Franking Machines

The government has insisted that plans to part-privatise Royal Mail will go ahead despite strong opposition from Labour backbenchers.

Royal Mail itself is never far from the headlines and the government plans are the latest in a long line of controversies.

Royal Mail has also been heavily criticised after increasing the price of both first and second class stamps by 3p. Many businesses are already struggling and are seeking ways to reduce the cost of sending post.

Royal Mail posted a profit of £321 million for the year ending 31^st March. All four areas of Royal Mail posted a profit for the first time in 20 years.