Royal Mail

Royal Mail retail offer gets 700000 applicationsFinancial TimesVince Cable said on Wednesday there had been 700,000 individual retail applications for Royal Mail shares – which were seven times oversubscribed – and was confident they had been “priced in the right place”. Asked about the likely premium when the … More: continued …

British public flock to Royal Mail share offerReuters UKLONDON (Reuters) – Private investors have rushed to buy shares in Britain's Royal Mail, with the government estimating it had received 700,000 applications from members of the public for the country's largest and most controversial privatisation in … More: continued here

Daily Mail Why are City sharks allowed to make a killing on the Royal Mail while you and …Daily MailYet just three years from its 500th birthday, the Royal Mail is at the centre of a deeply controversial sell-off that could see speculators, hedge funds and City gamblers lining their …

The Independent Royal Mail flotation: MPs voice fresh concern over controversial privatisationThe IndependentMPs have voiced fresh concern that the Government's controversial privatisation of the Royal Mail will be “highly lucrative” for speculators, hedge funds and investment banks rather than the public. An Early Day Motion has been tabled in Parliament …

The Guardian Royal Mail shares – what happens nextThe GuardianThe door closed on applications for Royal Mail shares at midnight on Tuesday. Early indications are that the offer may have been heavily over-subscribed, with big City and foreign institutions applying for more shares than are available, and … More: continued …

The Guardian Royal Mail shares demand outstrips supplyThe GuardianAll eight of Royal Mail's non-executive directors also turned down the shares. Donald Brydon, the chairman, said it would be inappropriate for them to benefit from a scheme designed to benefit hard-working frontline employees. However, Moya Greene … More: continued here

Royal Mail has warned MPs that job losses are likely after its historic privatisation as the industry continues to modernise. More: continued here

ROYAL MAIL: expert advice on whether to investThe Week UKWITH less than 48 hours before the Royal Mail share offer draws to a close, finance experts have been offering their views on whether or not to invest. The closing date for applications is midnight on Tuesday, with a minimum investment …

Royal Mail: More Than 100000 Seek SharesYahoo News UKWell over 100,000 members of the public applied to buy shares in Royal Mail ahead of last night's deadline, confirming the status of the £3.3bn sell-off as the biggest privatisation for decades. Sky News understands that tens of thousands of people … …

LONDON (AP) — British Business Secretary Vince Cable defended the government's sale of a majority stake in Royal Mail on Wednesday, saying that hundreds of thousands of small investors will buy shares. More: continued here