The Guardian Labour conference votes to renationalise railways and Royal MailThe GuardianLabour opposes the coalition's plans for floating most of Royal Mail on the stock market, and Ian Murray, the shadow postal affairs minister, is attempting a last-minute bid to halt the privatisation with a vote in parliament. However, the …
Read More »Now Labour calls on Miliband to seize control of the railways and Royal Mail in another lurch back to 1970s-state …
In a further sign of the party lurching to the left, the Labour conference voted to demand the renationalisation of train firms and postal deliveries. More: continued here
Read More »Royal Mail Said to Be Valued at as Much as $6.9 Billion in IPO – Bloomberg
Bloomberg Royal Mail Said to Be Valued at as Much as $6.9 Billion in IPOBloombergRoyal Mail Group Ltd., the 360-year-old U.K. postal service, may be valued at as much as 4.3 billion pounds ($6.9 billion) when it goes public, said people briefed on the estimates. The British firm's equity value, …
Read More »Parcels deliver Royal Mail’s future – CITY A.M.
Parcels deliver Royal Mail's futureCITY A.M.THE PRIVATISATION of Royal Mail started to become a likely event in May this year after the restructured group posted profits of £403m, up from £152m the previous year. “When we saw that profit margins had gone from around one per cent to 4.4 per …
Read More »Joan McAlpine: Stop treating Scots like second-class citizens over the Royal Mail – Scottish Daily Record
Joan McAlpine: Stop treating Scots like second-class citizens over the Royal MailScottish Daily Record… Stop treating Scots like second-class citizens over the Royal Mail. JOAN says the coalition government's proposed plans to sell the Royal Mail is a complete travesty of democracy – particularly because Scotland owns a population share …
Read More »Questions raised over a privatised Royal Mail by Kirkintilloch MP – Kirkintilloch Herald
Questions raised over a privatised Royal Mail by Kirkintilloch MPKirkintilloch HeraldRoyal Mail is a completely separate entity to the Post Office, but Kirkintilloch East MpP Gregg McClymont still has fears about the potential loss of local services. He explained: “My postbag is full of letters from constituents who are worried …
Read More »Man injured in 20ft fall at Shrewsbury’s Royal Mail sorting office – shropshirestar.com
Man injured in 20ft fall at Shrewsbury's Royal Mail sorting officeshropshirestar.comRichard Ewels, a spokesman for West Mercia Police, said: “Police attended the Royal Mail sorting office in Castle Foregate, Shrewsbury, shortly after 1am on Sunday following a report of an intruder. “A man believed to be in his 20s subsequently …
Read More »Royal Mail Privatisation: Labour Looks to Derail Government's Plans with Debate
Ian Murray MP argues that Labour are trying to reflect public opinion. More: continued here
Read More »City Spy: Chuka is delivered a Royal Mail blow – Evening Standard
Evening Standard City Spy: Chuka is delivered a Royal Mail blowEvening StandardA rebuke for slick Shadow Business Secretary Chuka Umunna after the Government's announcement to the London Stock Exchange of an initial public offering of Royal Mail. Umunna said: “Ministers are pushing ahead with this politically motivated fire sale … …
Read More »Labour to challenge Royal Mail IPO plan – iNVEZZ
Labour to challenge Royal Mail IPO planiNVEZZiNVEZZ.com, Wednesday, September 25th: Britain's Labour Party is planning to seek a last-minute vote to challenge the government's plan to float Royal Mail, the Financial Times has reported. While the vote is seen as unlikely to stop the Royal Mail IPO … More: continued …
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