1. jimmy the crab says:

    Yes it was. It emerged as a monopoly granted to private individuals. The postal network was built by businessmen (largely through coaching stations) and only gradually came under state ownership, but was effectively nationalised with the takeover of the National Telephone Company in 1912.

  2. George it belonged to the tax payer, you’ve sold it off at a massive loss to private individuals who will make an immense profit from it. So how do we as tax payers benefit? Dull boy, see me.

  3. Mr Osborn the Royal Mail belonged to the tax payer, you’ve sold it off at a massive loss to private individuals who will make an immense profit from it. It was never your to sell.

  4. I always saw a problem of having a History Graduate as a Chancellor, the previous but one tenant of number 11 was similarly educated, but it appears the man who would be king has clay feet and no understanding of his subject. Does the Term Royal not mean anything to you Georgy, belonged to the us and if you like the Sovereign gave it the title Royal Mail.

  5. Osborne, you can’t even get this right. Its little wonder you can’t get the more important stuff right either. Royal Mail sold off to your city chums at a massive discount. Cutting public sector spending and aiming for budget surpluses when we have millions of under employed people in the economy is madness. You and capitalism have failed this generation. You and this government will be responsible for the depression that is the inevitable outcome of this fiscal policy. Massive and growing private debt, lent by your friends in the city, will drag the economy to its knees and you don’t even see it as an issue. Not even a passing reference in the autumn statement. You are a disgrace.

  6. Osborne was right though, for a long time the royal mail was a private monopoly. Moves to bring it into government hands started under Cromwell, and was purely so that his Spymaster could intercept and read the mail…

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