The Tories started the Post Office privatisation, but got shit scared of the public reaction and gave up. Now, New Labour are boldly going ahead. It seems they have learned nothing from the tragic results of rail privatisation, with profiteering leading to killing. Blind to logic and reason, driven by Thatcherite dogma, they are pushing on regardless.
New Labour make promises they can't or won't ever keep. Tory slogan? Alas yes but (also alas) it is true. Since New Labour came to power, they have presided over a Post Office preparing for privatisation. With the recent announcement that the Post office is to become a public limited company on March 26th, this is now a step closer.