The Royal Mail sell-off plan is daylight robbery of our postal serviceThe GuardianThis wretched government is now selling off Royal Mail, with the aid of a syndicate of banks headed by those well-known guarantors of the public interest, Goldman Sachs and UBS. The financiers will take home around £30m; over …
Read More »Royal Mail privatisation plans announced
Business Secretary Vince Cable has confirmed the British government will sell Royal Mail through a flotation on the London Stock Exchange. More: continued here
Read More »Postal workers to get shares in private Royal Mail
LONDON (AP) — The Royal Mail can trace its history back 500 years to the time of Henry VIII and its bright red “pillarboxes” grace streets across the UK — from the Scilly Isles to Scotland. More: continued here
Read More »Royal Mail Sale: Cable Outlines Flotation
Royal Mail staff will get free shares under the Government’s plans for the privatisation of the service, despite strong opposition to the sell-off among the workforce. The Business Secretary Vince Cable … More: continued here
Read More »Vince Cable set to present details of £3bn Royal Mail sell-off – Financial Times
Vince Cable set to present details of £3bn Royal Mail sell-offFinancial TimesRoyal Mail is “ready” to be sold off, the business minister said on Wednesday morning, kicking off the largest privatisation for two decades. Michael Fallon said the state-owned delivery service needed access to private capital to invest as it …
Read More »Royal Mail privatisation plans unveiled
The government on Wednesday announced plans to privatise more than half of Royal Mail following a major restructuring in recent years triggered by a surge in email use. More: continued here
Read More »Privatisation: The latest twist in Royal Mail’s history – ITV News
Privatisation: The latest twist in Royal Mail's historyITV NewsHenry VIII actor Ellis Pike poses with a blown-up version of the 1st class stamp. Photo: David Parry/PA Archive/Press Association Images. A plan to privatise the Royal Mail, which will see around 150,000 workers handed shares worth millions of pounds … More: …
Read More »Cable confirms Royal Mail flotation
Business Secretary Vince Cable has confirmed that the government will sell Royal Mail through a flotation on the London Stock Exchange. More: continued here
Read More »CVC Signals Royal Mail Interest As Float Looms – Sky News
CVC Signals Royal Mail Interest As Float LoomsSky NewsThe private equity firm that tabled a bid for Royal Mail four years ago has told the Government that it will revive its interest if attempts to privatise the postal services group through a stock market listing are unsuccessful. Sky News can …
Read More »Royal Mail will be given the freedom to thrive – Telegraph.co.uk
Telegraph.co.uk Royal Mail will be given the freedom to thriveTelegraph.co.ukThis year will be one of the most significant in Royal Mail's history. Its iconic red pillar boxes have graced our streets since the 1850s and it has since become one of Britain's biggest companies. But if we are to secure …
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