Royal Mail

The Government yesterday formally fired the starting gun on the flotation of the £3billion business, ending its 378-year history of state ownership. More: continued here

Some 150,000 Royal Mail workers are to start receiving details of the offer of free shares in the company under the Government's privatisation plan. More: continued here

Historic Royal Mail flotation greeted by strike callFinancial TimesMinisters vowed yesterday not to allow strikes to blow the privatisation of Royal Mail off course after they announced the world's oldest postal service would be sold on the stock exchange. Vince Cable, business secretary, said the government would … More: continued …

CBC.ca UK Royal Mail service to be privatized in coming weeksCBC.caThe British government has confirmed plans to privatize the country's 500-year-old Royal Mail this fall. Business Secretary Vince Cable said Thursday an initial public offering of a majority stake in the postal service was scheduled for the coming weeks. More: …

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