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IT'S NOT TOO LATE TO PRIVATISE ROYAL MAIL
Author(s) -
Senior Ian
Publication year - 2004
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.2004.t01-1-00489.x
Subject(s) - business , management , economics
In classical myth Cerberus was the three‐headed dog that guarded the entrance to hell. The Royal Mail Group (‘RMG’), as the holding company is currently called, is a three‐headed dog that should be put down. This paper examines the problems underlying RMG's three businesses ‐ letters, parcels and counters ‐ and suggests that if Cerberus were privatised as three ordinary dogs and the holding company abolished, they would have much better prospects of profitable survival.