Skip to main content
Article thumbnail
Location of Repository

A state-owned Post Bank could restore trust in UK retail banking, reinvigorate Royal Mail and tackle financial exclusion

By Christopher Gilson


The Royal Mail faces an uncertain future with a pension shortfall of over £10 billion and declining letter volumes due to the rise of email and social networking. Chris Gilson argues that rather than fully privatising Royal Mail, the government should resurrect Labour’s plans create a new ‘People’s Post Bank’ , which would provide Royal Mail with new revenues and provide a Universal Banking Guarantee to those in need

Topics: HG Finance
Publisher: Blog post from London School of Economics & Political Science
Year: 2010
OAI identifier:
Provided by: LSE Research Online

Suggested articles

To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.