Media playback is unsupported on your device

TUC condemns Royal Mail flotation

11 September 2013 Last updated at 23:45 BST

The TUC's head of economics, Nicola Smith, has condemned the Royal Mail stock market flotation, which is set to begin on Thursday.

Business Secretary Vince Cable announced the government's intention to privatise the postal service through a stock market flotation in July.

But a formal "intention to float" statement may now come before the stock markets open in London.

Most watched

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.