Royal Mail

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

* EU Commission approves pension revamp, debt restructure * Boosts government plans for Royal Mail privatisation * Decision welcomed by CWU, privatisation opposed LONDON, March 21 (Reuters) – Privatisation … More: continued here

European Union anti-trust regulators on Wednesday approved British government plans to provide pension relief and slash the debt of Royal Mail Group as part of its privatisation. More: continued here

stv.tv Post and Royal Mail jackets stolen from postman's carstv.tvA bag of post and two Royal Mail jackets have been stolen from a postman's car. The vehicle was parked on West Pilton Avenue in Edinburgh between 11.30am and 12.45pm on Tuesday. When the 34-year-old returned he found it had been …

Bloomberg Gilt Sales to Climb Next Year as Osborne Fiscal Targets at RiskSan Francisco ChronicleRoyal Mail Gilts have lagged behind US Treasuries, German bonds and Japanese debt this year, losing 3.2 percent, according to indexes compiled by Bloomberg and the European Federation of Financial Analysts Societies. UK bonds returned 17 …

Money Marketing EU regulators clear UK's Royal Mail pension revampReutersBRUSSELS, March 21 (Reuters) – British state-owned Royal Mail Group won EU regulatory approval on Wednesday for a 1.09 billion pound (1.3 billion euros) cut in its debt as part of a restructuring plan to tackle its pension costs.Brussels to approve …

Royal Mail Wins EU Approval for UK Government Pension AidBloombergRoyal Mail Group Ltd. won European Union approval for UK government aid to pay for some pension costs. The European Commission authorized restructuring aid that would reduce the state-owned postal operator's debt by 1.089 billion pounds ($1.7 billion), … More: continued …

BRUSSELS (Reuters) – British state-owned Royal Mail Group won EU regulatory approval on Wednesday for a 1.09 billion pound (1.3 billion euros) cut in its debt as part of a restructuring plan to tackle its pension costs. The European Commission said the revamp included measures that would ensure that Royal …

Bradford Council motion supports Royal Mail closure protestBradford Telegraph and ArgusCouncillors are expected to throw their weight behind a campaign against Royal Mail's closure of three delivery offices in the district. Councillor Rizwan Malik (Lab, Heaton) is asking Bradford Council to back a call for the offices at Shipley, … …