What Royal Mail PLC's Investment Plans Mean For Earnings GrowthThe Motley Fool UKA backdrop of rising parcels demand and collapsing letter volumes — combined with intensifying competition from the likes of TNT Post UK — is forcing the firm to undergo significant reshaping in order to remain profitable. Indeed, just last month … More: continued…
Residents take action after Royal Mail refuse to deliver postDorset EchoJune Manning and Tilly Gordon collecting their mail from the makeshift sorting office on the park. Photo credit: BNPS. THE elderly residents of a park home site have had to set up their own makeshift sorting office after the Royal Mail refused to … More:…
Grant Woodward: The whiff of cronyism over Royal Mail saleYorkshire PostNaive would be a polite way of putting the Business Secretary's hamfisted approach to selling the Royal Mail– a crown jewel even Margaret Thatcher baulked at selling off in the 1980s because she was “not prepared to have the Queen's head privatised”. More: continued here
Nick Clegg has backed Vince Cable's pricing of Royal Mail in the communications firm's privatisation, despite the National Audit Office saying it was sold off too cheaply. After taking advice from the investment banks Goldman Sachs and UBS, UK Business Secretary Cable priced Royal Mail at 330p a share. Royal Mail's share price is now…
MP praises Royal MailWeston & Somerset MercuryDan Riddle, Royal Mail local delivery office manager, said: “The visit gave us the opportunity to show John how we are modernising and transforming the business. “We are investing in new sorting and delivery equipment, as we respond to the changing … More: continued here
The Guardian David Cameron, retract your claim about Labour privatising Royal MailThe GuardianDespite his best efforts, David Cameron couldn't bluster his way through the questions asked of him about his government's handling of the Royal Mail sell-off at Prime Minister's Questions on Wednesday. The fact of the matter is that his government … More: continued…
MSP condemns Royal Mail sale as Audit Office release reportInverurie HeraldNorth-east MSP Christian Allard has condemned the “botched” sale of Royal Mail following news from the National Audit Office. The Office concluded that efforts could have been made to achieve better value for money for the taxpayer. Royal Mail shares … More: continued here
Follow us for the latest newsDorset EchoJune Manning and Tilly Gordon collecting their mail from the makeshift sorting office on the park. Photo credit: BNPS. THE elderly residents of a park home site have had to set up their own makeshift sorting office after the Royal Mail refused to … More: continued here
Under pressure over the government's handling of the Royal Mail sell-off, David Cameron told MPs today that Labour had also made a manifesto commitment to privatise the company. Unfortunately for the prime minister that does not appear to be true. Labour's 2010 manifesto read: "The Post Office has an invaluable role to play in our…
Daily Star Royal Mail Plc's 2 Greatest StrengthsThe Motley Fool UKWhen I think of postal and delivery service provider Royal Mail (LSE: RMG), two factors jump out at me as the firm's greatest strengths and top the list of what makes the company attractive as an investment proposition.Businessman hires pigeons to deliver goods after huge…