Despite his best efforts, David Cameron couldn't bluster his way through the questions asked of him about his government's handling of the Royal Mail sell-off at Prime Minister's Questions on Wednesday. The fact of the matter is that his government lost hundreds of millions of pounds for taxpayers, who have now been deprived of a treasured national asset.
Perhaps it was the heat of the moment, but Cameron falsely claimed that Labour committed to privatising the Royal Mail in our 2010 manifesto. This is categorically untrue. We recognised, and still do, that the universal postal service delivered by the Royal Mail is a service that connects and binds us together as a country. Critically, for that to continue, ongoing modernisation and investment will be needed by the Royal Mail in the public sector. We stated that in our manifesto. Cameron must now do the right thing: retract his statements and correct the record.