UKIP Deputy Leader Paul Nuttall MEP: “It is rarely mentioned in the media but three EU Postal Services Directives lie behind the destruction of the Royal Mail. UKIP opposed these which were implemented initially by Labour while in government.
“Under EU state aid rules the UK Government is strictly forbidden from helping the Royal Mail with taxpayers’ money and this means that in future it could go bust and completely disappear.
“This final part of the privatisation means we will be left with a completely destroyed Royal Mail, once a proud British institution that did so much more than just deliver letters. We can thank the EU for that.
“Even if it does survive I fear that Royal Mail could well end up 100% in foreign ownership, just like much of our utility companies and railways. What a sad outcome for this historic business.”