Running fast to stay still

Lord Mandelson introduces the Royal Mail bill in the House of Lords

The working class has always to struggle to achieve benefits, the capitalist class will always attempt to erode any benefits when there is a downturn in business, contrast the billions of pounds given to banks with the government dealings with the post office

The Government today launched controversial proposals to part privatise the Royal Mail, sparking a fresh row over its plans to sell off part of the business.
It’s the way I tell them as the Irish comedian says, when it’s workers benefits the government have Lord Mandelson telling us on Wednesday he was determined not to walk away from the plans, despite the "political pain" - adding that without new investment the Royal Mail was in danger of running out of money.
He argues that the taxpayer cannot be expected to fund potential liabilities in the region of £8bn without seeing an improvement in the performance of the company.
The BBC's political editor, Nick Robinson, said that by introducing the bill in the House of Lords, the government had given themselves a couple of months to try to win the argument.
The Communication Workers' Union accused the government of trying to "scare" MPs into voting the plan through, by publishing a letter from Royal Mail pension fund trustees warning that it faces disaster if the sale does not go through.