Royal Mail

Britain to float Royal Mail within weeksReutersLONDON (Reuters) – Britain embarked on its largest privatization in decades on Thursday as the government unveiled plans to sell the majority of the near 500-year-old state-owned Royal Mail postal service. The Department for Business said a stock … More: continued here

The Guardian Royal Mail workers at Mount Pleasant split over merits of privatisationThe GuardianRoyal Mail staff leaving the company's vast Mount Pleasant complex in central London showed a split in attitudes towards planned privatisation: rank-and-file staff vehemently opposed; management warily in favour. Colin – all those spoken to preferred … …

The Guardian Royal Mail flotation: banks to collect millions for advisory roleThe GuardianBankers, lawyers, accountants and PR firms will collect millions of pounds of government cash from advising on the Royal Mail flotation, with investment banks alone earning around £15m. One of the biggest winners from the deal will be …

Is privatisation the right move for Royal Mail – and for us?Channel 4 NewsIn a move not even sanctioned by the ultra capitalist Margaret Thatcher in the 1980s, the government has kickstarted the process of selling shares in Royal Mail in an initial public offering expected to be worth almost …

The Guardian Royal Mail staff set to strike after ministers unveil plans for £3bn sell-offThe GuardianBilly Hayes, deputy general secretary of the Communication Workers Union (CWU), said Royal Mail's 150,000 workers would not stand by and watch "people in the City and the board make a killing from a privatisation …

Royal Mail Group Ltd., the U.K.’s 360-year-old postal service, announced plans for an initial public offering to help raise funds that will let the delivery company regain a competitive edge against European rivals. More: continued here

The Guardian Royal Mail sale is vandalism and must be stoppedThe GuardianThe government insists that Royal Mail is in competition with schools and hospitals for investment – utter rubbish. There are dozens of alternatives to privatisation. Take Network Rail – a publicly owned company that, through special arrangements on … …

BBC News Can a private Royal Mail deliver?BBC NewsSome shares will go to staff, and the public will be able to buy some too. Unions are unhappy, while proponents argue it is long overdue. So what does the future hold for the 500-year old postal delivery service? In the past …

Telegraph.co.uk Royal Mail privatisation: Government confirms flotation within weeksTelegraph.co.ukRoyal Mail chief executive Moya Greene will meet 1,200 union representatives at a private meeting in Birmingham at 11am on Thursday in a last-ditch bid to win their support for the move and avert a crippling nationwide strike in the run-up to …

Britain's Royal Mail to be sold off to private investorsLos Angeles TimesLONDON – Britain's Royal Mail, whose origins date back to the reign of Henry VIII, is to be sold off to private investors, the government announced Thursday, setting up a bitter battle over the selling of a national icon. …