Royal Mail Group Ltd. (RMG) workers voted for strike action less than a week after the U.K. postal service’s 1.7 billion pound ($2.72 billion) initial public offering, which unions say will put jobs at risk. More: continued here
Read More »Royal Mail: shareholders unable to sell as vital emails fail to arrive – Telegraph.co.uk
Telegraph.co.uk Royal Mail: shareholders unable to sell as vital emails fail to arriveTelegraph.co.ukMany people who bought Royal Mail shares through the official government website were still unable to sell their holdings this morning because emails containing a vital reference number, promised yesterday, have not arrived. The company running the …and more » …
Read More »Royal Mail workers expected to announce national strike
Royal Mail workers are expected to announce plans for industrial action on Wednesday in a bitter row over the company's sell-off, pay and pensions. More: continued here
Read More »Royal Mail: shareholders unable to sell as vital emails fail to arrive
Some people who bought Royal Mail shares still cannot sell them because they have not received crucial reference numbers promised yesterday. More: continued here
Read More »Strike threat to newly privatised Royal Mail – Channel 4 News
Herald Scotland Strike threat to newly privatised Royal MailChannel 4 NewsShares in Royal Mail gained 15p when formal trading started on the London Stock Exchange on Tuesday, making them almost 50 per cent more valuable than the government's price tag last week. They were first sold for 330p per share …
Read More »Royal Mail Shares: Vince Cable and Lazard Bankers to Face Parliamentary … – IBTimes.co.uk
IBTimes.co.uk Royal Mail Shares: Vince Cable and Lazard Bankers to Face Parliamentary …IBTimes.co.uk"Our priority has always been protection of the consumer through the universal service obligation, good value for money for the taxpayer, and a stable long term ownership structure that will enable Royal Mail to be a successful enterprise …
Read More »Royal Mail offers £300 to postal workers to cross picket lines – The Guardian
The Guardian Royal Mail offers £300 to postal workers to cross picket linesThe GuardianRoyal Mail's shares rose to 489p on Tuesday – 48% more than the government sold them for on Friday. If the government had sold the shares at 450p, rather than 330p, it would have made an extra …
Read More »Small investors poised for bigger role in wake of Royal Mail sale
Strong public demand for Britain's Royal Mail sell-off could mark the retail investor's return as a more regular player in share sales, potentially giving firms another source of cash and broadening share … More: continued here
Read More »Royal Mail was not floated too cheaply, says boss – Telegraph.co.uk
Royal Mail was not floated too cheaply, says bossTelegraph.co.ukSpeaking as Royal Mail officially listed on the stock exchange, Moya Greene, chief executive, echoed Business Secretary Vince Cable's view that the surge in Royal Mail's share price thus far was largely “froth”. She said: “I think he has called that … …
Read More »Union likely to announce strike at Royal Mail – BBC News
Union likely to announce strike at Royal MailBBC NewsPlans for a national strike at Royal Mail are expected to be announced by the main postal union later today. Polling by the Communication Workers Union suggests there will be both a large turnout in the ballot and an overwhelming vote for …
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