Vince Cable and Conservative colleague Michael Fallon facing the Business Select Committee over the privatisation. Credit: PA Wire In light of the criticism, Vince Cable asked Labour's former City Minister Lord Myners to review the way the Government sells state-owned assets. More: continued here
Read More »‘Taxpayers Lost £180m From Royal Mail Sale’ – Sky News
'Taxpayers Lost £180m From Royal Mail Sale'Sky NewsEarlier inquiries by the National Audit Office (NAO) and the Business, Innovation and Skills (BIS) select committee said taxpayers had lost out on up to £1bn when the Government sold 60% of Royal Mail to private sector investors, including sovereign … More: continued …
Read More »VIDEO: The super-fast Royal Mail robot forced to read your messy Christmas … – Surrey Comet
Surrey Comet VIDEO: The super-fast Royal Mail robot forced to read your messy Christmas …Surrey CometBut Royal Mail say that they can deal quickly with all properly addressed post, whether red, blue or gold. An Intelligent Letter Sorting Machine reads the addresses on letters at hyperspeed when they are first …
Read More »Government could have achieved more from Royal Mail float but not as much as … – This is Money
This is Money Government could have achieved more from Royal Mail float but not as much as …This is MoneyThe Government could have achieved more money for the taxpayer from its sale of Royal Mail, but not as much as the £1billion suggested by some critics, an official report is …
Read More »Royal Mail float could have achieved more but not as much as £1billion – This is Money
This is Money Royal Mail float could have achieved more but not as much as £1billionThis is MoneyThe Government could have achieved more money for the taxpayer from its sale of Royal Mail, but not as much as the £1billion suggested by some critics, an official report is expected to …
Read More »Inside the Royal Mail sorting office on its busiest day of the year
It’s a huge festive operation, with around 2,000 little helpers working round the clock to ensure no-one is disappointed on Christmas Day. More: continued here
Read More »Royal Mail sparks privatisation revamp after taxpayers were left short-changed – This is Money
Royal Mail sparks privatisation revamp after taxpayers were left short-changedThis is MoneyThe way that the Government sells shares should be overhauled after taxpayers were left short-changed following the Royal Mail privatisation, a government-backed report will today say. Former City minister Lord Myners was asked to probe the process … More: …
Read More »VIDEO: The super-fast Royal Mail robot forced to read your messy Christmas … – Wandsworth Guardian
VIDEO: The super-fast Royal Mail robot forced to read your messy Christmas …Wandsworth GuardianBut Royal Mail say that they can deal quickly with all properly addressed post, whether red, blue or gold. An Intelligent Letter Sorting Machine reads the addresses on letters at hyperspeed when they are first received in …
Read More »Ditch red envelopes pleads Royal Mail – South Wales Guardian
South Wales Guardian Ditch red envelopes pleads Royal MailSouth Wales GuardianThe issue means every card and letter placed in a red envelope must be sorted manually by Royal Mail staff. A Royal Mail spokesman urged householders to give up red cards – or at the very least place a white …
Read More »Royal Mail Sale Probe Said to Call for Changes to IPO Process – Bloomberg
Royal Mail Sale Probe Said to Call for Changes to IPO ProcessBloombergA U.K. government-commissioned inquiry into the sale of Royal Mail (RMG) Group Plc will call for changes to the way initial public offerings are managed in London, according to a person familiar with its findings. The report urges debate …
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