Luke Pollard, Labour’s Parliamentary candidate in Plymouth Sutton and Devonport, today warned that plans by the Government to privatise Royal Mail could see jobs in Plymouth put at risk.
Commenting on Tory plans to list Royal Mail on the stock exchange, Luke said: ”Privatising Royal Mail is rushed, unwanted and unnecessary. It risks jobs, quality of service, stamp price hikes and must be stopped. I am strongly opposed to the sale.
“I have spoken to postal workers in Plymouth who fear that their jobs will be cut whilst prices of stamps hiked all so Royal Mail’s new private owners can make a profit. The universal service, where delivery to anywhere in the UK costs the same, could also be put at risk in this ill-thought through privatisation plan.
“In the South West we have seen the negative effect Tory privatisations have had. People in Plymouth are paying more than ever before for train tickets and their water, gas and electricity. It’s time to stop this unnecessary sale and keep the profits from Royal Mail going back into the business and not diverted to fat cat investors.”
Chuka Umunna MP, Labour’s Shadow Business Secretary, commenting on the Government’s announcement of an Initial Public Offering to the London Stock Exchange on Royal Mail, said: “Ministers are pushing ahead with this politically-motivated fire sale of Royal Mail to fill the hole left by George Osborne’s failed plan. This is taking place despite opposition from a huge coalition including the Conservative Bow Group, the Countryside Alliance, the National Federation of Subpostmasters, the cross party BIS Select Committee as well as Royal Mail employees themselves.
“The Government has not addressed the huge concerns which remain on the impact the Royal Mail sale will have on consumers, businesses and communities, but ministers are ploughing on regardless.”
(from a press release)