Nick Clegg has backed Vince Cable's pricing of Royal Mail in the communications firm's privatisation, despite the National Audit Office saying it was sold off too cheaply. After taking advice from the investment banks Goldman Sachs and UBS, UK Business Secretary Cable priced Royal Mail at 330p a share. Royal …
Read More »MP praises Royal Mail – Weston & Somerset Mercury
MP praises Royal MailWeston & Somerset MercuryDan Riddle, Royal Mail local delivery office manager, said: “The visit gave us the opportunity to show John how we are modernising and transforming the business. “We are investing in new sorting and delivery equipment, as we respond to the changing … More: continued here
Read More »David Cameron, retract your claim about Labour privatising Royal Mail – The Guardian
The Guardian David Cameron, retract your claim about Labour privatising Royal MailThe GuardianDespite his best efforts, David Cameron couldn't bluster his way through the questions asked of him about his government's handling of the Royal Mail sell-off at Prime Minister's Questions on Wednesday. The fact of the matter is that …
Read More »MSP condemns Royal Mail sale as Audit Office release report – Inverurie Herald
MSP condemns Royal Mail sale as Audit Office release reportInverurie HeraldNorth-east MSP Christian Allard has condemned the “botched” sale of Royal Mail following news from the National Audit Office. The Office concluded that efforts could have been made to achieve better value for money for the taxpayer. Royal Mail shares …
Read More »Follow us for the latest news – Dorset Echo
Follow us for the latest newsDorset EchoJune Manning and Tilly Gordon collecting their mail from the makeshift sorting office on the park. Photo credit: BNPS. THE elderly residents of a park home site have had to set up their own makeshift sorting office after the Royal Mail refused to … …
Read More »David Cameron Claims Labour Manifesto Pledged To Privatise Royal Mail, It Didn't
Under pressure over the government's handling of the Royal Mail sell-off, David Cameron told MPs today that Labour had also made a manifesto commitment to privatise the company. Unfortunately for the prime minister that does not appear to be true. Labour's 2010 manifesto read: "The Post Office has an invaluable …
Read More »Royal Mail Plc’s 2 Greatest Strengths – The Motley Fool UK
Daily Star Royal Mail Plc's 2 Greatest StrengthsThe Motley Fool UKWhen I think of postal and delivery service provider Royal Mail (LSE: RMG), two factors jump out at me as the firm's greatest strengths and top the list of what makes the company attractive as an investment proposition.Businessman hires pigeons …
Read More »Cameron: Miliband is ‘paid by the trade unions to oppose Royal Mail sale’ – Telegraph.co.uk
Telegraph.co.uk Cameron: Miliband is 'paid by the trade unions to oppose Royal Mail sale'Telegraph.co.ukThe Prime Minister said the sale of Royal Mail was a cause for “celebration” because it had generated £2 billion for the Exchequer and granted shares to thousands of postal workers. He said Labour had criticised the …
Read More »What Royal Mail PLC’s Investment Plans Mean For Earnings Growth
Royston Wild evaluates what Royal Mail plc's (LON: RMG) restructuring scheme are likely to mean for future earnings. More: continued here
Read More »Jenni Russell: We’ve all been ripped off by this Royal Mail sell-off – Evening Standard
Jenni Russell: We've all been ripped off by this Royal Mail sell-offEvening StandardThis week's report by the National Audit Office into the Royal Mail's sale shows just how unfounded that claim is. The Coalition, the Treasury and the Business Secretary decided to sell off the Royal Mail at speed, for …
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