mail.

Commenting, Mr Weir said:

“The idea that Royal Mail could face privatisation is a step too far even for Lord Mandleson.

“Many of the problems currently faced by Royal Mail have arisen through previous attempts at liberalisation and privatisation.

“We have just witnessed a massive bail out of banks. New finance for business has all but dried up yet the Business Secretary appears to be considering the privatisation of Royal Mail. This is complete madness.

“While strong action is undoubtedly needed, privatisation is not the answer. We need a long term strategy which will protect postal services and allow them to flourish.

“Royal Mail is not just another business but has a huge social role, including the universal service obligation which is so important to many areas of Scotland.

“Further damage to Scotland’s postal services cannot be permitted.”