The Government is finalising negotiations to hire bankers to work on the £2.5bn flotation of Royal Mail as Britain's biggest privatisation for a generation edged closer. Sky News understands that ministers … More: continued here
Read More »Royal Mail to occupy Beckton site – SHD Logistics
Royal Mail to occupy Beckton siteSHD LogisticsThe Aviva Investors Pensions Ltd – Property Fund (AIPL) has completed the letting of unit 1, Gemini Business Park, Beckton to The Royal Mail who have taken a 15-year lease of the 111,000 sq ft unit. The property was acquired in April 2011 for …
Read More »Royal Mail rides the e-commerce wave to the stock market – Transport Intelligence
Royal Mail rides the e-commerce wave to the stock marketTransport IntelligenceJust a few years ago, national post office monopolies such as Royal Mail looked obsolete; with little or no future prospects. Now, both Royal Mail and Belgium's bpost are sparking excitement over their forthcoming stock market flotations. What has changed? …
Read More »Aviva completes 110000 Royal Mail letting – Property Week News
Aviva completes 110000 Royal Mail lettingProperty Week News“The absence of any prime built stock within the M25 on the east side of the London, coupled with an excellent and rapid refurbishment, led to immediate interest from Royal Mail for its Parcelforce business and underlines the continued growth within … More: …
Read More »Royal Mail To Offer Click And Collect Service – Sky News
Royal Mail To Offer Click And Collect ServiceSky NewsThe Royal Mail is to keep some post office branches open late as part of a new service aimed at helping customers get their internet-ordered parcels outside of working hours. The company said it will be the biggest service of its kind, …
Read More »Royal Mail courts online shoppers with parcel collection from Post Offices
Online shoppers will be able to pick up purchases from their local Post Office as part of an attempt by the Royal Mail to attract web retailers with more flexible delivery options. More: continued here
Read More »Royal Mail in click-and-collect bid
The Royal Mail is to launch a new "click and collect" service aimed at online retailers and their customers. The company said it will be the biggest service of its kind, with post office branches opening longer so that goods ordered online can be collected. More: continued here
Read More »Royal Mail offers ‘click and collect’ – The Independent
Royal Mail offers 'click and collect'The IndependentThe company said it will be the biggest service of its kind, with Post Office branches opening longer so that online goods can be collected. Nick Landon, managing director of Royal Mail Parcels, said: "We are well placed to benefit from the growth in …
Read More »Royal Mail runs risk of fresh pension deficit – Financial Times
Royal Mail runs risk of fresh pension deficitFinancial TimesRoyal Mail's preliminary results, released last week, show the scheme has an accounting surplus of £825m. This has lead John Ralfe, an independent pension consultant, to argue that it should invest purely in assets such as index-linked gilts and long … More: …
Read More »Royal Mail: Brokers lined up for £3bn flotation – Scotland on Sunday
Scotland on Sunday Royal Mail: Brokers lined up for £3bn flotationScotland on SundayThe union representing the Royal Mail's 130,000 employees is opposed to the group's privatisation. The Communication Workers Union (CWU) argues that the doubling of operating profits to £403 million revealed in last week's results announcement showed … More: …
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