Plans to
privatise the Royal Mail were announced today by business minister Michael
Fallon, who said that: "it is increasingly being run as a commercial
business, it has modernised thanks to the efforts of management and indeed the
workforce. It's been turned round in the last two or three years and it's ready
now to take its place as one of the great British companies.”
Ian Davidson,
President of Pitney Bowes GMS, said: “The Royal Mail must support small to
medium businesses in facing challenges as they seek to retain, acquire and
cross-sell their services in a tough economic climate. Without the
support of metered mail and secure discounts, the Royal Mail’s services could
be devalued due to the additional costs companies would have to absorb sending
business mail. If metered mail discounts are protected, then this
privatisation is something Pitney Bowes is prepared to support.”