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Royal Mail boss 'took cash from children's cards'

Observation team caught sorting office boss with crumped notes in pockets, court hears A Royal Mail sorting office manager ripped open envelopes to steal money from children's birthday cards, a court heard today . David Baker, 47, selected "colourful" envelopes that he thought were being sent to youngsters, and removed …

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Royal Mail sell-off moves closer – Scotsman

Scotsman Royal Mail sell-off moves closerScotsmanSTOCKBROKERS and share-dealing services have been invited to act as intermediaries in the planned sale of shares in the Royal Mail. The move signals the latest stage in the Government's controversial privatisation of the postal group through an initial … More: continued here

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Direct mail accounts for nearly half of all UK letters

Royal Mail says growth in proportion of mailouts partly accounts for improved profits, even as total letter volumes fall It is the bane of the nation's hallways but direct mail has become a cornerstone of the postal network, accounting for around half of all envelopes that fall through our letterboxes, …

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Email and web deliver sharpest blow to Royal Mail fortunes

Royal Mail's letters business is being hit harder by competition from electronic alternatives, such as email and the internet, than it is by rival mail operators. The company has released figures that are understood to show its profits taking a £500m a year hit from e-substitution compared with the £100m …

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Is Privatisation Failing? – Descrier

Is Privatisation Failing?DescrierAn example is their commitment to privatising the Royal Mail, despite fears that it will increase costs and reduce services to rural areas. Again this is a deeply unpopular policy, which the government seems determined to push through, despite warnings …and more » More: continued here

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Royal Mail eyes retail investors – CITY A.M.

Royal Mail eyes retail investorsCITY A.M.STOCKBROKERS will today be invited to take part in the privatisation of Royal Mail, as part of a push to ensure ordinary members of the public can buy shares in the forthcoming IPO. City A.M. has learned that business minister Michael Fallon will this … …

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