This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.
You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/uk_politics/7911526.stm
The article has changed 12 times. There is an RSS feed of changes available.
Version 0 | Version 1 |
---|---|
Royal Mail sell-off details due | Royal Mail sell-off details due |
(about 3 hours later) | |
The full details of the controversial bill to part-privatise Royal Mail are set to be unveiled on Thursday. | |
But in a letter to the Guardian, the leaders of eight unions condemned the plans as damaging and unpopular. | But in a letter to the Guardian, the leaders of eight unions condemned the plans as damaging and unpopular. |
The legislation will propose selling a stake of about 30% in the Royal Mail, to help modernise the service, and offer support for its pension fund. | The legislation will propose selling a stake of about 30% in the Royal Mail, to help modernise the service, and offer support for its pension fund. |
Business Secretary Lord Mandelson said he would listen to concerns about the plans but would not "duck" the issue. | Business Secretary Lord Mandelson said he would listen to concerns about the plans but would not "duck" the issue. |
Postal unions are opposed to the plans while more than 130 Labour MPs have publicly called for a rethink. | |
'Door is open' | 'Door is open' |
In a letter to the Guardian, the leaders of Labour's eight largest affiliated unions attacked the plans as "electorally unpopular, politically unwise and damaging to the concept of universal service provision". | In a letter to the Guardian, the leaders of Labour's eight largest affiliated unions attacked the plans as "electorally unpopular, politically unwise and damaging to the concept of universal service provision". |
They also accuse the ministers of breaking an agreement between the government and the trade union movement in the summer of 2008 to keep the service in public ownership. | They also accuse the ministers of breaking an agreement between the government and the trade union movement in the summer of 2008 to keep the service in public ownership. |
Lord Mandelson, writing in the Daily Mirror, admitted that he knew the issue was "politically different" but was determined to confront it head on. | Lord Mandelson, writing in the Daily Mirror, admitted that he knew the issue was "politically different" but was determined to confront it head on. |
There was angry condemnation of the plans at a union rally on Tuesday | There was angry condemnation of the plans at a union rally on Tuesday |
"My door is open and I will listen to these concerns," he said. | "My door is open and I will listen to these concerns," he said. |
"But we face a choice. We either let Royal Mail drift and do nothing. Or we take action to secure the universal postal service for the customer and secure the pensions of Royal Mail employees." | "But we face a choice. We either let Royal Mail drift and do nothing. Or we take action to secure the universal postal service for the customer and secure the pensions of Royal Mail employees." |
Ministers may make a statement in Parliament outlining government policy after the bill's publication. | Ministers may make a statement in Parliament outlining government policy after the bill's publication. |
Opponents say the plans break a Labour manifesto commitment to keep Royal Mail in public hands. | Opponents say the plans break a Labour manifesto commitment to keep Royal Mail in public hands. |
The government says the company will remain under public ownership while benefitting from much-needed investment and added expertise that a private sector partner would bring. | The government says the company will remain under public ownership while benefitting from much-needed investment and added expertise that a private sector partner would bring. |
As part of its reform package, the government government also intends to take on responsibility for the pension scheme, whose deficit is believed to be about £8bn. | As part of its reform package, the government government also intends to take on responsibility for the pension scheme, whose deficit is believed to be about £8bn. |
'New provision' | |
More than 130 Labour MPs - including a reported 11 parliamentary private secretaries - have signed a Commons motion rejecting the plan, saying it threatens Royal Mail's future. | More than 130 Labour MPs - including a reported 11 parliamentary private secretaries - have signed a Commons motion rejecting the plan, saying it threatens Royal Mail's future. |
Downing Street has denied reports the rebellion has spread to the cabinet, saying there was no differences of opinion in the Cabinet about the substance of the bill. | Downing Street has denied reports the rebellion has spread to the cabinet, saying there was no differences of opinion in the Cabinet about the substance of the bill. |
Introducing the bill on Wednesday, Lord Mandelson told peers the bill would "make provision for the restructuring of the Royal Mail Group and of the Royal Mail pension plan". | Introducing the bill on Wednesday, Lord Mandelson told peers the bill would "make provision for the restructuring of the Royal Mail Group and of the Royal Mail pension plan". |
It would also "make new provision about the regulation of postal services", he said. | It would also "make new provision about the regulation of postal services", he said. |
But while doing so, he was heckled by Lord Clarke, deputy general secretary of the postal workers' union in the 1980s. | But while doing so, he was heckled by Lord Clarke, deputy general secretary of the postal workers' union in the 1980s. |
The bill's first reading was essentially a formality which allows it to be printed so peers and MPs can see the proposals in detail. | The bill's first reading was essentially a formality which allows it to be printed so peers and MPs can see the proposals in detail. |
It will be debated in full at its second reading - expected on 10 March. | It will be debated in full at its second reading - expected on 10 March. |