Postal workers in Shropshire are set to land shares worth £1,500 in Royal Mail when it floats on the stock market, it was revealed today. More: continued here
Read More »Think that Royal Mail is bad? Wait until you see its privatised successors
The important task of getting crucial and confidential letters to people on time is jeopardised by profit-oriented thinking that prioritises getting postmen back to the depot to meet targets. More: continued here
Read More »Banks Face ‘Tough’ Royal Mail Sale Fee Talks – Sky News – Sky News
The Guardian Banks Face 'Tough' Royal Mail Sale Fee Talks – Sky NewsSky NewsIn a speech at Policy Exchange, the think-tank, Mr Fallon will announce that the Government will issue tender documents for banks to work on an initial public offering (IPO), which would see Royal Mail floated on the …
Read More »Royal Mail says changes to Dundee delivery system have gone smoothly – The Courier
The Courier Royal Mail says changes to Dundee delivery system have gone smoothlyThe Courier“We appreciate any changes may impact on our customers and careful planning is made to ensure that customers, both business and residential, continue to receive the best possible service from Royal Mail in Dundee.” Under the new …
Read More »Every Royal Mail staff member to get £1,500 share windfall when company floats on stock exchange
Business Minister Michael Fallon (pictured) has pledged that every postal worker in Britain will be given around £1,500 of Royal Mail shares when it floats on the stock market. More: continued here
Read More »Royal Mail privatisation: the coalition goes where Thatcher feared to tread – The Guardian
The Guardian Royal Mail privatisation: the coalition goes where Thatcher feared to treadThe GuardianName: Royal Mail. Age: 497. You're joking. I was surprised too. Its forerunner was set up by Henry VIII in 1516. The General Post Office (GPO) was established in 1660. Adhesive postage stamps stuck in 1840. The …
Read More »Royal Mail to be sold-off by next April in biggest privatisation for over two … – Telegraph.co.uk
Telegraph.co.uk Royal Mail to be sold-off by next April in biggest privatisation for over two …Telegraph.co.ukAny sale to a rival like Holland's TNT or Germany's Deutsche Post could be controversial because of the status of Royal Mail as the UK's national postal service. Similarly a sale to a private equity …
Read More »Breaking News CVC Courted Over Royal Mail Stake – Sky News
IBTimes.co.uk Breaking News CVC Courted Over Royal Mail StakeSky NewsThe Government is courting some of the world's biggest private equity groups about a potentially controversial plan to acquire a major stake in Royal Mail. I have learnt that advisers to the Coalition have in recent weeks begun reaching out to …
Read More »Royal Mail sell-off plan ‘a disaster’ – Scotsman
Royal Mail sell-off plan 'a disaster'ScotsmanFrances O'Grady, speaking at the annual conference of the Communication Workers Union, which is fighting to stop a Royal Mail sell-off, vowed to co-ordinate industrial action against “attacks” on employees. She said previous sell-offs had led to higher … More: continued here
Read More »Royal Mail could be sold to public in a year – This is Gloucestershire
Daily Mail Royal Mail could be sold to public in a yearThis is GloucestershireTHE Royal Mail could be sold to the public in 12 months, according to business minister Michael Fallon. The minister said it was his intention to finish the process by April 2014, according to reports this morning. …
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