Thatcher wouldn't Adam'n'Eve it
September 12, 2013 6:40 AM Subscribe
After 500 years, the government of David Cameron has announced the unthinkable: from as early as today a majority stake in the Royal Mail of the United Kingdom of Great Britain and Northern Ireland will be put up for sale into private hands. Some are not happy. The sale is expected to fetch between US$3-4.7 billion. But what does it mean? Should you invest? And what does it mean for other postal systems in, say, Australia or the USA? Postal services have been benefiting from the rise in online shopping, even as traditional mail declines.
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