Plans to privatise Royal Mail should be postponed to prevent an even deeper crisis for Britain's post offices, the Government has been warned. More: continued here
Read More »Royal Mail privatisation 'will plunge post offices into crisis'
The Post Office network will be plunged into crisis with dozens of closures if Royal Mail is privatised, ministers were warned today. The National Federation of SubPostmasters urged the Government to delay the £3billion sale until the PO network’s future is secured. More: continued here
Read More »ALEX BRUMMER: Cutting loose Royal Mail – should the Government ensure that it has a golden share?
Legislation to bring the Royal Mail into the private sector has been on the books for almost two years and it has almost come to fruition. But what long-term effects would privitisation have? More: continued here
Read More »ALEX BRUMMER: Cutting loose Royal Mail – should the Government ensure that … – This is Money
This is Money ALEX BRUMMER: Cutting loose Royal Mail – should the Government ensure that …This is MoneyMichael Fallon was injected into the Department of Business as a minister with the aim of providing some steely, private sector values. Among his key aims is to free the Royal Mail (delivery …
Read More »Royal Mail takes step towards privatisation – Reuters UK
Royal Mail takes step towards privatisationReuters UKLONDON (Reuters) – The Royal Mail moved a step closer to privatisation on Thursday after the appointment of a firm to set up an employee share scheme, one of the pre-conditions for a sale. Under the 2011 Postal Services Act, which paves the way …
Read More »Business news in brief: Bernard Matthews | Tesco | Royal Mail | Tumblr – Scotsman
Business news in brief: Bernard Matthews | Tesco | Royal Mail | TumblrScotsmanRoyal Mail is expected to pave the way for a £3 billion stock market flotation when it unveils a big jump in annual profits this week. The state-owned business should report a surplus of between £300 million and …
Read More »Royal Mail workers in North Hertfordshire balloted on privatisation plans – Comet 24
Comet 24 Royal Mail workers in North Hertfordshire balloted on privatisation plansComet 24Members of the eastern branch of the Communication Workers Union (CWU), based in Stevenage, will have their say on privatisation proposals for Royal Mail from Wednesday. The Government is yet to decide if the company will be floated …
Read More »Britain's post offices tell Government: 'Don't sell off Royal Mail'
The £2billion sell-off of Royal Mail should be postponed, Britain's post offices say today. More: continued here
Read More »Royal Mail float sealed by profits – Express.co.uk
Royal Mail float sealed by profitsExpress.co.ukSome of the stock could be offered to the public. The Royal Mail, which delivers parcels and letters, generates annual turnover of about £9 billion and employs 150,000 people. The latest full-year results to March 31, 2013, are due to be unveiled on … More: …
Read More »Royal Mail set to deliver bumper profits on back of online shopping boom – Telegraph.co.uk
Royal Mail set to deliver bumper profits on back of online shopping boomTelegraph.co.ukThe strong performance will boost Royal Mail ahead of its planned £3bn stockmarket listing, expected later this year, in what would be the biggest privatisation for 20 years. The results will also mark an impressive turnaround for a …
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