Royal Mail privatisation by mid-October

Shares in Royal Mail will be sold by mid-October, with privatisation complete by 15 October - before the company's workers have a chance to strike over the move.

On Friday postal workers began voting on whether to take industrial action to oppose the plan.

Members of the public can apply for a minimum of £750 shares online until 8 October, while eligible Royal Mail employees can apply for a minimum of £500.

John Moylan reports.

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