Royal mail sale is sign of Conservatives' desperation, says Labour
Rupert NeateLabour has accused the government of desperately pushing ahead with the £3bn "fire sale" of Royal Mail in order to "raise funds to cover the gaping hole in George Osborne's failed economic plan".
Chuka Umunna, the shadow business secretary, said there was a "distinct whiff of desperation" surrounding the privatisation of the world's oldest postal service. He accused the government of rushing into a saleout of a desire to quickly reduce a £245bn overshoot in government borrowing. He warned that a rushed sell-off could lead to "sub-standard services and people being ripped-off".
"This timing of this privatisation has the distinct whiff of desperation from a government that has borrowed £245bn more than it planned and is eager to dig itself out of that hole at any price," he said. "Ultimately it is the taxpayer who will lose out."
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"Royal mail sale is sign of Conservatives' desperation, says Labour", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), juin 2013. Consulté le 05/03/2024. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/royal-mail-sale-is-sign-of-conservatives-desperation-says-labour