Royal Mail

IT IS 1480 kilometres from Beale St, Memphis to The Royal Mail Hotel in Goodna. More: continued here

Royal Mail's keeping the blues alive, says Memphis foundationThe Queensland TimesBut despite their physical distance from each other the two landmarks are known throughout the world as spiritual homes of the Blues. Now Royal Mail publican Andrew Café has the trophy to prove it. Each year, The Blues Foundation presents the Keeping … More: continued here

This damaging privatisation just chucks more red meat into a shark pool populated by the government's buddies and donors We have all, at one time or another, been involved in an unnecessarily heated game of Monopoly. Other players are ganging up on you and doing deals behind your back, you land on super tax at…

Telegraph.co.uk Investors fear further Royal Mail sale as lock-up expiresTelegraph.co.ukThe Government pledged to retain its near-30pc stake in Royal Mail for 180 days after the start of unconditional trading of shares in the group. But the so-called lock-up agreement has now lapsed, giving the state free rein to sell down its holding in … More:…

Jitters over lock-up have already weighed on shares, which have fallen 12.1pc since beginning of April More: continued here

Regulator tells Royal Mail it could face fines if it does not improve performance The postal regulator has told Royal Mail it must improve services after missing key performance targets, warning of possible fines if it does not improve. Ofcom said the recently privatised company had missed a requirement to deliver 93% of all first-class…

Postman Paul Firmage, one of only 368 employees to have turned down the £2,200 of free shares, says they are 'little more than a bribe' Of the 150,000 Royal Mail employees, just 368 have turned down the £2,200 of free shares offered to them as part of the privatisation of the 500-year-old company. One of…

Evening Standard MPs to quiz Lazard over Royal Mail saleEvening StandardThis comes a week after a report by the National Audit Office criticised the Government for its reliance on City advisers during the £2bn listing of Royal Mail and said it had sold the company too cheaply. Last year's flotation caused a public outcry ……

UK Royal Mail spotlight reopens rift between bankers and advisersReutersBritain's Public Accounts Committee (PAC), a group of legislators who scrutinise aspects of government finances, said on Thursday it would quiz independent firm Lazard over its role in the Royal Mail float. Its comments came a week after a National … More: continued here

Agreement includes demands on job security, pensions and other conditions and union involvement in running of business Royal Mail staff will get a pay increase of more than 9% over three years after the company and its union announced what they said was a groundbreaking legal agreement on industrial relations at the newly privatised company….