Royal Mail Group plc is a public limited company wholly owned by the British Government and has over 200,000 employees.
In 1969 it was converted from a government department to a nationalised industry. The office of Postmaster General was abolished.
In 1981 the British Telecommunications Act split the Post Office Corporation into two nationalised entities - the Post Office and British Telecom. British Telecom was later privatised.
In 2000 Royal Mail renamed itself to Consignia to much ridicule. The British Government set up a postal regulator Postcomm and offered licences to private companies to deliver mail. In 2002 Consignia changed its name back to Royal Mail.
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