Post Haste

In all the coverage of a possible Labour revolt over Lord Mandelson’s plans to sell off a third of Royal Mail, everyone seems to have forgotten the report from Mandelson's own department last year explaining why our postal service is facing an unprecedented financial crisis.



The report made clear that the chief cause of Royal Mail’s huge losses was Britain’s keenness to comply with three EU postal services directives, designed to end national postal monopolies by 2010 and to promote “cross-border” integration of the EU’s postal services. Telegraph