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, … …
Read More »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 …
Read More »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: …
Read More »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 …
Read More »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
Read More »Budget 2012: £28bn of Royal Mail pension assets to pay down national debt – Telegraph.co.uk
Telegraph.co.uk Budget 2012: £28bn of Royal Mail pension assets to pay down national debtTelegraph.co.ukBillions of pounds-worth of shares, bonds and properties controlled by Royal Mail's pension fund will be used to reduce down the national debt. By Christopher Hope, Senior Political Correspondent However, the deal to allow the state to …
Read More »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 …
Read More »Budget 2012: Can Royal Mail’s pension assets be called a ‘windfall’? – Citywire.co.uk
Budget 2012: Can Royal Mail's pension assets be called a 'windfall'?Citywire.co.ukby Caelainn Barr on Mar 21, 2012 at 17:45 During his Budget speech Chancellor George Osborne gleefully announced that the transfer of £28 billion worth of assets from the Royal Mail to the Exchequer was a 'windfall' for the government. …
Read More »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
Read More »European Commission approval of Royal Mail aid welcomed – The Independent
European Commission approval of Royal Mail aid welcomedThe IndependentThe 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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