The Guardian Froth goes, but Royal Mail sale was flawedThe GuardianA year after privatisation at 330p, Royal Mail shares stand at 402p. That's an improvement of 22%, unexceptional by the standard of past government sell-offs. So was Vince Cable right all along? Was the state's sale of a 60% stake in the postal service ……
International Business Times UK Royal Mail's Moya Greene: Hostilities with CWU Union Thawed After PrivatisationInternational Business Times UKThe hostilities between Royal Mail managers and the postal service's main union have died down after the state-owned employer was privatised, according to Moya Greene. The chief executive of the Royal Mail told IBTimes UK that she has…
International Business Times UK UK Mental Health: Barclays, BT and Royal Mail Team Up to Target Depression …International Business Times UKSome of Europe's top business leaders, from the likes of Royal Mail, Barclays and BT, have backed a new charter designed to target depression in the workplace. The charter, based on six key principles that…
Trading Royal Mail for profitInteractive InvestorThis is the second of a series of four articles where I will explain how I use my tramline system to actively trade the markets for profit. Warning: I am not a buy-and-hold man (the FTSE is trading at the same level as in December 2007 – over six years…
Royal Mail settles with French competition authorityFinancial TimesRoyal Mail has reached a settlement with the French competition authority over alleged breaches of antitrust laws by its subsidiary GLS France, setting aside a total of £18m for any fines and legal bills. The Autorité de la Concurrence's antitrust … More: continued here
International Business Times UK Royal Mail Sets Aside £18m to Cover French Antitrust Fine and Legal CostsInternational Business Times UK"Royal Mail announces that it has entered into a settlement agreement with the French competition authority (Autorité de la Concurrence) in respect of the alleged breaches of antitrust laws by one of its subsidiaries, GLS France,…
Independent Online Royal Mail takes R320m provisionIndependent OnlineLondon – Britain's Royal Mail said on Thursday it had taken a financial provision of 18 million pounds (R320 million) after reaching a settlement with French competition authorities in a possible breach of antitrust laws. Royal Mail, which listed on … More: continued here
Royal Mail shares rose 2 per cent in morning trade as the amount set aside is far less than the £160million maximum penalty estimated by analysts. More: continued here
Evening Standard Royal Mail sets aside £18m for French fine on float anniversaryEvening StandardThe highly profitable GLS business was thrust into the limelight before its Royal Mail parent listed on the London Stock Exchange. In a key period leading up to privatisation, the postal operator's profit was found to rely entirely on European parcels ……
Exclusive: Greene tells IBTimes UK Royal Mail had a 'very conflictual attitude' around disputes. More: continued here