Daily Mail George Osborne accused of selling Royal Mail shares too cheaplyDaily MailMinisters were accused last night of costing the taxpayer tens of millions of pounds by selling shares in the Royal Mail too cheaply – for a second time. One critic dubbed the debacle 'sell-off groundhog day' while a top bank privately told clients…
FTSE falters on Greek drama but BT and Royal Mail riseThe GuardianMeanwhile Royal Mail has added 6.7p or 1.3% to 500p, recovering from a decline in the wake of the UK government's sale of £750m worth of shares in the business. Elsewhere Imperial Tobacco has added 9p to £32.76 after Morgan Stanley raised its price ……
Belfast Telegraph Sale of Royal Mail stake nets £750mBelfast TelegraphA further 1% will be given to Royal Mail employees, meaning staff will share in a chunk of the company worth around £50m, adding to the 10% awarded to employees when the coalition government began the flotation of the then-state-owned firm in 2013. More: continued here
Royal Mail PLC Stock Rating Reaffirmed by Shore Capital (RMG)Dakota Financial NewsAnalysts at RBC Capital raised their price target on shares of Royal Mail PLC from GBX 400 ($6.11) to GBX 475 ($7.25) and gave the company an “underperform” rating in a research note on Wednesday. Analysts at Bank of America reiterated a “buy” rating …Royal…
The Independent Whistl's disastrous figures show that Royal Mail is delivering in tough terrainThe IndependentRoyal Mail argues that, while it doesn't mind the USO commitment to deliver to every address in Britain, six days a week, it deserves to be cut some slack in other demands from the regulator by way of compensation. Primarily, that…
Broker spotlight – Debenhams, M&S, Petra Diamonds, Ted Baker, Royal Mail…Proactive Investors UKJP Morgan delivered a boost to Royal Mail (LON:RMG) upping its target price from 515p to 605p. The government now holds a 15% stake of the postal group, down from 30% after last night's placement. “The reduced government stake is positive long-term,” …and more »…
Huffington Post UK Giant Rat 'Plague' Sees Royal Mail Suspend Deliveries For London StreetHuffington Post UKPostmen are refusing to deliver mail to a London street amid a “plague” of giant rats. All Royal Mail deliveries have been suspended to properties in a service road behind London Road, Streatham because of the problem. The road is…
Isle of Man Today Government sells Royal Mail sharesIsle of Man TodayA further 1% will be given to Royal Mail employees, meaning staff including postal workers across Britain will share in a chunk of the company worth around £50 million, adding to the 10% awarded to employees when the coalition government began the … More: continued…
Reuters UK Royal Mail, RBS share sales dominate as FTSE edges higherReuters UKLONDON Gains in Royal Bank of Scotland shares bolstered Britain's top equity index on Thursday on news it would be returned to private hands sooner than expected, while shares in Royal Mail fell after the government sold half its stake at a discount.FTSE…
Daily Mail Royal Mail postman refuses to deliver mail in Berkshire because he's scared to …Daily MailMr Bailey, 78, wrote to the Royal Mail to complain – but bosses said that if the postman 'feels at risk in any way' he cannot be forced to cross the road to the home in Great Shefford. The…