Ian Murray MP, Labour’s Shadow Minister for Trade and Investment, commenting on the announcement by Royal Mail today of a consultation on job losses, said:

“No one wants to see job losses and today’s announcement will be unwelcome news for Royal Mail’s employees. It is crucial that Royal Mail’s management works closely with employees and unions to mitigate the impact of these changes and to prevent redundancies.

“Recent reports that Royal Mail’s Chief Executive could be set to receive a bumper payout will rub salt into the wound for those set to lose their jobs. We are clear that the government needs to use its remaining stake in the business to promote fairness and a long-term approach.

“David Cameron’s Royal Mail fire sale last year lost the taxpayer hundreds of millions of pounds and put the future of vital services at risk. The taxpayer has been left short changed at a time when services are being cut and families are struggling with David Cameron’s cost-of-living crisis.”

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