Union reacts to British plan to privatise Royal Mail
- 11 years ago
Britain's government on Wednesday announced plans to privatise more than half of Royal Mail, the state-run postal delivery service, following a major restructuring in recent years triggered by a surge in email use. Members of the Communication Workers Union (CWU) protested in London against the privatisation. Media reports say the part sale of Royal Mail could worth up to £3.0 billion ($4.5 billion, 3.5 billion euros). The government previously said that it intends to take on Royal Mail's pension fund, including its hefty deficit. Duration: 00:59