Royal Mail

Royal Mail seeks its stockbrokersScotsmanBusiness minister Michael Fallon yesterday began looking for stockbrokers and other share dealers to act as intermediaries for private investors during Royal Mail's initial public offering (IPO). The UK government confirmed last month that it would … More: continued here

The Royal Mail will be partially privatised as part of a range of measures to protect its long-term future, Lord Mandelson announced today. The business secretary said that the government had already had an expression of interest from the Dutch postal company TNT and that part-privatisation was necessary to ensure …

The company also announced the next stage of its programme to close about half its 64 mail centres within the next five years Royal Mail has told workers that its employee share scheme will be virtually worthless when it matures next year, dashing hopes of a windfall for staff. Having …

Yorkshire Post Royal Mail boss stole £20000 as revenge for losing jobYorkshire PostA Royal Mail manager has been jailed after he stole more than £20,000 of cash and valuables as “revenge” for being made redundant after 32 years. Paul Surtees, 49, was given a 16-month sentence after a court heard …

Margaret Thatcher first considered privatising Royal Mail during the original programme of asset sales during the 1980s – supposedly balking at the idea of selling something with 'Royal' in the name. More: continued here

Too little too late with Royal MailYorkshire PostDiscussions on the merits of privatisation of the Royal Mail abound with claims of efficiency etc by the unions and opposition. If this is a sample of the “efficient service” of the current regime, then I can only see privatisation becoming a needed …

Portsmouth Royal Mail centre posts 'at risk'BBC NewsUp to 380 posts at Royal Mail's Portsmouth sorting office could be at risk as the firm considers moving mail processing to Southampton. Mail will no longer be sorted at the city's Slindon Street centre from summer 2015 if the proposal goes ahead. …

Bill amended to give ministers power to require image of the Queen to appear on stamps after Royal Mail selloff The Queen's head will remain on stamps regardless of who buys the Royal Mail after the government decided to amend its controversial privatisation legislation. The government said it was building …

Parcelforce staff reject Royal Mail privatisation proposalHerald ScotlandAlmost 3500 members of the Communication Workers Union voted in a consultative ballot by more than nine to one against any sell-off of the Royal Mail Group, of which they are a part. The turnout was 72%, with 95% supporting the union's stance …

Thursday newspaper round-up: Vodafone, npower, Royal MailYour MoneyVodafone to offer free Sky Sports; npower boss slams British Gas's free power plan; Govt to spend taxpayer cash on Royal Mail ad campaign. Vodafone has laid out its plans for the future of mobile internet, following in BT's footsteps by using top …