Royal Mail stake to be sold in £3bn to private foreign firm

The contract could be worth around £ 3 billion, less than one third of memberowned company that operates in the UK postal network will be sold to private companies. Traffic see a plan that would account for taxpayers Royal Mail from£ 7 billion pensions black hole - would be seen as the first step towards full privatization of postal services in the United Kingdom. It will be the first time in