A Windfall of £1500 for Each Royal Mail WorkerDay NewsEvery Royal Mail worker, from managers to postmen can expect a windfall. Around 140,000 workers have been promised 10% of the company by the UK government. Business Minister Michael Fallon says that every single worker in the British Royal Mail will …
Read More »Degaute steps down from Royal Mail – Professional Pensions – Professional Pensions
Professional Pensions Degaute steps down from Royal Mail – Professional PensionsProfessional PensionsRoyal Mail Pension Trustees has appointed a new chief executive following Gerry Degaute's decision to step down after 25 years at the scheme. Head of funding Chris Hogg will take over the role at the end of May. Hogg …
Read More »Royal Mail Pension Trustees appoints chief executive – IPE.com – IPE.com (registration)
IPE.com (registration) Royal Mail Pension Trustees appoints chief executive – IPE.comIPE.com (registration)UK – Royal Mail Pension Trustees has appointed Chris Hogg as chief executive following the departure of Gerry Degaute, who announced his retirement from the role. Hogg, who is currently head of funding at the Royal Mail Pension Trustees …
Read More »Royal Mail delivery office closures confirmed – Echo
Royal Mail delivery office closures confirmedEchoROYAL Mail has today confirmed the closure of delivery offices at Shoebury, Leigh and Rochford. The changes are part of modernisation of the service across the country. More than 8,000 people signed a petition to keep Leigh delivery office open.and more » More: continued here
Read More »Royal Mail privatisation looks like a blitzkrieg strategy – Telegraph.co.uk
Telegraph.co.uk Royal Mail privatisation looks like a blitzkrieg strategyTelegraph.co.ukIn a speech to the think tank Policy Exchange, he announced on Monday that the tendering process for banks to advise on a flotation will begin in the next few days, with an appointment expected by the end of May; at the …
Read More »UK Government Starts Search for Banks to Lead Possible Royal Mail IPO – NASDAQ
UK Government Starts Search for Banks to Lead Possible Royal Mail IPONASDAQThe business minister also confirmed the government is considering the options for the shape of the employee share scheme for Royal Mail's employees. "I strongly believe that employees should share in the company's future success and dividend," he said. …
Read More »Banks to handle Royal Mail sale – The Independent
Banks to handle Royal Mail saleThe IndependentThe Government will start looking for banks to handle a potential flotation of the Royal Mail this week as it pushes ahead with the privatisation. Michael Fallon, the Business minister, last night said an IPO this financial year is still the preferred … More: …
Read More »UK & World News: New move over Royal Mail sell-off
The Government is to start tendering in the next few days for a syndicate of banks to advise on a possible flotation of the Royal Mail. More: continued here
Read More »Tuesday newspaper round-up: Royal Mail, AB Foods, BP… – ShareCast
Tuesday newspaper round-up: Royal Mail, AB Foods, BP…ShareCastTuesday newspaper round-up: Royal Mail, AB Foods, BP… LONDON (SHARECAST) – According to The Independent, the government is searching for banks to handle a possible initial public offering for Royal Mail this week. A flotation this year is the … More: continued here
Read More »Privatised Royal Mail will deliver post more quickly, minister suggests
Minister Michael Fallon sets out plans to privatise Royal Mail in the next 12 months, suggesting new service will be "quicker". More: continued here
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