Exclusive: Ministers Target Early Royal Mail Sale
Tweet The Government is mulling the sale of a stake in Royal Mail before it presses the button on a stock market listing valuing the company at several billion pounds. I understand that Royal Mail...
View ArticleRoyal Mail adds advisers ahead of privatization
LONDON (Reuters) - Britain's state-owned Royal Mail Group GBPO.UL has added Bank of America Merrill Lynch (BAC.N) and Goldman Sachs (GS.N) as its advisers ahead of a planned privatization. Royal Mail...
View ArticleRoyal Mail adds advisers ahead of privatisation
LONDON Dec 17 (Reuters) - Britain's state-owned Royal Mail Group has added Bank of America Merrill Lynch and Goldman Sachs as its advisers ahead of a planned privatisation. Royal Mail also said that...
View ArticleRoyal Mail ropes in advisers before going private
Added At: 2012-12-18 3:22 PM Last Updated At: 2012-12-18 3:22 PM The Himalayan Times - Saved Articles(s) The headlines has been added to your saved article(s) To View your saved article(s)please Click...
View ArticleRoyal Mail refuses to rule out £1 first-class stamp
The price of stamps could continue to rise sharply, with Royal Mail refusing to rule out an eventual £1 charge for a first-class stamp. By James Hall, Consumer Affairs Editor 1:31PM BST 27 Mar 2012...
View ArticleBritain's Royal Mail Is Pulling Off A Turnaround That Puts USPS To Shame
Allegations Link Former Margaret Thatcher Aide To Pedophile Ring Hope For A British Economic Recovery Is Quickly Fading UK Conservatives Go Into Red Alert Over Emerging Pedophile Scandal Royal Mail is...
View Article£1,000 bank shares for everyone: Clegg urges Treasury to hand taxpayers...
Nick Clegg: 'Every adult should be handed free bank shares' Every adult in Britain could be handed free bank shares worth £1,000 when nationalised institutions are sold off. Under the unprecedented...
View ArticleRoyal Mail and the risks of privatisation
Chris Nicholson (Comment, 28 June) would have us flog the Royal Mail at bargain basement prices without learning the disastrous lessons of privatisations. He doesn't talk about the major comparable...
View ArticleRoyal Mail increases price of first-class stamp
The price of stamps could continue to rise sharply, after Royal Mail was given the freedom to set the price of its first-class stamps. UK first-class and second-class stamps By James Hall, Consumer...
View ArticleCost of stamps rises as Royal Mail gets new price-setting powers
First-class stamps to rise from 46p to 60p while second-class stamps will go up from 36p to 50p on 30 April Royal Mail announced that first-class stamp prices will increase from 46p to 60p and second...
View ArticleRoyal Mail 'must be sold' to save universal postal service, leaving...
Delivery at risk: Taxpayers are asked to subsidise Royal Mail or accept the abolition of the flat-rate postal charge The universal postal service could collapse unless the Royal Mail is sold off to...
View ArticleRoyal Mail's red letter day is still a long way off
One thing keeps getting delayed in the post: Royal Mail's privatisation. For the first time in three years, Royal Mail is throwing off cash – a £309m inflow versus last time's £52m deficit. An 8pc...
View ArticleWith one bound, Royal Mail is free - well, almost
Destructive union militancy tends to be as much the fault of bad management and poor public policy as monopoly enterprise and labour protectionism, so personally, I've never been inclined to blame the...
View ArticleGovernment to press on with Royal Mail privatisation
The Government is to press ahead with controversial privatisation plans for the Royal Mail after a report it commissioned warned that "urgent action" was needed to protect the service, it was...
View ArticleRoyal mail chief executive nets £1m
Moya Greene's salary for the last financial year was £498,000 and she also received £371,000 under a short term incentive plan, £200,000 in pension payments and £38,000 in other benefits, taking...
View ArticleRBS shares for all? That sounds like a real winner
Try as they might, bankers' popularity remains anchored somewhere below that of estate agents and traffic wardens. An industry that was once at the centre of communities is eyed with suspicion. Its...
View ArticleCore Letters Business Loses Royal Mail £100m
Royal Mail is poised to reveal its traditional letters business lost more than £100m last year, Sky News has learnt. Sky's City editor Mark Kleinman said figures to be released next week would show...
View ArticleStamp price hikes the first step to a private Royal Mail
First and second-class stamps for standard letters will both increase in price by 14p, upping their cost to 60p and 50p from the end of April, amid warnings from the postal service that its universal...
View ArticleRoyal Mail To Get New Price Freedoms
Royal Mail will be handed unprecedented power to set stamp prices under proposals to be outlined in the coming days, Sky News has learned. Ofcom, the media regulator, will say in a consultation...
View ArticleVince Cable to privatise 'inefficient' Royal Mail
The Royal Mail faces partial privatisation under new government plans to safeguard the universal postal service which unions warn would damage the service for consumers and businesses as well as...
View ArticleCable to privatise 'inefficient' Royal Mail
The Royal Mail faces partial privatisation under new government plans to safeguard the universal postal service which unions warn would damage the service for consumers and businesses as well as...
View ArticleRoyal Mail to be privatised or sold
Move by business secretary Vince Cable to introduce legislation to start the process raises fears the Royal Mail's universal service obligation could be at risk The Royal Mail delivers letters to...
View ArticleRoyal Mail profits fall as mail volumes decline
Royal Mail has reported sharply lower annual profits, due in part to falling mail volumes. Operating profit, including the costs of modernisation changes, was £39m in 2010, down from £180m in 2009,...
View ArticleGovernment looks to privatise Royal Mail
The government plans to start the privatisation of Royal Mail following its controversial decision to take on the postal operator's pension liabilities last week. The Financial Times reports that the...
View ArticleWhat does the Royal Mail pension transfer mean for scheme members?
How the government's proposals to take over the Royal Mail Pension Plan will affect its members … past, present and future The Royal Mail Pension Plan had more than 450,000 members in 2008....
View ArticleFears over jobs as Government unveils Royal Mail plans
Postal unions warned of job losses tonight after the Government unveiled its controversial plans to privatise the Royal Mail, revealing there would be no upper limit on how much of the business will...
View ArticleRoyal Mail Lines Up Privatisation Advisers
Tweet Royal Mail risks igniting a row over the multimillion pound costs of privatising the company after appointing a line-up of heavyweight City advisers to prepare the landmark deal. I have learned...
View ArticleRoyal Mail pension fund transfer due next month
Royal Mail pension fund assets and liabilities are set to be transferred to the government next month, subject to EU approval, the BBC understands. The move means that Royal Mail pensioners will enjoy...
View ArticleRoyal Mail Wants Freedom To Raise Prices
Royal Mail Group has reported a big fall in profits, blaming constraints on its pricing. Operating profit hit £39m in its last financial year, down from £180m in 2009/10. It carried 4% fewer items in...
View ArticleALEX BRUMMER: Hefty price for the Royal Mail as stamp increase announced
It will be small comfort to the pensioners forming the bulk of the queue in post offices up and down the land that a 30 per cent rise in postage stamp prices is necessary to prepare the Royal Mail for...
View ArticleProfit rise to pave way for Royal Mail float
Royal Mail boss Moya Greene is ready to deliver on plans for the most high-profile privatisation since the railways nearly 20 years ago. Separate reports over the weekend suggested that Royal Mail...
View ArticleVince Cable keen to speed up Royal Mail privatisation process
The government is attempting to sell an asset where it cannot hope to have a reasonable idea of good value Business secretary Vince Cable hopes to begin the process of selling off Royal Mail in the...
View ArticleChancellor set to announce Northern Rock privatisation
The chancellor will announce tonight that the bank whose collapse marked the start of the great crash of 2007-8 is to be privatised. Northern Rock is to be auctioned, with an expectation that the sale...
View ArticleMail privatisation will force thousands of post offices to shut
Privatisation of the Royal Mail could result in 4,400 post offices - more than a third of the national network - closing, according to an independent watchdog. Consumer Focus told The Independent on...
View ArticleRoyal Mail Pension Windfall To Go On Deficit
A £28bn windfall from transferring Royal Mail pensions to the state will be used to pay down the deficit rather than to invest in major projects, according to the Treasury. Officials believe the deal...
View ArticleBudget 2012: Can Royal Mail’s pension assets be called a ‘windfall’?
During his Budget speech Chancellor George Osborne gleefully announced that the transfer of £28 billion worth of assets from the Royal Mail to the Exchequer was a 'windfall' for the government....
View ArticleTreasury accused over 'phantom' £25bn windfall
The Treasury has been accused of sleight of hand over controversial plans to use a £25 billion “phantom” windfall to reduce the UK’s debts. George Osborne is to gain a £25bn windfall for the Treasury...
View ArticleTreasury row over 'phantom' £25bn pension fund windfall
The Treasury has been accused of sleight of hand over plans to use a £25 billion "phantom" windfall to reduce Britain's debts. The Chancellor plans to use the £25 billion gain to cut the deficit,...
View ArticleRoyal Mail: A £4bn sell-off waiting to be delivered
It's been lost in the post for a while, but Royal Mail's £4bn privatisation project finally looks like an imminent delivery. Yesterday the group dispatched first-class half-year results to the...
View ArticleRoyal Mail to sell off half its London sorting office
Planned redevelopment of Mount Pleasant site into flats triggers calls for sale profits to be reinvested into postal firm Royal Mail's Mount Pleasant office in London. Redevelopment of the site is...
View ArticleEU regulators clear Royal Mail pension revamp
LONDON (Reuters) - Privatisation of Royal Mail Group moved a step closer after EU regulators approved government plans to take on its deficit-ridden pension scheme. The European Commission said on...
View ArticleRoyal Mail pension assets sell-off could generate £25bn
Tories urge chancellor to spend windfall from investments to pay postal workers' retirement benefits on infrastructure projects Money has been invested in shares, bonds and property by the Royal Mail...
View ArticleChancellor to use Royal Mail pension pot to disguise privatisation costs
George Osborne to take on indebted scheme in budget in order to show a short-term boost to government's finances Royal Mail staff sort letters in Glasgow. The decision to nationalise postal workers'...
View ArticlePassing the postal parcel
Business Secretary Vince Cable has sent George Osborne a surprise gift as the Chancellor prepares for the toughest week of his political career. The Royal Mail will deliver £20bn to the Treasury...
View ArticleExclusive: Royal Mail To Deliver Float
Tweet The Government is to begin sounding out City investors about their appetite to buy shares in Royal Mail ahead of a potential flotation of the postal service. I have learned that ministers and...
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