To view this content, you need to sign in.
You should only be asked to sign in once. Not the case? Click here
Register now to access this content and more for free.
UK pulls plug on multibillion Royal Mail deal
The UK government has decided to put the partial privatisation of the Royal Mail on hold in the current market downturn, as a sale in today’s market would not ensure value for taxpayers, according to business secretary Peter Mandelson. CVC had reportedly offered £2bn for a stake in the state-owned mail service but was rebuffed.
