So seems that UK government are going to privatize Royal Mail. Royal Mail have commission an independent report on mail growth from 2013 to 2023.
This should be an interesting read for SingPost investors.
Mail volumes in the UK by and large suffers from the same trend as that of Singapore.
They probably have close business models, but different in concentration.
The report points to a 3-4% per annum traditional mail volume decline. The speed of the decline depend a lot on e-substitution by corporate institutions to electronic format.