Royal Mail

Cable has been recalled by the House of Commons Business Committee on April 29th to answer claims that he mis-priced the sale and allowed City traders to make considerable instant profits at the expense of taxpayers. More: continued here

Business secretary to answer claims that government vastly undervalued postal service following scathing NAO report Continue reading… More: continued here

The Northern Echo Cable to face another Royal Mail sale grillingThe Northern EchoTHE Business Secretary is being recalled by a select committee of MPs to give further evidence over the Government's controversial privatisation of Royal Mail. Vince Cable will be questioned on April 29 by the Business Select Committee, which …

BIS select committee orders Cable and Michael Fallon to another hearing after damning NAO report. More: continued here

Financial News Royal Mail hires investment expertise for DC planFinancial NewsBen Piggott, formerly a senior manager researcher at JLT, will take up his post as scheme secretary to the Royal Mail DC Pension Plan at the start of May, according to a statement from the trustees. Despite the increasing shift …

Plymouth Herald Have you been to Llanfairpwllgwyngyll? Bizarre postcode facts revealed on 40th …Plymouth HeraldTHE Royal Mail is celebrating 40 years since the introduction of postodes – but what are the longest, strangest and most common street names in the UK? The Royal Mail is marking the allocation of postcodes …

The Royal Mail Pensions Trustees, who oversee the postal group’s pension schemes, have hired an investment expert from consultancy JLT to run the group’s £100 million defined-contribution scheme, in an unusual move for the industry. More: continued here

Business Secretary Vince Cable is recalled by the Business Select Committee to give further evidence over the privatisation of Royal Mail. More: continued here

Stephen Davies: Veil of silence over Royal Mail pensionsYorkshire Evening PostTHE Government's handling of the sale of Royal Mail has attracted a great deal of criticism, most of it focusing on the fact that the share price has increased by 70 per cent since its flotation. The accusation is that …

School plans for Barrack Road Royal Mail site in Northampton 'on hold'Northampton Chronicle & EchoPlans to convert a former Royal Mail sorting office in Northampton into a new secondary school have been put on hold for a year, the school trust behind the proposal has revealed. Last year, the Chron …