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 …
Read More »Royal Mail privatisation: bankers to face select committee – The Guardian
The Guardian Royal Mail privatisation: bankers to face select committeeThe GuardianThe price for the flotation was set at 330p a share – at the top of the original range and valuing Royal Mail at £3.3bn. But the shares jumped 38% on the first day of trading and closed on Friday …
Read More »Sunday Papers: Bankers to face select committee on Royal Mail – Citywire.co.uk
Sunday Papers: Bankers to face select committee on Royal MailCitywire.co.ukTop stories. The Observer: 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. The Sunday Telegraph: British Gas owner Centrica … More: …
Read More »A stamp of honour for literary giant Anthony Trollope… well, he IS the man who gave us the post box
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
Read More »Clearer privatisations demanded after ‘opaque’ Royal Mail sell-off – Telegraph.co.uk
Telegraph.co.uk Clearer privatisations demanded after 'opaque' Royal Mail sell-offTelegraph.co.ukThe Government is facing demands that privatisations are made much more transparent so that the sale of the taxpayer stakes in the Royal Bank of Scotland and Lloyds Banking Group do not spark the controversy surrounding the Royal Mail. Ahead of a … …
Read More »Was the Royal Mail privatisation good luck or a big blunder?
Next week the business select committee will question bankers on why the Royal Mail share price climbed so high. By James Quinn More: continued here
Read More »Clearer privatisations demanded after 'opaque' Royal Mail sell-off
Chairman of the Business Select Committee calls for more transparent processes for Lloyds and RBS sales More: continued here
Read More »Was the Royal Mail privatisation good luck or a big blunder? – Telegraph.co.uk
Telegraph.co.uk Was the Royal Mail privatisation good luck or a big blunder?Telegraph.co.ukBy the end of that day, Royal Mail's shares had settled to close at 455p, 38pc higher than the IPO price, the largest one day rise of a privatised company on its first day of dealings. And that was …
Read More »Cambridge company director avoids prison sentence despite defrauding Royal … – Cambridge News
Cambridge company director avoids prison sentence despite defrauding Royal…Cambridge NewsIn September 2009, the company, turning over almost £18 million per year, entered a scheme with Royal Mail known as Printed Postage Impressions (PPI) so parcels could be sent without individual franking. OneClick would then declare how many parcels …and more » More: …
Read More »Cambridge company director avoids prison sentence despite defrauding Royal Mail of over £500,000 in unpaid postage
A company director who conned Royal Mail out of over £500,000 in undeclared parcels sent from their business has escaped a prison sentence. More: continued here
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