Union leaders shrug off shares offer in Royal Mail privatisation fight

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UNION leaders have rejected the offer of free shares for staff in Royal Mail and pledged to fight privatisation.

About 150,000 employees are set to receive free shares as part of the plan to float Royal Mail on the Stock Market.

Gerry O’Rourke, Royal Mail Operations Director North, said: “I’m very proud I will be one of the owners of Royal Mail following flotation, along with my colleagues in the North of England and elsewhere around the country.

“I think this will engage everyone and encourage us to continue to work together to build a great future for Royal Mail.”

But Communications Workers’ Union regional secretary Paul Clays was unimpressed.

“They are still privatising what is a public service,” he told the Echo.

“What they are trying to do is not palatable. It is not palatable to the British public and it is not palatable to postal workers.”

He added: “The campaign will not stop.”