Peterborough Telegraph Speaker's Corner: Shortchanged on Royal Mail sell-offPeterborough TelegraphThe reason the Government was in such a rush to sell off the Royal Mail was to raise funds to cover the gaping hole in George Osborne's failed economic plan, which has seen borrowing increase by £245bn more than the Government planned. So Cameron …Don't blame ministers…
Metro Royal Mail van rolls down hill, crashes into parked car and narrowly misses …MetroA Royal Mail van rolled down a hill, smashed into a car and narrowly missed an iconic house in Lincolnshire. Witnesses say the red delivery van was unmanned when the crash occurred near the Bird of Paradise house on the Michaelgate…
UK watchdog to quiz Lazard over Royal Mail floatReutersLONDON (Reuters) – The British public spending watchdog will call up independent financial adviser Lazard this month regarding its role on the controversial Royal Mail (RMG.L) flotation, a government spokeswoman said on Thursday. Lazard, which advised … More: continued here
Telegraph.co.uk Royal Mail warns of 'uncertainty' caused by Ofcom probeTelegraph.co.ukRoyal Mail has warned of a “create a period of uncertainty in the UK postal market” after Ofcom signalled a longer review of the delivery company's so-called access charges than it expected. The recently privatised delivery company said it was “keen … More: continued here
The Public Accounts Committee confirmed that the independent financial adviser for the controversial sale of Royal Mail will be quizzed by politicians over the delivery service's IPO price. The PAC spokesperson said that Lazard will give evidence to the committee, which is led by Margaret Hodge, on 30 April. At the beginning of this month,…
Royal Mail PLC Receives Overweight Rating from JPMorgan Chase & Co. (RMG)WKRB NewsRoyal Mail PLC (LON:RMG)'s stock had its “overweight” rating reiterated by JPMorgan Chase & Co. in a research note issued on Friday, American Banking & Market News reports. They currently have a GBX 765 ($12.68) price target on the stock. JPMorgan …and more » More:…
Yahoo!7 News Committee to quiz Lazard over Royal Mail saleReuters UKThis comes a week after a report by the National Audit Office (NAO) criticised the government for its reliance on independent advisers during the 2 billion pound listing of Royal Mail and said it had sold the company too cheaply. The 2013 initial …UK watchdog…
Watchdog to quiz Lazard over Royal Mail saleReuters UKThis comes a week after a report by the National Audit Office (NAO) criticised the government for its reliance on independent advisers during the 2 billion pound listing of Royal Mail and said it had sold the company too cheaply. The 2013 initial … More: continued here
Cantor still selling Royal Mail on prospect of 'nasty battle'ShareCastBroker Cantor Fitzgerald has maintained its 'sell' stance on Royal Mail Group (RMG), the day after UK postal regulator Ofcom confirmed it will investigate the company's proposals on access charges. "In our view," wrote analyst Robin Byde, "this is … More: continued here
Yes, Silicon Valley floats normally fly, but if you want to talk attractive valuations snail mail comes in first Which communications company do you prefer? Company A has been around for 500 years, has an annual turnover of £9bn, makes profits of £400m and offers a dividend yield of 6% or thereabouts. It has more…