Private Letters

Rejoice! And again I say, rejoice! The privatisation wheels are turning again and the British postal system is going the way of all flesh towards liberalisation. Having made the State-run monopoly, Consignia, run under its own internal management and revenues for a short time, the government beheld the haemorrhaging of cash and is now on the threshold of making a very sensible decision. Either subsidise the one million pound a day losses or get out of the postal business altogether. Obvious choice, to me at least. The Consignia chief executive bemoaned the fact that it is taking 28 pence to … Continue reading Private Letters