Herald Scotland Lord Sugar calls for inquiry into 'bargain basement' Royal Mail saleHerald ScotlandLabour peer Lord Sugar said at question time in the House of Lords that the Government had appointed the banks UBS, Lazards and Goldman Sachs for their "so called expertise in understanding the correct timing and pricing …
Read More »Hedge fund TCI is Royal Mail’s biggest shareholder – Telegraph.co.uk
Telegraph.co.uk Hedge fund TCI is Royal Mail's biggest shareholderTelegraph.co.ukTCI, whose boss Chris Hohn was described as a “locust” by German politicians, is the first to build a disclosable stake in Royal Mail. In the carefully managed sale process two weeks ago, institutional investors were allocated stakes in the company …TCI …
Read More »UK’s Osborne defends Royal Mail sale price – Reuters
The Guardian UK's Osborne defends Royal Mail sale priceReutersLONDON Oct 22 (Reuters) – British finance minister George Osborne hit back on Tuesday at criticism that the government sold a chunk of postal service operator Royal Mail too cheaply. Osborne, speaking at a Thomson Reuters Newsmaker event, said initial …Osborne says growth …
Read More »Royal Mail to increase “small” parcel size by month end – TameBay
TameBay Royal Mail to increase “small” parcel size by month endTameBayIt looks like Royal Mail are definitely preparing to extend the dimensions of Small Parcels so that items of up to 350 x 250 x 160mm will be classed (and priced) as Small Parcels. Following the consultation, the change means …
Read More »Lord Sugar calls for inquiry into ‘bargain basement’ Royal Mail sale as … – Herald Scotland
Herald Scotland Lord Sugar calls for inquiry into 'bargain basement' Royal Mail sale as …Herald ScotlandLabour peer Lord Sugar said at question time in the House of Lords that the Government had appointed the banks UBS, Lazards and Goldman Sachs for their "so called expertise in understanding the correct timing …
Read More »Royal Mail staff in Croydon given £4.5m in shares
Royal Mail staff in Croydon have been given £4.5m worth of free shares in the newly privatised company. More: continued here
Read More »Royal Mail ‘underpriced, two investment banks warned’ – BBC News
Royal Mail'underpriced, two investment banks warned'BBC NewsThe government ignored two banks that valued Royal Mail at £5bn, far more than shares were sold for, the Financial Times has reported. The government sold 60% of the postal service last week for £3.30 per share, but they soon passed £5. The FT …
Read More »Royal Mail Plc Rises More Than 50% Over Offer Price
Shares in Royal Mail hit the £5 mark for the first time today — and showed little sign of slowing down. With the shares priced at 510p at the time of writing, this landmark means that the price has risen … More: continued here
Read More »Investment Insider: What to do with your Royal Mail shares? – The Independent
Investment Insider: What to do with your Royal Mail shares?The IndependentHowever, it is important to appreciate that Royal Mail Group today is materially different to the one we may remember from the past. For example, a significant portion of the regulations that made the business deeply unattractive have now been …
Read More »Cable Hits Back At Royal Mail Sale Critics – Sky News
Cable Hits Back At Royal Mail Sale CriticsSky NewsVince Cable, the Business Secretary, has rebutted claims that he cost taxpayers hundreds of millions of pounds by undervaluing shares in Royal Mail, arguing that the price of the privatisation should be assessed only after the Government has sold its … More: …
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