Privatisation plans for Royal Mail will be introduced in Parliament on Thursday,the issue has caused deep concern at the heart of Government with some Cabinet ministers urging Mr Brown to ditch the plans altogether.The former Work and Pensions Secretary Peter Hain yesterday became the most high profile figure to join the revolt after he added his name to an early day motion opposing the plans.
Business Secretary Lord Mandelson hinted that the Government could be prepared to offer some last-minute concessions to the rebels - including a provision in the bill requiring the Royal Mail to remain majority public owned.
Ministers want to sell a stake of about 30% to the private sector to help pay for the modernisation of the service.
Dutch postal group TNT has expressed an interest in taking a stake.
Other foreign companies who have been eye up its assets include the German parcel courier DHM, American giant FedEx and the Danish and Swedish post offices.
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