A top bank paid to sell off the Royal Mail cashed in again by brokering deals on £250 million worth of the postal firm’s shares, the Mirror can reveal. More: continued here
Read More »Royal Mail share register in focus – Financial News
Financial News Royal Mail share register in focusFinancial NewsRoyal Mail's share register is likely to be high on the agenda tomorrow when lawmakers quiz the bankers who managed the privatisation of the 497-year-old UK postal operator. Royal Mail share register in focus. Activist hedge fund manager The Children's … More: continued …
Read More »Royal Mail share sale increases UK borrowing by 300 mln stg – Reuters
Royal Mail share sale increases UK borrowing by 300 mln stgReutersLONDON Nov 19 (Reuters) – The British government's transfer of some Royal Mail shares to staff as part of the postal group's privatisation added 300 million pounds ($483 million) to public borrowing last month, the Office for National Statistics said …
Read More »Royal Mail share sale will not help UK to hit budget target – ONS – Reuters UK
IBTimes.co.uk Royal Mail share sale will not help UK to hit budget target – ONSReuters UKLONDON (Reuters) – The British government's sale of 2 billion pounds ($3.22 billion) of shares in Royal Mail last month will not count towards a key budget deficit reduction target, the country's statistics agency ruled …
Read More »Royal Mail PLC : Royal Mail share sale increases UK borrowing by 300 million … – 4-traders (press release)
Royal Mail PLC : Royal Mail share sale increases UK borrowing by 300 million …4-traders (press release)The government's transfer of some Royal Mail shares to staff as part of the postal group's privatisation added 300 million pounds ($483 million) to public borrowing last month, the Office for National Statistics said …
Read More »Royal Mail share sale will not help UK to hit budget target – ONS
* Statisticians rule sale will not aid budget target LONDON, Nov 19 (Reuters) – The British government's sale of 2 billion pounds ($3.22 billion) of shares in Royal Mail (LSE: RMG.L – news) last month will not count towards a key budget deficit reduction target, the country's statistics agency ruled …
Read More »Royal Mail sale valuation 'debacle'
The Government has been urged to withhold any more payments to banks which advised the Government on its controversial privatisation of the Royal Mail amid continuing complaints that the taxpayer has lost hundreds of millions of pounds over the sell off. More: continued here
Read More »Was the Royal Mail privatisation good luck or a big blunder? – Telegraph – Telegraph.co.uk
Telegraph.co.uk Was the Royal Mail privatisation good luck or a big blunder? – TelegraphTelegraph.co.ukAlthough the mood was light – one trader had brought in a giant foam 'Postman Pat' head to mark the occasion – it was also determined as brokers struggled to cope with the amount of activity in …
Read More »Royal Mail sale valuation ‘debacle’ – expressandstar.com
Royal Mail sale valuation 'debacle'expressandstar.comThe Government has been urged to withhold any more payments to banks which advised the Government on its controversial privatisation of the Royal Mail amid continuing complaints that the taxpayer has lost hundreds of millions of pounds over the sell off.and more » More: continued here
Read More »Royal Mail Shares Sale to Add £300m to Government Borrowing Figures
Reclassification of assets means no impact on public sector deficit from privatisation. More: continued here
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