Royal Mail to sell off half its London sorting office
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Royal Mail to sell off half its London sorting office

Mount Pleasant : SC : USA | May 13, 2012 at 4:22 PM PDT
Source: Guardian Unlimited
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Redevelopment of the site is unlikely to be completed until after the privatisation of the postal service. Photograph: AP Royal Mail plans to sell off half its flagship sorting office in central London with the transformation of the five-hectare (12-acre) site into flats, netting the postal service... FULL ARTICLE AT Guardian Unlimited
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Former prime minister Gordon Brown's Labour government scrapped plans to part-privatise Royal Mail in July 2009
Former prime minister Gordon Brown's Labour government scrapped plans to part-privatise Royal Mail in July 2009
 
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    Mount Pleasant - into a prime residential hub will be submitted next spring, as the group tries to boost its value ahead of a 2014 privatisation. The 12-acre former prison site in north London is undergoing a 32 million pound ($51.72 million)...

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