The arrangement is “yet another example of this Government’s commitment to working hand in hand with business,” according to industry Secretary Jonathan Reynolds.
“We are striving to guarantee a financially secure Royal Mail with secure connections between communities that other providers cannot reach,” he said.
“Time for a new beginning” While many people worry that Royal Mail may end up in foreign hands, Dave Ward,
General secretary of the Communication Workers Union, said that the current situation would lead to the extinction of postal services altogether.
“The Royal Mail Group Board has been destroying the company for a long time and in the process have alienated their own employees completely,” he claimed.
Employee and industrial relations need to be completely reset and given a new beginning. “We are happy to have reached.
