Royal Mail: A £4bn sell-off waiting to be delivered

It’s been lost in the post for a while, but Royal Mail’s £4bn privatisation project finally looks like an imminent delivery. Yesterday the group dispatched first-class half-year results to the Government’s doorstep: hitting Britons with stamp price hikes of up to 40 per cent helped Royal Mail to post a 12 per cent jump in half-year, pre-tax profit to £115m.

Read more: Royal Mail: A £4bn sell-off waiting to be delivered – Business Analysis & Features – Business – The Independent.