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EC clears Royal Mail pension move – shropshirestar.com

shropshirestar.com EC clears Royal Mail pension moveshropshirestar.comThe transfer of the Royal Mail pension scheme to the state has been given the green light by European regulators, paving the way for a £28 billion boost to public finances. The scheme will add £28 billion of pension assets, such as shares, … …

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TNT Post UK to trial postmen on London’s streets – Reuters UK

TNT Post UK to trial postmen on London's streetsReuters UKBy Neil Maidment | LONDON (Reuters) – Britain's second largest postal firm TNT Post is to trial postmen on the streets of west London next month as it steps up ambitions to eventually rival state-owned Royal Mail Group as the UK's …

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EU approves UK’s Royal Mail debt, pension relief plan – AFP

AFP EU approves UK's Royal Mail debt, pension relief planAFPBRUSSELS — European Union anti-trust regulators on Wednesday approved British government plans to provide pension relief and slash the debt of Royal Mail Group as part of its privatisation. The government plans to take over the Royal Mail's high … More: …

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EC clears Royal Mail pension move – MSN Money UK

EC clears Royal Mail pension moveMSN Money UKThe transfer of the Royal Mail pension scheme to the state has been given the green light by European regulators, paving the way for a £28 billion boost to public finances. The transfer of the Royal Mail pension scheme to the state has …

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EU regulators clear Royal Mail pension revamp – Interactive Investor

EU regulators clear Royal Mail pension revampInteractive InvestorBy Neil Maidment LONDON (Reuters) – Privatisation of Royal Mail Group moved a step closer after EU regulators approved government plans to take on its deficit-ridden pension scheme. The European Commission said on Wednesday the revamp included measures … More: continued here

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Govt to get go ahead on Royal Mail pension transfer – Money Marketing

Money Marketing Govt to get go ahead on Royal Mail pension transferMoney MarketingThe European Commission will today give the green light to the Government taking on £37.5bn of Royal Mail's pension liabilities, according to reports. The move will also see £28bn of assets transferred to the Government books and will …

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European Commission approval of Royal Mail aid welcomed

The Government today welcomed European Commission approval of a state aid package for Royal Mail which cuts the company's pensions bills and bolsters restructuring costs with a debt reduction of more than one billion pounds. More: continued here

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