Thatcherism returns with a vengeance: Royal Mail stock market flotation likely in autumn

Today’s announcement that Royal Mail is likely to be privatised by being floated on the stock market, probably in the autumn, and not by being sold to a private-sector rival, may be viewed as a harking back to what some see as the glory days of privatisation under Margaret Thatcher and John Major.

That is because it would be the first time in about two decades that a household name nationalised industry will have been sold to investment institutions and retail shareholders.

BBC News – Royal Mail stock market flotation likely in autumn.