More Whitehall smoke and mirrors

Anyone one else under the impression we are going to see yet another Government con when it comes to Royal Mail?

The taxpayers, that is you and me, take on the £9 billion black hole of the Royal Mail pension scheme - which is a scheme much better than the one enjoyed by the vast majority who are paying for it through their PAYE contributions - while the Government raises cash by flogging off part of Royal Mail to some foreign outfit or a bunch of hedge fund, private equity cowboys.

I might be wrong but I suspect the bit being flogged off will not include delivering Christmas cards in the Highlands of Scotland or circulars to hill farms in Wales.

In a few years time, if Britain has not been repossessed by then, the Government will point to how well the cherry picking private bit is doing against the public bit, which is the bit actually providing the service, and the stage will be set for full privatisation as the only hope for a modern postal service (i.e. limited to easily accessible addresses in reasonably well populated areas).