Landsdowne grabs huge stake in Royal Mail
Hedge fund Lansdowne Partners has taken a big stake in the Royal Mail sell-off, sparking controversy that not enough was given to UK pension funds. More: continued here
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USPS junks stamps that set ‘bad example’ for kids
Hey, kids, don’t try this at home. An entire press run of a new stamp series will reportedly be destroyed by the cash-strapped US Postal Service because it shows potentially… More: continued here
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Royal Mail Shares: Thousands Miss Out – Sky News
Royal Mail Shares: Thousands Miss OutSky NewsThousands of UK taxpayers will miss out on the biggest privatisation in a generation after the Government confirmed the sale of nearly £2bn of shares in Royal Mail. Ministers confirmed after the UK stock market closed on Thursday that they would price … More: continued here
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What should you do with your Royal Mail shares? – The Guardian
The Guardian What should you do with your Royal Mail shares?The GuardianPeople who bought through the Post Office can also sell their shares through a postal instruction, using the dealing form that will come with the confirmation of allocation. The cost will be 0.75% of the transaction, again subject to a minimum charge …UK Sets…
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Post office will get a revamp
Kirkham Post Office is to get extended opening hours following a revamp. More: continued here
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Royal Mail Stock Jumps 38% on First Trading Day After IPO – Bloomberg
BBC News Royal Mail Stock Jumps 38% on First Trading Day After IPOBloombergRoyal Mail Group Ltd., Britain's 360-year-old postal service, jumped as much as 38 percent on its trading debut, heightening criticism of an initial public offering that opposition politicians say was underpriced. Royal Mail (RYE) shares, sold to …Royal Mail shares jump sharply on…
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WHSmith could be new home for Carmarthen's Crown Post Office
CARMARTHEN'S Crown Post Office may be moved to WHSmith in the town if proposals are approved. The Post Office says the service could be moved from its current site at 9-10 King Street and relocated to WHSmith in Guildhall Square. More: continued here
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Royal Mail shares priced at 330 pence in oversubscribed sale – Reuters UK
Royal Mail shares priced at 330 pence in oversubscribed saleReuters UKLONDON (Reuters) – Britain sold a majority stake in Royal Mail at 330 pence a share on Thursday following massive investor interest that values the postal service company, known worldwide for its iconic red postboxes, at 3.3 billion pounds. In one of … More: continued…
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Royal Mail shares jump sharply
Shares in Royal Mail rise as high as 456p in conditional trading – up 38% on their initial 330p offer price – before easing back. More: continued here
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Royal Mail share float: live
Conditional trading in the Royal Mail has started with a bid of 450p – 36pc above to the 330p float price in one of the most popular share offers in UK history. More: continued here