Green Party has today condemned plans to sell-off Royal Mail

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Responding to the announcement today by Liberal Democrat Business Secretary Vince Cable that a majority stake in the Royal Mail would be sold off by the government, Green Party leader Natalie Bennett said:

"The privatisation of Royal Mail is the latest ideologically driven, disastrous step by this government which is doing nothing to start the essential reshaping of the British economy, but is determined to hand over the last bits of the family silver to multinational companies.

"The approach of privatisation has proved disastrous for our water system, disastrous for our electricity and gas supplies, and particularly disastrous for our railways. Yet still the push towards it, from Margaret Thatcher through Tony Blair to David Cameron continues.”

Bennett added: "Green MP Caroline Lucas, with her private members' bill to bring the railways back into public ownership is leading the way to reverse this trend.

"What we need is for the Labour Party to show that it has broken with its New Labour past and back it. That would add a sense of verisimilitude to Labour’s criticisms in parliament today of the Royal Mail move."

Bennett offered congratulations to the CWU and the Royal Mail workers, who are resisting the government's attempts to buy them off with a share handout to staff.

"They understand that privatisation is a devil's pact that inevitably results in damage to staff pay and conditions, cuts to services, and profits stuffed into shareholder's pockets, all too often through the conduit of tax havens.”