Royal Mail

Postal company Royal Mail valued at £5bn in JuneFinancial TimesRoyal Mail was valued by investment banks at up to £5bn in June, 50 per cent more than the price at which the UK postal operator was sold to the public a week ago. The revelation will intensify criticism of the …

LONDON: Britain's Royal Mail was valued by some investment banks 50 per cent higher than last week's public sale price, a newspaper reported. In a report on Saturday, the Financial Times said Royal Mail was valued by banks not involved in the sale at up STG5 billion (RM25.5 billion) in …

The Guardian Royal Mail shares: Vince Cable defends flotation price as shares hit 500pThe GuardianVince Cable has written to MPs to defend the pricing of the Royal Mail flotation as shares in the postal service closed above 500p at the end of their first full week of trading, representing a …

Bourne Local Labour's Chuka Umunna refuses to condemn Royal Mail workers' strikeThis is MoneyLabour's Chuka Umunna has refused to condemn a strike by Royal Mail workers despite the shadow business secretary saying it was 'bad news for everyone' and 'not a route I would support'. The conflicting messages from the …

Telegraph.co.uk Taxpayer lift as Royal Mail stake hits £1.5bnTelegraph.co.ukSuch levels of buying, and minimal amounts of selling due to a lack of liquidity in the shares, which is the result of the controlled way the shares were distributed, has ensured a strong price for Royal Mail since its float. Shares …

Was Royal Mail undervalued by more than 50%? Treasury 'ignored City advice …This is MoneyThe Government drastically undervalued Royal Mail after ignoring advice from the City in June that the postal service was worth at least £5billion, a report claimed today. The Financial Times said at least two banks consulted …

UK's Cable says strike risk at Royal Mail influenced price rangeReuters UKLONDON Oct 18 (Reuters) – Britain's Business Secretary Vince Cable rebuffed accusations that the government underpriced the privatisation of Royal Mail and said on Friday the threat of industrial action had influenced the price-setting process. Shares … More: continued …

Why the Royal Mail's megaphone critics are wrongTelegraph.co.ukImagine this scenario. A creaking, former state monopoly goes through years of reform in a desperate effort to protect itself from new competitors. The tens of thousands of workers involved in the enterprise have to make sacrifices to increase … More: continued here

Telegraph.co.uk UK's Royal Mail valued higher than sale price – FT reportReuters UKLONDON (Reuters) – Britain's Royal Mail was valued by some investment banks 50 percent higher than last week's public sale price, a newspaper reported, adding to a debate over whether the postal service was sold off too cheaply. …

LONDON: Britain's Royal Mail was valued by some investment banks 50 percent higher than last week's public sale price, a newspaper reported, adding to a debate over whether the postal service was sold off too cheaply. More: continued here