One of the district’s MPs has urged Royal Mail employees to take advantage of a Government pledge to make ten per cent of the company’s shares available to them when it is privatised.
Former Bradford Council leader Kris Hopkins, the MP for Keighley, spoke in the House of Commons to remind MPs that more than 90 per cent of BT staff registered to participate in the share sell-off when that firm was transferred to the private sector.
And he asked Business Secretary Vince Cable: “Do you agree that everybody in this House, and outside, should encourage as many Royal Mail employees as possible to participate in and benefit from shares in a sale?” Responding, Dr Cable said he “totally” agreed with the Keighley MP.
“It is very much the Government’s intention to make the offer attractive to employees, while balancing the overall value for money for the Government and the interests of other stakeholders,” he said.
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