Reuters Royal Mail stake to be sold off, George Osborne announcesBBC NewsThe government's remaining 30% stake in the Royal Mail is to be sold off to help pay down the deficit, George Osborne has said. The chancellor said the shares – currently valued at £1.5bn – would be sold when ministers could be sure they…
Mirror.co.uk Government sells rest of Royal MailFinancial TimesGeorge Osborne has announced the government will sell its remaining 30 per cent stake in Royal Mail to help reduce the deficit. The chancellor announced the £1.5bn sell-off in the House of Commons on Thursday. “There is no reason we should hold a …UK to start selling remaining Royal…
Royal Mail PLC Earns "Neutral" Rating from Citigroup Inc. (RMG)Dakota Financial NewsCitigroup Inc. restated their neutral rating on shares of Royal Mail PLC (LON:RMG) in a research note issued to investors on Tuesday. The firm currently has a GBX 531 ($8.12) price target on the stock. Citigroup Inc. has also taken action a number of…
Osborne announces plans to raise £1.5bn by selling remaining stake in Royal…The Guardian (blog)Osborne announces plans to raise £1.5bn by selling remaining stake in Royal Mail – Politics live. Rolling coverage of all the day's political developments as they happen. No 10 to write to Ipsa demanding rethink on MPs' 10% pay rise · David…
Wiltshire Times Trowbridge Royal Mail employees take on London night ride for charityWiltshire TimesTROWBRIDGE Royal Mail employees are taking part in the Nightrider cycling challenge in London this weekend, which will see them travel 100km through the streets of the capital at night. Sue Hall, Jim Dobson and Mark Maguire, who are going under the …and…
UK to start selling remaining Royal Mail shares: British FM George OsborneEconomic TimesLONDON: British finance minister George Osborne said on Thursday the government would start selling its remaining 30 per cent stake in Royal Mail, the country's post operator, which is worth around 1.5 billion pounds ($2.3 billion). Osborne also said … More: continued here
Channel 4 News (blog) Royal Mail sell off: Ed Miliband is backChannel 4 News (blog)The Lib Dem view was that the long term future of the Royal Mail needed long-term investment from the private sector but long-term stability too. The universal service obligation is written into law but some fear that could disappear over time…
Royal Mail: Government to sell off remaining 30% stakeITV NewsThe government is to sell off its remaining 30% stake in Royal Mail, Chancellor George Osborne has announced. The Chancellor said the sale would make up part of a £4.5 billion boost to the public coffers in the current fiscal year, on top of a planned…
3 High-Yielding Stocks On The Up: Royal Mail Plc, Direct Line Insurance Group …The Motley Fool UKOnce the darlings of the IPOs seen in 2013, the iconic Royal Mail (LSE: RMG) shares peaked at over 600p. Sadly, a combination of market volatility and questions surrounding its profitability caused the shares to slump to around 400p….
Travel firm boss Peter Long set to become next Royal Mail chairmanPost and ParcelLong has been appointed to the Royal Mail board as a non-executive director, and is expected to take over from current chairman Donald Brydon at the start of September. The chairmanship is subject to a vote by shareholders at the company's AGM…