Royal Mail

The Times (subscription) Royal Mail facing backlash over 'lost £1bn' from sell-offThe Times (subscription)In what is likely to be a trying week for the privatised postal network, Royal Mail has pushed through stamp price and parcel charge rises today that its competitors say will show that the former monopoly is …

Here are three questions to which the business select committee should seek answers Five weeks after the Royal Mail flotation, the froth – as the business secretary, Vince Cable, described it – has not evaporated. Shares that were sold at 330p have been trading above 550p for the past three …

Analysts point to strong cashflow and dividend hopes, despite growing competition Royal Mail is in demand after a positive note from HSBC. The bank has begun coverage of the postal service with an overweight rating and 710p price target, valuing the business at more than £7bn. There was of course, …

Vince Cable was correct to ignore investment bankers' efforts to value Royal Mail at billions of pounds more than the company was eventually privatised for, the public spending watchdog will say this week. … More: continued here

NAO Delivers Verdict On £3bn Royal Mail FloatYahoo News UKVince Cable was correct to ignore investment bankers' efforts to value Royal Mail at billions of pounds more than the company was eventually privatised for, the public spending watchdog will say this week. Sky News has learnt that the National Audit …

MSP hits out at Royal Mail job cutsCarrick Today“The privatisation of Royal Mail was a deeply flawed Westminster decision – opposed by the vast majority of Scottish MPs – which threatens to have particularly harmful consequences for Scotland, where so many of our rural communities and so much of our … …

Rivals including TNT are now using more cycles to push mail – so why is the UK's iconic postal service giving up? The new year will mark the end of an era for the Royal Mail. Its postal staff will stop using the red Pashley Mailstar, once a common sight …

Descrier Royal Mail to axe 1600 jobs in cost-cutting drive as unions threaten strikesDescrierRoyal Mail has announced that they are planning to axe 1,600 jobs as part of a cost-cutting drive. The job cuts will mostly involve operational and head office managerial positions, with no impact on frontline employees such …

Royal Mail's share price just fell more than 1% – Management TodayManagement TodayCall us pessimistic, but MT foresees another one of those Christmases where Santa doesn't turn up much: Royal Mail has just announced 1,600 job cuts (1,300 net, because it wants to create 300 'new or enhanced roles'). Predictably, …

The Guardian Royal Mail chief's pay rise should be limited to 3%, Vince Cable tells board …The GuardianAnd Donald Brydon, the chairman of the Royal Mail, said earlier this year that a pay rise for Greene, who has been earning up to £1.5m annually through salary and performance-related bonuses, was …