Royal Mail

The British government's transfer of some Royal Mail (LSE: RMG.L – news) shares to staff as part of the postal group's privatisation added 300 million pounds ($483 million) to public borrowing last month, the Office for National Statistics said on Tuesday. In a statement on how accounting rules applied to …

IBTimes.co.uk Royal Mail Shares Sale to Add £300m to Government Borrowing FiguresIBTimes.co.ukRoyal Mail's privatisation will add £300m to the government's borrowing figures for October because the 10% of shares handed to employees counts as a gift from the public to the household sector, said the Office for National Statistics. Moreover, …

Bankers to argue Royal Mail float was transparentCITY A.M.BANKERS summoned to give evidence to the Business Select Committee tomorrow are expected to argue they would have risked the flotation of the Royal Mail collapsing if they had tried to re-price it upwards at the last minute. They will also argue …

Plymouth Herald Royal Mail in Plymouth present £9000 to local charitiesPlymouth HeraldChairman of Royal Mail's local fundraising group, Jeff Maddison, said “The generosity of our staff never ceases to impress. “In addition to the many that donate direct from pay, events take place throughout the year to raise even more …

Plymouth Herald Pasty helps Royal Mail raise £1600 for Children in NeedPlymouth HeraldA giant Children in Need shaped pasty made by Ivor Dewdney was included in the fundraising events. Proceeds from the raffle that included the pasty contributed to the £1,600 raised by all three shifts at the Plymouth MDEC …

Wigan Today Positive talks in postal rowWigan TodayBut progress made during intense negotiations between the union and Royal Mail in the two weeks since industrial action was called off has now led to a seven-day extension of the validity of the industrial action ballot. Both sides say that this is …

The Times (subscription) Royal Mail plays deal or no dealThe Times (subscription)Given that Royal Mail's shares are changing hands at 560p on the stock market, it's a compelling narrative that October's flotation price of 330p grossly undervalued a national treasure. Top bankers from Goldman Sachs and UBS are steeling themselves …

The Royal Mail will mark the bicentenary of novelist and pillar box pioneer Anthony Trollope's birth in December with a set of stamps. More: continued here

Press TV Banks to be quizzed over UK Royal Mail sell-offPress TVAdvisors from multinational investment banking firm Goldman Sachs and financial services company UBS will appear before British parliamentarians this week to answer questions over the flotation of UK postal service company Royal Mail. During the …Royal Mail privatisation: bankers to …

Advisers from Goldman Sachs and UBS will appear before MPs as concern grows over IPO valuation The flotation of Royal Mail will come under renewed scrutiny this week when MPs question some of the City's top investment bankers about the valuation placed on the company. At Wednesday's session of the …