Agreement includes demands on job security, pensions and other conditions and union involvement in running of business Royal Mail staff will get a pay increase of more than 9% over three years after the company and its union announced what they said was a groundbreaking legal agreement on industrial relations …
Read More »UPDATE 1-UK Royal Mail spotlight reopens rift between bankers and advisers – Reuters
UPDATE 1-UK Royal Mail spotlight reopens rift between bankers and advisersReutersLONDON, April 11 (Reuters) – The fallout from the controversial stock market flotation of Britain's Royal Mail has reopened a rift between the bank and independent advisers who run such deals. Accusations that taxpayers lost money on the 2 billion …
Read More »CORRECTED-UK Royal Mail spotlight reopens rift between bankers and advisers – Reuters
Evening Standard CORRECTED-UK Royal Mail spotlight reopens rift between bankers and advisersReutersBritain's Public Accounts Committee (PAC), a group of legislators who scrutinise aspects of government finances, said on Thursday it would again quiz independent firm Lazard over its role in the Royal Mail float. Its comments came a week after …
Read More »Royal Mail spotlight reopens rift between bankers and advisers – Reuters UK
Evening Standard Royal Mail spotlight reopens rift between bankers and advisersReuters UKIn the "blame game" following the Royal Mail float, questions about who was responsible for the decision not to raise the price range, despite strong investor interest, have drawn out tensions between the two sides. But some sources said …
Read More »Royal Mail IPO: 10 key points
From buying shares to postal strikes, we run through the main issues surrounding the company's stock market flotation Britain is on the verge of the biggest government flotation for two decades as the coalition prepares to offload Royal Mail. Applications to buy Royal Mail shares will close at midnight on …
Read More »Judge the Royal Mail sale in three months, said Vince Cable. Time's up | Alex Andreou
Today's share price confirms the company was grossly undervalued, cheating the taxpayer out of billions of pounds "There's no way we will sell Royal Mail 'on the cheap'," promised the government in its Royal Mail: Myth-Busters factsheet , issued before the sale of most of our stake in the public …
Read More »Royal Mail spotlight reopens rift between bankers and advisers
The fallout from the controversial stock market flotation of Britain's Royal Mail (RMG.L) has reopened a rift between the bank and independent advisers who run such deals. In the "blame game" following the Royal Mail float, questions about who was responsible for the decision not to raise the price range, …
Read More »UK Royal Mail spotlight reopens rift between bankers and advisers
The fallout from the controversial stock market flotation of Britain's Royal Mail (Other OTC: ROYMF – news) has reopened a rift between the bank and independent advisers who run such deals. Subsequent questions over the pricing of the offer have reignited the bad feeling between banks, who sometimes feel advisers …
Read More »Royal Mail fall feeds speculation of government stake unload – Financial Times
Royal Mail fall feeds speculation of government stake unloadFinancial TimesA six-month low for Royal Mail has been feeding speculation that the government will unload more of its stake. Regulator Ofcom said on Wednesday that it was reviewing Royal Mail's network access changes. Competition and regulatory uncertainties have … More: continued here
Read More »Royal Mail: Lazard Being Quizzed By MPs Over IPO Price – International Business Times UK
International Business Times UK Royal Mail: Lazard Being Quizzed By MPs Over IPO PriceInternational Business Times UKRoyal Mail: Lazard Being Quizzed By MPs Over IPO PriceReuters. The Public Accounts Committee confirmed that the independent financial adviser for the controversial sale of Royal Mail will be quizzed by politicians over the …
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