This is Money Q&A: Royal Mail'click and collect' – how will it work?This is MoneyHow much will it cost? A spokesman for Royal Mail said that it will not be adding any extra cost onto retailers as it already charges businesses a fee to deliver their items. So, in theory, …
Read More »Royal Mail sale is waste of millions in bank fees, say opponents – Herald Scotland
Royal Mail sale is waste of millions in bank fees, say opponentsHerald ScotlandUBS, Goldman Sachs, Barclays and Bank of America Merrill Lynch will work with the Conservative-Liberal Democrat administration, the Royal Mail and advisers to prepare for the controversial sale. Opponents said the banks were set to make £30 million. …
Read More »Royal Mail to cap benefits despite liability transfer – Professional Pensions
Royal Mail to cap benefits despite liability transferProfessional PensionsA Royal Mail van. The Royal Mail Pension Plan (RMPP) is planning to cap members' pensionable pay increases as costs escalate and privatisation looms, despite a liability transfer to the government. The RMPP, which supports staff for the Royal Mail and …Financial …
Read More »Royal Mail announces changes to postal service in Bromsgrove – Bromsgrove Advertiser
Royal Mail announces changes to postal service in BromsgroveBromsgrove AdvertiserROYAL Mail has announced there are to be changes in the way it delivers mail in Bromsgrove. Postmen and women will be using new delivery methods and different delivery routes under the changes, which are to be rolled out on a …
Read More »Scandal-hit banks to send Royal Mail to stock market – The Times (subscription)
The Times (subscription) Scandal-hit banks to send Royal Mail to stock marketThe Times (subscription)Two of the world's biggest — and most controversial — investment banks are to lead the privatisation of the Royal Mail. UBS and Goldman Sachs will be joined by a third bank, Barclays, which has been at …
Read More »Financial News: Pensions Woes Haunt Royal Mail as IPO Looms – Wall Street Journal
Financial News: Pensions Woes Haunt Royal Mail as IPO LoomsWall Street JournalThe prospect of new pensions difficulties emerged in a letter sent by Royal Mail to its staff and its trade unions this week and seen by Financial News. In the letter it warned them that the pensions issue is …
Read More »Royal Mail to cut benefits despite liability transfer – Professional Pensions
Royal Mail to cut benefits despite liability transferProfessional PensionsThe Royal Mail Pension Plan (RMPP) is planning to cap members' pensionable pay increases as costs escalate and privatisation looms, all despite a liability transfer to the government. The RMPP, which supports staff for the Royal Mail and the Post … More: …
Read More »Pensions woes return to haunt Royal Mail with IPO looming
The prospect of new pensions difficulties emerged in a letter sent by Royal Mail to its staff and its trade unions this week and seen by Financial News. In the letter it warned them that the pensions issue is not yet solved and they may have to accept curbs on …
Read More »Pensions woes return to haunt Royal Mail – Financial News
Pensions woes return to haunt Royal MailFinancial NewsRoyal Mail Group is facing an extra £300m annual bill from its pensions, one year on from a multi-billion-pound deal that was supposed to have solved its pension issues once and for all ahead of a public listing. The prospect of new pensions …
Read More »Banks’ fees for Royal Mail deal are competitive – Belfast Telegraph
Banks' fees for Royal Mail deal are competitiveBelfast TelegraphShould we proceed with an IPO and in line with normal IPO practice, these banks will receive a tiny percentage of the amount raised in the share offering, rather than a percentage of the overall market capitalisation of Royal Mail. Royal Mail's …
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