Clients of a giant US investment bank that helped value Royal Mail have made up to £12million by quickly selling their shares. Goldman Sachs has already been rapped for advising the Government to price Royal Mail at £1billion less than it is currently worth. More: continued here
Read More »Cable Faces Scrutiny Over £4m Royal Mail Bonus – Sky News
The Independent Cable Faces Scrutiny Over £4m Royal Mail BonusSky NewsVince Cable, the Business Secretary, will come under pressure on Wednesday to cancel a £4m bonus fee for investment bankers as MPs step up their scrutiny of Royal Mail's controversial £3.3bn privatisation. Sky News has learnt that members of the …Revealed: …
Read More »Royal Mail fails to deliver union deal – Telegraph.co.uk
Telegraph.co.uk Royal Mail fails to deliver union dealTelegraph.co.ukA Royal Mail spokesman said: “Royal Mail and the CWU have made further progress in current talks on a new agreement covering industrial stability, pay and protections. On this basis, we have agreed to a further seven day extension of the legal validity …
Read More »Royal Mail fails to deliver union deal ahead of maiden results
Talks between Royal Mail and the CWU have been posted for another week while Vince Cable and Michael Fallon face MP grilling on the valuation of the company. More: continued here
Read More »Law firm Clifford Chance analyses Royal Mail’s property portfolio – The Guardian
The Guardian Law firm Clifford Chance analyses Royal Mail's property portfolioThe GuardianPhotograph: Matt Dunham/AP. Clifford Chance, the "Magic Circle" City law firm with links to some of the leading investors in Royal Mail, has been privately analysing the newly floated company's portfolio of 2,000 UK properties. News of the evaluation …
Read More »Cable Faces Scrutiny Over £4m Royal Mail Bonus
Vince Cable, the Business Secretary, will come under pressure on Wednesday to cancel a £4m bonus fee for investment bankers as MPs step up their scrutiny of Royal Mail (Other OTC: ROYMF – news) 's controversial £3.3bn privatisation. Sky News has learnt that members of the Business, Innovation and Skills …
Read More »Royal Mail delivers postal targets in Dundee – Evening Telegraph
Royal Mail delivers postal targets in DundeeEvening TelegraphAcross the country, 111 of 118 individual postcode areas met or exceeded their Quality of Service targets over the six months to the end of September — the Royal Mail's best performance at the half year stage since 2006/7. Royal Mail delivered 93.2 …
Read More »Royal Mail Plc’s £1bn Of Hidden Value – Motley Fool UK
Royal Mail Plc's £1bn Of Hidden ValueMotley Fool UK… have produced a special report on in which we evaluate the finances, risks and growth prospects of our favourite growth stock. Click here to get your copy for free. In this video, Owain Bennallack looks at the value of Royal Mail's …
Read More »Royal Mail sale grilling for Cable
The Government's controversial privatisation of Royal Mail will come under renewed scrutiny tomorrow when the Business Secretary will be quizzed again by MPs and the company will publish new financial results. More: continued here
Read More »Revealed: Goldman Sachs clients’£12m Royal Mail coup – The Independent
Revealed: Goldman Sachs clients' £12m Royal Mail coupThe IndependentA new analysis of Royal Mail's official share register by The Independent has found that Goldman Sachs offloaded around 4.5 million Royal Mail shares worth at least £25m between 31 October and 11 November – at the top of the market. The …
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