Royal Mail privatisation: Labour accuses Vince Cable of sell-off at £1bn below …Mirror.co.ukBut Mr Umunna warns that the Royal Mail could be significantly undervalued amid suggestion just two of its prime sites in central London could fetch a total of £1.5 billion from developers. He says the business has 2,000 …
Read More »Privatised Royal Mail may avoid tax for up to 10 years
ROYAL MAIL may pay no tax in Britain for the next five to 10 years after building up a giant backlog of tax credits. The expected tax holiday has revived the row over the privatisation of the state-owned postal service. More: continued here
Read More »Royal Mail’s first-class returns fail to silence critics – The Guardian
Telegraph.co.uk Royal Mail's first-class returns fail to silence criticsThe GuardianBut on 7am on Friday up to 70% of Royal Mail will be sold to investors and listed on the London Stock Exchange – swelling Treasury coffers by about £2bn, though that will no more than dent the £115.7bn deficit the …
Read More »Brokers braced for last-minute rush for Royal Mail shares – Telegraph.co.uk
Telegraph.co.uk Brokers braced for last-minute rush for Royal Mail sharesTelegraph.co.ukCity analyst Gert Zonneveld, of Panmure Gordon, suggested the government could be selling off the 500-year-old institution more than £1bn too cheaply. He valued the business between £3.7bn and £4.5bn, compared with the government's upper valuation of … More: continued here
Read More »Demand for shares in Royal Mail outstripping supply – Scotland on Sunday
Scotland on Sunday Demand for shares in Royal Mail outstripping supplyScotland on SundayDEMAND for shares in the soon-to-be-privatised Royal Mail group is outstripping supply, allowing the government to put them on sale at the top end of the price band and potentially valuing the company at up to £3.3 billion. …
Read More »Royal Mail offers posties £300 to work during sell-off strike – Express.co.uk
The Guardian Royal Mail offers posties £300 to work during sell-off strikeExpress.co.ukRoyal Mail is set to be listed on the Stock Exchange on Friday. Although the earliest strike would not be until October 23, it would still impact on the price of shares. Stockbrokers Panmure Gordon value Royal Mail at …
Read More »Royal Mail shares: pros and cons – Telegraph.co.uk
Telegraph.co.uk Royal Mail shares: pros and consTelegraph.co.ukThe poll asked readers what they expected the "total return" on Royal Mail shares – dividends plus capital appreciation – to be over the next decade. The most popular band was 5pc-10pc a year, chosen by 39pc of voters, with the 0pc-5pc range in …
Read More »Royal Mail shares: pros and cons
To buy or not to buy? We size up Royal Mail's strengths and weaknesses. More: continued here
Read More »Privatisation of Royal Mail sale set for resounding success as demand rockets – Evening Standard
Privatisation of Royal Mail sale set for resounding success as demand rocketsEvening StandardThe £3 billion privatisation of Royal Mail is set to be a resounding success next week as the banks leading the share offer today pushed the likely price towards the top of the original range. The investment banks, …
Read More »Twitter and Royal Mail on the market – and it’s the posties that deliver – The Guardian (blog)
The Guardian (blog) Twitter and Royal Mail on the market – and it's the posties that deliverThe Guardian (blog)But its challenge is to convert popularity into meaningful revenues and profits. Undecided? Would it help to know that unprofitable company B – that's Twitter, of course – could be priced at …
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