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Royal Mail's investment banking bonanza

The Royal Mail flotation is gathering pace, with the tender process for an IPO syndicate currently underway. But even before the underwriters and bookrunners have been chosen, the postal firm and UK government have done their best to hire nearly every bulge-bracket name in the City. More: continued here

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Royal Mail’s investment banking bonanza – Financial News

Royal Mail's investment banking bonanzaFinancial NewsThe Royal Mail flotation is gathering pace, with the tender process for an IPO syndicate currently underway. But even before the underwriters and bookrunners have been chosen, the postal firm and UK government have done their best to hire nearly every … More: continued here

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Paul Doughty stole parcels from his Royal Mail lorry – Daily Mail

Daily Mail Paul Doughty stole parcels from his Royal Mail lorryDaily MailSimon Clarke, prosecuting, told Warrington Crown Court: 'A Royal Mail investigation found there had been a sustained campaign of theft of special delivery bulk mail often used for sending reasonably high value items including currency and jewellery.and more » More: …

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Royal Mail profits slap UK gov’t in face – Press TV

Press TV Royal Mail profits slap UK gov't in facePress TVBritain's Royal Mail has posted a massive £403 million profit amid claims by the government that it should be privatized to survive. The government is pushing with closures and privatizations plans at the 497-year-old service, earmarking 76 of its … …

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Comment: Royal Mail sales battle | M&S puzzle – Scotsman

Scotsman Comment: Royal Mail sales battle | M&S puzzleScotsmanBoth the UK government and Royal Mail management have accepted that, in the modern era, faced with electronic means of communication and European competition rulings, the status quo is no longer tenable. Royal Mail requires access to external capital … More: continued …

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Royal Mail profit soars after stamp rise – Express.co.uk

Royal Mail profit soars after stamp riseExpress.co.ukWith costs rising, there is a real danger letters could become a thing of the past.” Royal Mail chief executive Moya Greene said: “Our strategy is delivering.” Experts said the strong performance will encourage the Government to privatise Royal Mail… More: continued here

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