Hazzard says workers will pay for ‘Royal Mail firesale’ | Latest Newry News, Newry Sport and Newry Business for Newry City

Sinn Féin MLA Chris Hazzard has said that not only was Royal Mail sold off too cheaply but also that workers are now being made redundant to make even bigger profits for shareholders.

Speaking to Newry Times, Hazzard said, “The Royal Mail was set up in order to provide a first-class and secure postal service to everyone yet today it is under threat of being cannibalised to make big profits for a few.

“The decision to sell off the service at a cheap share price was nothing more than an opportunity for speculators and high financiers to make a quick killing.

Hazzard says workers will pay for ‘Royal Mail firesale’ | Latest Newry News, Newry Sport and Newry Business for Newry City.