BBC News Royal Mail shares set to begin tradingBBC NewsRoyal Mail shares, priced at 330p, are due to begin conditional trading, with investors keen to see if their value will rise. With demand for the shares far outstripping supply, members of the public have been limited to £750 worth – …
Read More »Why is the Royal Mail being privatised? – The Economist (blog)
Why is the Royal Mail being privatised?The Economist (blog)ON October 11th the British government will sell around 60% of its stake in the Royal Mail, the state-owned postal service, via a flotation on the London Stock Exchange. Unlike other former state-owned businesses such as telecoms firms, energy … More: continued …
Read More »Royal Mail: your cheque is in the post – The Guardian
Royal Mail: your cheque is in the postThe GuardianOver long years, a self-hating public sector has applied tremendous institutional pressure on itself to do what it is finally doing on Friday, and flog off the Royal Mail. It is a generation since Whitehall in general, and the business department in …
Read More »Royal Mail: postmen given shares will 'take the money and go on strike'
Postmen who have been given free shares in Royal Mail while tens of thousand of people have missed out will "take the money and go on strike", a union leader said yesterday. More: continued here
Read More »Royal Mail shares soar in sparkling stock market debut
London (AFP) – Shares in Britain's Royal Mail surged by more than a third on Friday in a impressive debut on the London stock market following its controversial part-privatisation. More: continued here
Read More »Royal Mail soars on stock market debut
Shares in newly-privatized Royal Mail soared on their stock market debut Friday, likely bolstering criticism that the company, which traces its history back to King Henry VIII, was undervalued by the British … More: continued here
Read More »Royal Mail value soars by £1.3bn
Royal Mail soared in value by more than £1 billion today as shares began trading on the stock market for the first time. More: continued here
Read More »Royal Mail shares: thousands fail in applications for larger stake – The Guardian
The Guardian Royal Mail shares: thousands fail in applications for larger stakeThe GuardianAnyone who applied for more than £10,000 of Royal Mail shares – an estimated 36,500 individuals – will be left empty handed after the government chose to favour small investors over those who regularly play the stock market. …
Read More »Royal Mail Shares Soar In First Trades
Shares in Royal Mail have soared in conditional trading, with their value jumping more than 30%. The spike has boosted the value of the company to more than £4.5bn, up from the pre-flotation pricing of … More: continued here
Read More »Strong Royal Mail market debut fuels debate over price
By Kylie MacLellan and William James LONDON (Reuters) – Shares in Britain's Royal Mail rocketed to a near 40 percent premium above their issue price in Friday's stock market debut, fuelling a debate about whether they had been priced too low in order to guarantee a successful privatization. The share …
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