Royal Mail

The tax payer can no longer afford to run a national postal service because doing so diverts money away from hospitals and schools, the postal services minister will say today.         More: continued here

Royal Mail privatisation on trackIndependent OnlineRoyal Mail, whose history dates back to 1516 and King Henry VIII, and the government, argue access to external capital is vital to the firm if it is to continue shifting its business towards a future focused more on parcels. As part of the government …

The Guardian Royal Mail staff to be offered up to £2000 each as part of privatisationThe GuardianThe government has already committed to granting 10% of the shares to Royal Mail staff, but has yet to state whether they would be given away for free or at a steep discount. Sources …

Peterborough Royal Mail workers return to workBBC NewsRoyal Mail spokesperson Sally Hopkins said: "We'd like to apologise to customers for the recent disruption to service as a result of the unballoted industrial action taken by the Communication Workers Union over the last few days. "We're doing all we … More: …

Communications union says postal workers will not ‘sell their souls’ for a 10% stake in the ‘great British flog-off’ More than 100,000 postmen and women will be promised a personal windfall of up to £2,000 each as part of the controversial £3bn privatisation of Royal Mail. Vince Cable, the business …

(Reuters) – Royal Mail employees will get shares that could be worth as much as 300 million pounds as part of the British government’s plans to list the state postal operator, Sky News reported, in what would be Britain’s biggest privatisation in decades. The shares would be handed to employees …

One of the City’s leading fund management executives is backing a £3bn flotation of Royal Mail on the eve of a Government update on plans to privatise the postal operator. More: continued here

MANAGERS have had to go out and deliver the post after workers at the Royal Mail office in Basingstoke took action over “unrealistic workloads”. More: continued here

Evening Standard UK Said to Announce Public Offering of Royal Mail TomorrowBloombergThe sale of Royal Mail will be the largest privatization in Britain since former Prime Minister John Major broke up the country's railway in the 1990s. The 360-year-old company, one of the nation's biggest employers with about 159,000 staff, …

Postal workers in Basingstoke take action over 'unrealistic workloads'Basingstoke GazetteMANAGERS have had to go out and deliver the post after workers at the Royal Mail office in Basingstoke took action over “unrealistic workloads”. About 200 staff from the delivery office in Priestley Road met with a representative from the Communication … …