Telegraph.co.uk The Government delivered on Royal Mail after allTelegraph.co.ukAs he points out, the purpose of the sale, pursued without success by successive governments over three decades, was to turn Royal Mail into a commercial operation so it could deliver mail everywhere for the price of a standard stamp. This was …Royal Mail birthday celebrations overshadowed…
Evening Standard Chris Blackhurst: Vince Cable won't agree but he got Royal Mail wrongEvening StandardIt was with some justification that the Business Secretary was able to write in The Independent this week that “Those who rushed to judgement on the Royal Mail flotation a year ago are having to think again.” No I'm not. Whatever…
BBC News Why you need to be a maths genius to post a parcelBBC NewsIn the world of parcel post – as in other areas of human activity – size is critical. But just when consumers may have got used to the new size criteria introduced by Royal Mail in April 2013, shapes and prices…
The Royal Mail deal was meant to be a celebratory moment for the Government – now it looks like they and the investment bankers got it right after all. More: continued here
Royal Mail set to pay £12m fineHerald ScotlandThe group said it had set aside a total of £18 million to include its legal costs in relation to the probe into GLS France. That is far less than the £160m maximum penalty estimated by analysts when Royal Mail disclosed in July that it was facing the…
The Guardian Royal Mail birthday celebrations overshadowed by privatisation chaosThe GuardianThe investment bank Lazard, part of which advised the government that Royal Mail shares could be sold as cheaply as 212p, made an £8.4m profit by immediately selling Royal Mail stock. The investment division, Lazard Asset Management, bought 6m … More: continued here
Interactive: Royal Mail shares one year onTelegraph.co.ukRoyal Mail investors have been on a rollercoaster ride since the controversial float of the postal group a year ago. This interactive share price graph allows you to track the events that have moved the stock, from the pricing of the shares at 330p all … More: continued here
Retail investors who bought in at 330p and were allocated 227 shares each – costing £749.10 – would have made profits of £351.85 by selling on day one. More: continued here
The Guardian Royal Mail sets aside £18m for French fine and legal feesThe GuardianRoyal Mail announced in July that its subsidiaries had received a notice from the French competition authority alleging breaches of competition laws as part of a wider investigation into the parcel delivery industry in France. The British company … More: continued here
Royal Mail shares: sell, hold or buy?Hargreaves LansdownIt is a year since the UK government sold a 60% stake in Royal Mail through an Initial Public Offering on the London Stock Exchange. More than 700,000 members of the public bought shares at a launch price of £3.30. The price soared by over 40% on the…