Jonathan Reynolds commenting on the development in the sale of Royal Mail

Jonathan Reynolds, Labour's Shadow Business Secretary, commenting the development in the sale of Royal Mail, said:

“Royal Mail is an iconic British institution with a unique place in our society and infrastructure.

"Labour will take the necessary steps to safeguard its undeniable identity and place in public life.

“These assurances are welcome that Royal Mail will retain its British identity and safeguard its workforce with no compulsory redundancies. Labour in government will ensure these are adhered to.

“While the Conservatives have ignored Royal Mail, Labour will ensure that it delivers once again for customers and postal workers.”