Royal Mail

EU regulators clear Royal Mail pension revampInteractive InvestorBy Neil Maidment LONDON (Reuters) – Privatisation of Royal Mail Group moved a step closer after EU regulators approved government plans to take on its deficit-ridden pension scheme. The European Commission said on Wednesday the revamp included measures … More: continued here

Telegraph.co.uk Budget 2012: £28bn of Royal Mail pension assets to pay down national debtTelegraph.co.ukBillions of pounds-worth of shares, bonds and properties controlled by Royal Mail's pension fund will be used to reduce down the national debt. By Christopher Hope, Senior Political Correspondent However, the deal to allow the state to …

Money Marketing Govt to get go ahead on Royal Mail pension transferMoney MarketingThe European Commission will today give the green light to the Government taking on £37.5bn of Royal Mail's pension liabilities, according to reports. The move will also see £28bn of assets transferred to the Government books and will …

Budget 2012: Can Royal Mail's pension assets be called a 'windfall'?Citywire.co.ukby Caelainn Barr on Mar 21, 2012 at 17:45 During his Budget speech Chancellor George Osborne gleefully announced that the transfer of £28 billion worth of assets from the Royal Mail to the Exchequer was a 'windfall' for the government. …

The Government today welcomed European Commission approval of a state aid package for Royal Mail which cuts the company's pensions bills and bolsters restructuring costs with a debt reduction of more than one billion pounds. More: continued here

European Commission approval of Royal Mail aid welcomedThe IndependentThe Government today welcomed European Commission approval of a state aid package for Royal Mail which cuts the company's pensions bills and bolsters restructuring costs with a debt reduction of more than one billion pounds. More: continued here

The Poke Domino's to take over Royal Mail deliveriesThe PokeDelivery News: The Government has announced plans to allow Domino's Pizza to take over postal delivery from the Royal Mail, starting in 2013. “Domino's Pizza has a proven track record for quick, efficient delivery of items across most of the UK,” …

Hastings and St. Leonards Observer Veteran mail man retires from his postHastings and St. Leonards ObserverDAVE Ormerod has hung up his post bag after nearly half a century of delivering mail in 1066 Country. The 65-year-old, of Albany Court in Robertson Terrace, gave 47 years of loyal service to Royal …

A Very British BudgetWall Street Journal (blog)“On the face of it, Osborne has money to spend relative to his targets, with the PSBR [public sector borrowing requirement] undershooting by £7 billion last year and some cash coming in from the transfer of the Royal Mail pension fund,” said Lloyds …and …

The nationalisation of the Royal Mail's pension scheme has been approved by the European Commission. More: continued here