Tuesday 11 February 2003

Blundell Mail PLC?

John Blundell thinks that it is time to privatise the Royal Mail. Why not?
In 1680, a merchant, William Dockwra, offered to deliver all letters and parcels under 1lb for a penny. It was a huge success. He was suppressed and punished as the Duke of York, the Kings’s brother, had an income from the Post Office revenue. His Majesty’s security could not be challenged by impertinent entrepreneurs offering cheaper or faster deliveries.
The state is not your friend.