Rutland & Melton LibDems vote to save Post Offices
March 5, 2006 12:00 AM
At the Spring Conference in Harrogate, local liberal democrat members voted for the controversial proposal to separate the Post Office from Royal Mail in a bid to save more of our village post offices from closure.
The conference motion to separate the two organisations, keeping the Post Office in the public sector whilst retaining 51% of Royal Mail, was passed despite opposition from many members.
Rutland & Melton voters believed that this was the best way to save our rural post offices, as the money raised from the sale of shares would be used to keep post offices open.
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The proposals for the Royal Mail include plans for shared ownership under which just over half the shares are owned by the staff and the government with the rest sold to small investors and the markets.
The aim is to create a successful Royal Mail that protects services to households and allows the company the full commercial freedom to invest without having to compete with schools and hospitals for government capital.
The funds raised from the sale of shares would be used to create a £2 billion investment fund for the Post Office network - reinvigorating the existing branches and opening new ones where they are needed.
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