Royal Mail

Royal Mail is set to sell one of its old central London mail centres to a real estate company for £111m in cash. The site, a one-acre area near Paddington railway station, was vacated in 2008 and it's part of a portfolio the postal operator says contains properties that are …

LONDON (Reuters) – Britain's Royal Mail is selling one of its old central London mail centres to a hotel and real estate company for 111 million pounds in cash. The postal operator, sold off in October last year to much controversy in Britain's biggest privatisation in decades, said on Tuesday …

Company sells to Singaporean consortium and could collect extra £20m if developer wins further planning permission Royal Mail has sold its former central London sorting office next to Paddington station to a Singaporean consortium for £111m. The newly-privatised company sold the one-acre site, which dates back to 1907 and was …

CITY A.M. Royal Mail row shouldn't see UBS barred from Eurostar role – Bottom LineCITY A.M.If shares turn green and jump considerably after a listing, you can end up with red faces all round – as demonstrated by last year's Royal Mail flotation. No one wants to get ripped off, …

Reuters UK Royal Mail to sell London property for 111 million poundsReuters UKLONDON (Reuters) – Britain's Royal Mail is selling one of its old central London mail centres to a hotel and real estate company for 111 million pounds in cash. The postal operator, sold off in October last year …

Yahoo News UK Royal Mail to sell London property for 111 million poundsYahoo News UKThe deal is expected to conclude on Dec. 8. If Great Western Developments sells the property within a year of purchase Royal Mail will be paid 50 percent of net sale proceeds above 111 million pounds, …

Royal Mail sets aside £18 million over French anti-trust probeOut-Law.comBy agreeing to settle and provide compliance commitments now, Royal Mail said it “will benefit from a reduction to any fine”. Royal Mail, which listed on the UK stock market one year ago, said last July that it had received a …

Royal Mail plc said it has set aside a total of £18 million after reaching a settlement agreement with the French competition authority over an alleged breach of anti-trust laws by its parcel delivery subsidiary General Logistics Systems (GLS) France. More: continued here

LLife in the private sector is proving tough and the shares have fallen by 31pc so far this year, Questor thinks the long term investment case remains More: continued here

Questor Editor John Ficenec says the firm still has a profitable future More: continued here