UK to start selling remaining Royal Mail shares – OsborneReutersOsborne also said in parliament that government departments had found extra savings in the current financial year which along with the Royal Mail sale would generate around 4.5 billion pounds for the public coffers. ($1 = 0.6500 pounds) (Reporting by … More: …
Read More »Chancellor unveils £4.5bn extra savings including Royal Mail stake sell-off – The Guardian
The Guardian Chancellor unveils £4.5bn extra savings including Royal Mail stake sell-offThe GuardianDepartments have been ordered to find £3bn in savings, and the chancellor says he will also raise £1.5bn from the sale of the government's remaining 30% stake in Royal Mail. The cuts are in addition to the £13bn …
Read More »Market round-up: Royal Mail sale and interest rate announcement drag FTSE … – International Business Times UK
International Business Times UK Market round-up: Royal Mail sale and interest rate announcement drag FTSE …International Business Times UKAfter chancellor George Osborne announced the government will sell its 30% stake in delivery service Royal Mail for £1.5bn (€2bn), the company's shares went down 4.94%, making it the third-biggest faller of …
Read More »Royal Mail slides on government plan to sell off 30% stake – MarketWatch
Royal Mail slides on government plan to sell off 30% stakeMarketWatchShares of Royal Mail PLC RMG, -3.31% slid 3.2% in afternoon action on Thursday after U.K. Chancellor of the Exchequer George Osborne said the U.K. government will sell its remaining 30% stake in the company. "It is the right thing …
Read More »George Osborne announces Royal Mail sell off and deep spending cuts – Telegraph.co.uk
Telegraph.co.uk George Osborne announces Royal Mail sell off and deep spending cutsTelegraph.co.ukMr Osborne said: “I am today announcing that the Government will begin selling the remaining 30% shareholding we have in the Royal Mail. “It is the right thing to do for the Royal Mail, the businesses and families who …
Read More »Remainder Of Royal Mail To Be Sold Off – Sky News
Reuters UK Remainder Of Royal Mail To Be Sold OffSky NewsHe said the 30% Royal Mail stake – worth around £1.5bn – would be sold off this year. "I am today announcing that the Government will begin selling the remaining 30% shareholding we have in the Royal Mail," he told …
Read More »Royal Mail stake to be sold off, George Osborne announces – BBC News
Reuters Royal Mail stake to be sold off, George Osborne announcesBBC NewsThe government's remaining 30% stake in the Royal Mail is to be sold off to help pay down the deficit, George Osborne has said. The chancellor said the shares – currently valued at £1.5bn – would be sold when …
Read More »Government sells rest of Royal Mail – Financial Times
Mirror.co.uk Government sells rest of Royal MailFinancial TimesGeorge Osborne has announced the government will sell its remaining 30 per cent stake in Royal Mail to help reduce the deficit. The chancellor announced the £1.5bn sell-off in the House of Commons on Thursday. “There is no reason we should hold a …UK …
Read More »Royal Mail PLC Earns “Neutral” Rating from Citigroup Inc. (RMG) – Dakota Financial News
Royal Mail PLC Earns "Neutral" Rating from Citigroup Inc. (RMG)Dakota Financial NewsCitigroup Inc. restated their neutral rating on shares of Royal Mail PLC (LON:RMG) in a research note issued to investors on Tuesday. The firm currently has a GBX 531 ($8.12) price target on the stock. Citigroup Inc. has also …
Read More »Osborne announces plans to raise £1.5bn by selling remaining stake in Royal … – The Guardian (blog)
Osborne announces plans to raise £1.5bn by selling remaining stake in Royal…The Guardian (blog)Osborne announces plans to raise £1.5bn by selling remaining stake in Royal Mail – Politics live. Rolling coverage of all the day's political developments as they happen. No 10 to write to Ipsa demanding rethink on MPs' …
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