Labour vote to renationalise Royal Mail

Labour's annual conference in Brighton has voted to renationalise Royal Mail if the party wins the 2015 general election.

Delegates voted unanimously for the motion and also backed plans to renationalise the railway system.

Although the shadow cabinet will take notice of activists' views, Labour's policy making process means Ed Miliband will be free to ignore the result.

The postal service is due to float on the stock market within the next few weeks with a valuation of around £3bn.