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Politicians have condemned the UK government’s plans to privatise the remaining 30% stake in the Royal Mail.

 

They warn the move may threaten postal services and deliveries in the islands.

 

Proceeds for the  £1.5 billion sale would help pay down the deficit said Chancellor George Osborne.  

 

Angus MacNeil MP said the SNP is "resolutely opposed" to the sell-off.

 

he said: "The total sale of Royal Mail to the private sector is giving away the family jewels.

 

Royal Mail privatisation plan condemned  

9 June 2015

“Last year the National Audit Office concluded the sale of Royal Mail was rushed at the expense of value for money, but now the Tories are just carrying on regardless.

 

"The implications of a privatised Royal Mail seeking to dilute or end the Universal Service would increase the cost of doing business in rural areas, it could lead to centralised collection of mail and make life very difficult for those who rely on mail services in rural and remote areas.

 

“This is a sneaky manoeuvre by George Osborne – which he and David Cameron kept very quiet about during the general election campaign and the SNP will continue to argue against this every step of the way.”

 

Labour MSP Rhoda Grant said: “The Government were guilty of ripping of the tax payer in 2013 by grossly undervaluing the worth of this historic institution, part of the fabric of our nation; shares sold for £1.7bn at privatisation and are now worth £2.7bn.”

 

“The Highlands and Islands are particularly vulnerable to the knock on effects of privatisation. I will fight tooth and nail to oppose the sale of the remaining 30% of the Royal Mail that is in public hands to help protect and secure deliveries to rural areas, preserve the six days a week universal service and ensure the Post Office network remains viable.