Renewed concern over declining mail volumes
Plans to corporatise the Isle of Man Post Office have been put on hold indefinitely.
Chair of the board, Julie Edge MHK, made the unexpected announcement in Tynwald earlier.
Turning the organisation into a state-owned company has been on the political agenda for years.
The move was approved in principle last year and the finer points were due to be ironed out via a public consultation during the coming months.
Ms Edge now says renewed concern over declining mail volumes, future profitability and employee pension liabilities have led to all discussions being 'postponed for the foreseeable future.
Creamery working to solve the mystery of tight screw caps on cartons
Young people's bereavement drop in service coming to an end
Pub's inclusive toilet signs vandalised
£100K cash injection for energy efficiency scheme
Regulator investigates potential Manx Radio licence compliance issue