How do you solve a problem like the Royal Mail valuation?Telegraph.co.ukThe valuation of Royal Mail has caused political fallout and red faces amongst the bankers who ran the sale process, but why are we getting so many different numbers? These are not small differences either, at £4.5bn, the difference between …
Read More »Business Live: Royal Mail results – BBC News
Business Live: Royal Mail resultsBBC News"Don't expect fireworks" and "pedestrian" – that's what Radio 5 live's Mickey Clark says to expect of Royal Mail's results, out in just a few minutes time. UK GROWTH 0651: Radio 4. Watch how much money is going into capital investment when the latest … …
Read More »Royal Mail, CWU extend pay deal deadline – Independent Online
Royal Mail, CWU extend pay deal deadlineIndependent OnlineThe Communication Workers Union (CWU), which represents most Royal Mail staff, said on Tuesday there had been “significant progress” in reaching an agreement over an improved pay offer, better working conditions and a separate pension agreement. More: continued here
Read More »Royal Mail shares: price rise ‘was expected’ – The Week UK
Royal Mail shares: price rise 'was expected'The Week UKVince Cable will be questioned about the Royal Mail sell-off by the Business, Innovation and Skills Select Committee tomorrow. He has previously dismissed the early gains as “froth” and said the true value of the shares would not emerge for six months. …
Read More »Is It Time To Sell Royal Mail PLC? – Motley Fool UK
Is It Time To Sell Royal Mail PLC?Motley Fool UKFrom an investor's point of view, the recent privatisation of Royal Mail (LSE: RMG) has been a huge success. The IPO was heavily over-subscribed, and all the investors who were canny enough to apply for shares will have made a very …
Read More »Royal Mail: Anger as Goldman Sachs makes clients up to £12m selling shares having advised Government on price
Clients of a giant US investment bank that helped value Royal Mail have made up to £12million by quickly selling their shares. Goldman Sachs has already been rapped for advising the Government to price Royal Mail at £1billion less than it is currently worth. More: continued here
Read More »Cable Faces Scrutiny Over £4m Royal Mail Bonus – Sky News
The Independent Cable Faces Scrutiny Over £4m Royal Mail BonusSky NewsVince Cable, the Business Secretary, will come under pressure on Wednesday to cancel a £4m bonus fee for investment bankers as MPs step up their scrutiny of Royal Mail's controversial £3.3bn privatisation. Sky News has learnt that members of the …Revealed: …
Read More »Royal Mail fails to deliver union deal – Telegraph.co.uk
Telegraph.co.uk Royal Mail fails to deliver union dealTelegraph.co.ukA Royal Mail spokesman said: “Royal Mail and the CWU have made further progress in current talks on a new agreement covering industrial stability, pay and protections. On this basis, we have agreed to a further seven day extension of the legal validity …
Read More »Royal Mail fails to deliver union deal ahead of maiden results
Talks between Royal Mail and the CWU have been posted for another week while Vince Cable and Michael Fallon face MP grilling on the valuation of the company. More: continued here
Read More »Law firm Clifford Chance analyses Royal Mail’s property portfolio – The Guardian
The Guardian Law firm Clifford Chance analyses Royal Mail's property portfolioThe GuardianPhotograph: Matt Dunham/AP. Clifford Chance, the "Magic Circle" City law firm with links to some of the leading investors in Royal Mail, has been privately analysing the newly floated company's portfolio of 2,000 UK properties. News of the evaluation …
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