As he points out, this was a profoundly stupid mistake made when privatising Royal Mail. It would have been trivially easy to do at that point, but now it's a lot harder. If the government decided that it does want to do this, it can't just pass a law that says "the PAF is now free" without paying hundreds of millions of pounds in compensation to Royal Mail. That's quite apart from the ongoing costs of maintaining th…
> profoundly stupid mistake Surely the PAF formed part of the sale price when privatising Royal Mail? So if you removed it before selling (at a lower price), or you buy it outright after, is there really that much difference making it a profoundly stupid mistake?
To take it would likely require either lengthy court battles or legislation. Given the priorities of the Labour Party, the latter isn't likely to happen within the next 5 years (when they'd have to add it to their manifesto).