Queen Elizabeth II’s head could soon banish from all future British postage stamps, if the UK government goes ahead with its controversial plan to privatise Royal Mail, a media report said.

According to Postal Affairs Minister Ed Davey, the proposed sell-off rules will let future private owners to stop using a representation of the English Monarch’s head which has appeared on every British postage stamp since Sir Rowland Hill invented them in 1840, the ‘Daily Mail’ reported.

British Ministers are now locked in frantic talks with Palace officials to discuss how the Queen will be represented — if at all — on future stamps if a legislation to privatise the Royal Mail is passed in Parliament.

But, the Buckingham Palace is upset with the proposed sale and this “anger” has been heightened by the fear that it could be rushed through in advance of the Queen’s 2012 Diamond Jubilee celebrations when a range of special stamps would be produced, the report said.

An insider was quoted as saying, “The Palace don’t like this privatisation at all but they are particularly keen to delay it until after the Jubilee if they possibly can. That could explain the delay.”

The Postal Services Bill to allow the sell-off, designed to raise up to 8 billion pounds for the cash-strapped British Government, is going through Parliament at the moment.

Britain is the only country in the world allowed to use the head of state’s symbol on its stamps, with every other nation required to use an abbreviation of the country’s name.