As investors ponder whether to buy shares in the flotation of the 497-year-old Royal Mail, a look at past privatisations may be helpful. More: continued here
Read More »Royal Mail to float "in weeks"
The government has announced details of the privatisation of Royal Mail, two years after the sale of Royal Mail was approved by parliament in the 2011 Postal Services Act. Members of the public will be … More: continued here
Read More »Royal Mail offers tax break
ROYAL MAIL has thrown workers a fresh incentive to back the postal service’s £3bn stock market listing. More: continued here
Read More »Royal Mail has no future without a return to some Victorian values – Telegraph.co.uk
Telegraph.co.uk Royal Mail has no future without a return to some Victorian valuesTelegraph.co.ukIn the same week that the privatisation of the Royal Mail was announced, so was the flotation of Twitter. The former is thought to be worth £3 billion, the latter £6 billion. So the best-known and oldest communication …
Read More »Royal Mail sell-off leaves Postman Pat confused – Financial Times
Royal Mail sell-off leaves Postman Pat confusedFinancial TimesEverything was at sixes and sevens when Postman Pat arrived at the Greendale sorting office. There was a big notice headed “Intention to Float” taped to the door, and no sign of the post mistress. “Mrs Goggins is history, kid,” said a lady …
Read More »Royal Mail must deliver investment case to investors
For Margaret Thatcher the privatisation of Royal Mail was famously a “step too far”. For the Coalition, even after its historic “intention to float” notice, it’s a leap into the unknown. More: continued here
Read More »Legal fight threatens Royal Mail – Telegraph.co.uk
Telegraph.co.uk Legal fight threatens Royal MailTelegraph.co.ukNick Wells, TNT Post UK chief executive, told The Sunday Telegraph that the exemption should be removed from all Royal Mail services apart from stamps and services directly connected to the obligation it has to provide a universal service six days a week. More: continued …
Read More »Britain's Royal Mail to go private with IPO
The Royal Mail, Britain's near-500 year old postal service,has launched an initial public offering, a historic privatization which is set to be bitterly opposed in the U.K. More: continued here
Read More »Royal Mail sale: Rural charges under scrutiny – Scotsman
Scotsman Royal Mail sale: Rural charges under scrutinyScotsmanThe bill was tabled amid concerns the privatisation of Royal Mail in the next few weeks will lead to the end of the universal service guarantee and see higher prices for remote areas. While Lib Dem business minister Jo Swinson disagreed with imposing …
Read More »Britain defies unions with plan to sell Royal Mail in weeks
By Neil Maidment LONDON (Reuters) – Britain embarked on its largest privatisation in decades on Thursday as the government unveiled plans to sell the majority of the near 500-year-old state-owned Royal Mail postal service. The Department for Business said a stock market flotation, fiercely opposed by unions, would take place …
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