Royal Mail

The fallout from the controversial stock market flotation of Britain's Royal Mail (Other OTC: ROYMF – news) has reopened a rift between the bank and independent advisers who run such deals. Subsequent questions over the pricing of the offer have reignited the bad feeling between banks, who sometimes feel advisers …

Royal Mail fall feeds speculation of government stake unloadFinancial TimesA six-month low for Royal Mail has been feeding speculation that the government will unload more of its stake. Regulator Ofcom said on Wednesday that it was reviewing Royal Mail's network access changes. Competition and regulatory uncertainties have … More: continued here

International Business Times UK Royal Mail: Lazard Being Quizzed By MPs Over IPO PriceInternational Business Times UKRoyal Mail: Lazard Being Quizzed By MPs Over IPO PriceReuters. The Public Accounts Committee confirmed that the independent financial adviser for the controversial sale of Royal Mail will be quizzed by politicians over the …

Broker spotlight: RBS, Burberry, BT, Royal Mail, Dragon Oil, Mariana Resources …Proactive Investors UKIt is also the principal battleground between TNT and Royal Mail, as TNT is unlikely ever to have 100% national end-to-end coverage and so will have to use RMG to deliver letters to some degree. UBS has …

Peterborough Telegraph Speaker's Corner: Shortchanged on Royal Mail sell-offPeterborough TelegraphThe reason the Government was in such a rush to sell off the Royal Mail was to raise funds to cover the gaping hole in George Osborne's failed economic plan, which has seen borrowing increase by £245bn more than the Government …

Metro Royal Mail van rolls down hill, crashes into parked car and narrowly misses …MetroA Royal Mail van rolled down a hill, smashed into a car and narrowly missed an iconic house in Lincolnshire. Witnesses say the red delivery van was unmanned when the crash occurred near the Bird of …

UK watchdog to quiz Lazard over Royal Mail floatReutersLONDON (Reuters) – The British public spending watchdog will call up independent financial adviser Lazard this month regarding its role on the controversial Royal Mail (RMG.L) flotation, a government spokeswoman said on Thursday. Lazard, which advised … More: continued here

Telegraph.co.uk Royal Mail warns of 'uncertainty' caused by Ofcom probeTelegraph.co.ukRoyal Mail has warned of a “create a period of uncertainty in the UK postal market” after Ofcom signalled a longer review of the delivery company's so-called access charges than it expected. The recently privatised delivery company said it was “keen …

The Public Accounts Committee confirmed that the independent financial adviser for the controversial sale of Royal Mail will be quizzed by politicians over the delivery service's IPO price. The PAC spokesperson said that Lazard will give evidence to the committee, which is led by Margaret Hodge, on 30 April. At …

Royal Mail PLC Receives Overweight Rating from JPMorgan Chase & Co. (RMG)WKRB NewsRoyal Mail PLC (LON:RMG)'s stock had its “overweight” rating reiterated by JPMorgan Chase & Co. in a research note issued on Friday, American Banking & Market News reports. They currently have a GBX 765 ($12.68) price target on …