Mandelson suffers setback after plans to privatise Royal Mail shelved

The HeraldJune 30, 2009

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Summary


LORD Mandelson, the Business Secretary, suffered his clearest setback since rejoining Gordon Brown's government yesterday when he had to admit that his plans to sell a 30per cent stake in the Royal Mail are on hold.

The admission by the Prime Minister's closest cabinet ally that the privatisation legislation was being "jostled for space" in the legislative programme and will now happen "later" delighted Labour backbenchers who had threatened a Commons revolt on the issue that could have split the party.

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Mandelson suffers setback after plans to privatise Royal Mail shelved

The measure was due to go to parliament before the summer recess but the Business Secretary said ...

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