Simon English: Politics will decide Royal Mail float priceThe IndependentOn this occasion, it would be electorally bad for the Tories if Royal Mail shares are sold at what turns out to be the top of the market, and crash in the run-up to election day. So the bankers may be …
Read More »Royal Mail boss: Treat junk mail with respect (as it helps profits rise by 60%) – Daily Mail
Daily Mail Royal Mail boss: Treat junk mail with respect (as it helps profits rise by 60%)Daily MailAlthough most of it ends up in the bin, postmen should still treat junk mail with 'utter respect', the head of the Royal Mail said yesterday. Announcing a 60 per cent increase in …
Read More »Royal Mail boss claims privatisation is the only way service can thrive – Mirror.co.uk
Royal Mail boss claims privatisation is the only way service can thriveMirror.co.ukTHE boss of the Royal Mail claims privatising the postal giant is the only way it can thrive. Moya Greene said a sell-off was vital to attract investment. She told the Daily Mirror: “If we do not grow, it …
Read More »Royal Mail reveals profits of £440m paving way for £3bn stock market … – This is Money
This is Money Royal Mail reveals profits of £440m paving way for £3bn stock market …This is MoneyRoyal Mail unveiled a big jump in profits to £440million today as it took another step towards privatisation and a £3billion stock market flotation later this year. The result for the year to …
Read More »Just because Royal Mail is in a fit state to be sold doesn’t mean it should be – The Guardian (blog)
The Guardian (blog) Just because Royal Mail is in a fit state to be sold doesn't mean it should beThe Guardian (blog)Royal Mail's full-year profit numbers were intended to be read as the first draft of a flotation prospectus. Chief executive Moya Greene was in full warm-up mode. "Our strategy …
Read More »Royal Mail chief Moya Greene delivers improved profits – Financial Times
Royal Mail chief Moya Greene delivers improved profitsFinancial TimesThis is quite a year for Canadians in London. Just before Mark Carney arrives to head the Bank of England in July, Moya Greene, chief executive of Royal Mail since 2010, announced improved profits on Monday that clear the way for privatisation …
Read More »Royal Mail profits leap to £440m – Manchester Evening News
Royal Mail profits leap to £440mManchester Evening NewsRoyal Mail unveiled a big jump in profits to £440m today as it took another step towards a possible stock market flotation later this year. The result for the year to March 31 is more than double the £152m in 2012 – when …
Read More »Royal Mail profits rise as privatisation beckons – Scotsman
Scotsman Royal Mail profits rise as privatisation beckonsScotsmanMoya Greene, the chief executive of Royal Mail, confirmed she had been “speaking largely to long-only, high-quality investors that would normally participate in an IPO of this scale; investors like pension funds and mutual funds”. She added: “I would … More: continued here
Read More »Royal Mail is doing well in the public sector – why privatise it? – The Guardian
The Guardian Royal Mail is doing well in the public sector – why privatise it?The GuardianThere are now 403 million reasons why Royal Mail should not be privatised. Financial results for Royal Mail just announced show that operating profits in the latest 52 weeks jumped to £403m, from £105m in …
Read More »Royal Mail profits soar to £440m in online shopping boom ahead of £3bn sell-off – Daily Mail
Daily Mail Royal Mail profits soar to £440m in online shopping boom ahead of £3bn sell-offDaily MailRoyal Mail unveiled a big jump in profits to £440million today as it took another step towards privatisation and a £3billion stock market flotation later this year. The result for the year to March …
Read More »